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Anonymous

11 Oct 2020

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Cash top up OA - does it count to the accrued interest if i use OA to buy hdb?

Or accrued interest is only applicable to those contribution earn frm income?

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Lee John

11 Oct 2020

No. Accured interest is only from money taken out to buy housing

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Should priority be given to clear our HDB housing loan using cash (which can be paid off from the CPF OA over 20 years), or to use this cash for investment or CPF top-ups to the SA ?

I’m currently paying my hdb loan half with cpf half with cash. As we know money used from cpf will snowball with accrued interest. Assuming you have cashflow, do you recommend using all cash instead?

Been paying using CPF for my first flat (resale) without cash top-ups. I also have about 80k in my OA. Should I use a portion of my OA to clear my hdb loan? Why or why not? Thanks!

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