I have 1.8 million home loan (0.68% interest rate) & spare cash 500k. Should I partially redeem the loan or any suggestion to use the 500k for other investments to take advantage of low interest rate.

Redemption Of Property Loan

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What are your thoughts?

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YuJie Tay

11 Aug 2021

Financial Adviser at PIAS

With the low interest rate now, I personally feel that there is no rush to redeem the loans. You can consider seeking safe instruments that gives you a higher returns than if you were to redeem the loan.

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I have low risk appetite. Should I use spare cash to make a voluntary refund of housing amount withdrawn at CPF ($150k including accrued interest) or do partial payment of housing loan (1.8%,$140k left)?

Should I refinance my home right now with a renovation loan and take advantage of low interest rates to remodel and add value to my home? Living with my parents, resale HDB 72 years left. Thoughts?

With Bank interest rates so low, would it be better if I pay back my CPF Home loan with the spare cash and get a higher interest from CPF

My parents are old and serving a 25 year home loan. Would it be possible for them to refinance now to take advantage of the lower interest rates? If they are not, is there anyway I can help?

What methods are possible to take a loan with low interest rates in Singapore and invest the money in the stock market?

Should I refinance my home right now with a renovation loan and take advantage of low interest rates to remodel and add value to my home? Living with my parents, resale HDB 72 years left. Thoughts?

With Bank interest rates so low, would it be better if I pay back my CPF Home loan with the spare cash and get a higher interest from CPF

My parents are old and serving a 25 year home loan. Would it be possible for them to refinance now to take advantage of the lower interest rates? If they are not, is there anyway I can help?

What methods are possible to take a loan with low interest rates in Singapore and invest the money in the stock market?