Office Unit
Equity Cash out
Equity Cash Out
shop & shop house
Industrial B1, B2, Factory
Office Unit
Individual
Equity Cash Out
Formula to Derive Room for Equity Cash out
For own business used property:
Max. Potential
Cash out
amount
80% of
Indicative
Valuation
Mortgage Outstanding Amt
For investment used property (with collecting rental income):
=
-
-
=
Mortgage Outstanding Amt
70% of
Indicative
Valuation
Max. Potential
Cash out
amount
Office Unit
shop & shop house
Industrial B1, B2, Factory
save your time & effort. Let MxRICH calculate for you.
Individual
Industrial B1, B2, Factory
shop & shop house
Step 1: Find out Potential Cash out amt on the property.
Key Number:
1. Property Indicative Valuation.
2. Outstanding mortgage of the property.
Step 3: Pre-submission calculation.
1. TDSR Calculation.
2. Repayment Calculation:
Step 2: Is the potential cash out match your expectation?
The limitation of potential cash out always due to the LOW indicative valuation & HIGH outstanding loan. If the potential cash out is too little or not up to your expectation, you may need to find other way to raise the fund you need.
Individual