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Good morning,

Based on your statement, the accrued CPF interest is $100k. So how much is the principle that have being used? The profit, after deduction of your CPF funds would likely to be less that $400k, based on selling price of $500k. If you are buying the Executive unit with your son as the co-owner, the loan component will be computed based on both income and age. So if your son is not working, adding in his name might not help ease the situation either.

Do feel free to contact me for detail discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

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Hi, hopefully you managed to sell your unit at a good price then. If, so then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More