facebookI have a $25K CPF education loan (2.5% ann int.) for my Uni fees. Over the years I saved $30K. Do I clear all the CPF loan with the money or invest them while doing monthly repayment to the CPF loan? - Seedly

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Anonymous

18 Apr 2019

CPF

I have a $25K CPF education loan (2.5% ann int.) for my Uni fees. Over the years I saved $30K. Do I clear all the CPF loan with the money or invest them while doing monthly repayment to the CPF loan?

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Jason Sing

Jason Sing

30 Nov 2018

School Of Hard Knocks And Life at School Of Hard Knocks And Life

Settle the debt first so as to reduce the interest payable. Once your debt is cleared, you could then save more to accumulate your capital for investment or trading.

Gabriel

Gabriel

01 Nov 2018

Undergraduate at National University of Singapore

Personally, I would clear off the education loan first so as to reduce the amount of interest payabl...

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