By MoneyBees
What a home costs you each year to hold: loan interest, property tax, MCST or S&CC, insurance and CPF accrued interest, net of rent if you let it out.
Loan interest, property tax, MCST fees or S&CC, insurance and repairs, plus the CPF accrued interest you refund on sale. If you let it out, add agent fees and income tax on the rent, and take off the rent.
No. It lowers your loan and stays in the home's value, so the calculator shows it apart as cash that builds equity.
It is money you put back into your own CPF account when you sell, at 2.5% a year on the CPF you used. It does not leave your pocket each month, but it comes out of the sale proceeds.
On IRAS's owner-occupier rates, progressive on the Annual Value: 0% on the first S$12,000, then 4% on the next S$28,000, with a top rate of 32%. Owner-occupied homes also get a one-off rebate for 2026.
Usually, but property tax rises to the rates for homes you do not live in, and the rent is taxable after expenses. The calculator nets both off the rent.
IRAS's estimate of the yearly rent the property could fetch, without furniture and maintenance. It is on your property tax bill.
Junxiong-WFG Organisation is an authorised representative of AIA Financial Advisers Private Limited (Reg. No. 201715016G).