# HDB sale proceeds, CPF refund & resale levy calculator

Estimate your **net cash proceeds** when selling an HDB flat after fulfilling your Minimum Occupation Period (MOP), including **outstanding housing loan redemption**, **CPF principal + 2.5% p.a. compound accrued interest refund**, and the **HDB Resale Levy** if you are buying a second subsidised flat from HDB or a new Executive Condominium (EC) from a developer ([HDB Conditions After Buying a New Flat](https://www.hdb.gov.sg/buying-a-flat/resale-flats/conditions-after-buying-a-resale-flat?anchor=resale-levy)).

## Order of deductions when you sell an HDB flat

This planner assumes a sale at or above market value, a first subsidised flat sold on/after 3 March 2006, and the fixed levy schedule. It reserves the levy for a second subsidised purchase; HDB determines its payment timing. The breakdown is:

1. **Redeem the outstanding HDB or bank housing loan** on the flat being sold.
2. **Refund your CPF Ordinary Account (OA) principal withdrawn** for the flat (including any CPF housing grants received) together with **2.5% p.a. compound accrued interest** that your savings would have earned had they remained in your CPF OA. If your selling price (at or above market value) is insufficient to cover the full CPF refund after paying off the housing loan, CPF Board does not require you to top up the CPF shortfall in cash. **Other sale expenses are paid after the required CPF refund** ([CPF Board deduction order](https://www.cpf.gov.sg/service/article/i-have-made-a-voluntary-refund-do-i-still-need-to-refund-to-my-cpf-account-when-i-sell-my-property)).
3. **Pay other selling costs**, such as agent, legal and administrative fees.
4. **Reserve the HDB Resale Levy (if buying a second subsidised flat or new EC)**: If your sold flat was a subsidised flat (bought directly from HDB, or a resale flat bought with a CPF Housing Grant) and you buy a second subsidised flat from HDB or a new EC from a developer, you pay a fixed resale levy based on the flat type of your **first** subsidised flat. If your next home is a resale HDB flat (without grant) or private residential property, the resale levy is **$0**.

This calculator excludes Plus/Prime subsidy recovery and special short-lease resale-levy concessions; confirm those separately with HDB. If you leave the actual CPF refund blank, the 2.5% compound estimate assumes the entire principal was withdrawn at the start. Monthly mortgage withdrawals and voluntary refunds change the actual interest. Enter the total refund shown on your CPF dashboard for a useful cash estimate. Negative net cash means additional cash is required.

## Official HDB Resale Levy schedule (first subsidised flat sold on or after 3 March 2006)

Fixed resale levy amounts published by HDB ([HDB Resale Levy table](https://www.hdb.gov.sg/buying-a-flat/resale-flats/conditions-after-buying-a-resale-flat?anchor=resale-levy)). Singles who received a Singles Grant pay half the family resale levy when they subsequently form a household or buy a second subsidised flat:

| First subsidised flat type | Family / Joint Singles scheme levy | Single Grant recipient levy |
|---|---|---|
| **2-room / 2-room Flexi** | **$15,000** | **$7,500** |
| **3-room** | **$30,000** | **$15,000** |
| **4-room** | **$40,000** | **$20,000** |
| **5-room / 3Gen** | **$45,000** | **$22,500** |
| **Executive flat** | **$50,000** | **$25,000** |
| **Executive Condominium (EC, 1st subsidised)** | **$55,000** | **$27,500** |

Note: First subsidised flats sold before 3 March 2006 (or EC buyers whose land sale was launched before 9 December 2013) follow percentage-based or earlier HDB schedules; verify your exact levy liability on My HDBPage before committing to a second subsidised flat.