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Private Residential
Equity Cash out


Equity Cash Out

Private Residential


Equity Cash Out

Private Residential

Formula to Derive Room for Equity Cash out
Having ONLY mortgage:
Max. Potential
Cash out
amount
80% of
Indicative
Valuation
Total CPF Amt used +
Mortgage Outstanding Amt
Having 2 and Above residential mortgage:
=
-
-
=
Total CPF Amt used +
Mortgage Outstanding Amt
60% of
Indicative
Valuation
Max. Potential
Cash out
amount

save your time & effort. Let MxRICH calculate for you.
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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 & HIGH CPF amount used. 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.
Step 3: Pre-submission calculation.
1. TDSR Calculation.
2. Repayment Calculation:
Individual
save your time & effort. Let MxRICH calculate for you.
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