facebookI have opted for CPF payment for my BTO flat mortgage loan; can I choose to pay in cash in certain months and CPF in certain months? - Seedly
Seedly logo
Seedly logo
 

Advertisement

I have opted for CPF payment for my BTO flat mortgage loan; can I choose to pay in cash in certain months and CPF in certain months?

If so, how do I go about doing it? What are the pros and cons to doing this?

2

      Discussion (2)

      What are your thoughts?

      Andy Sim

      Andy Sim

      28 Feb 2020

      Level 10·HR Professional at a Financial Institution

      Yep you can change it via CPF website: https://www.cpf.gov.sg/members/FAQ/schemes/hous...

      In general if you think you can use your cash and generate more than 2.5% returns, then it's better to use CPF to pay for your loan while the cash works harder for you.

      Reply

      Save

          You can change it via cpf online but I not sure u will get the call from cpf if u change it every month.
          I'm curious why u want to do that....

          Reply

          Save

              Write your thoughts

              Advertisement