If you're selling your house for the first time, there are some things that you might be unaware of. One common question you might ask yourself is, "what happens to my mortgage when I sell my house?" For those upgrading from a flat to a condo or Executive Condominium , you might also wonder how much of your HDB sale proceeds you'll be able to get.
We've done a step-by-step breakdown of calculations in this article. Alternatively, you can log in to your CPF account or use HDB's sale proceeds calculator. Some sellers might be considering if it's better to pay off their mortgage loan upfront or continue with monthly mortgage payments until they eventually sell their house.
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