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snowlearning

2d ago

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HDB payment: use more CPF or keep more CPF for retirement?

Should I use more of CPF for the down payment and keep cash buffer, or pay more upfront in cash to leave CPF growing for retirement? Which is better?

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Darren lee

Edited 5h ago

The main trade-off is cash flexibility now versus more CPF savings for retirement.

With an HDB loan, you generally need to use your OA savings, keeping up to S$20,000 each. With a bank loan, at least 5% of the purchase price must be cash.

Our calculator shows the CPF/cash split after grants. Perfingo also lets you build a financial plan with your partner and simulate different choices together: https://www.perfingo.com/calculators/hdb-downpa...

Disclosure: I built Perfingo.

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1M45

2d ago

Use an illiquid asset (CPF) to pay for another illiquid asset (property)—that way, you have more cash to invest, build an emergency fund, or enjoy life.

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