In current interest rate climate, shld we go for bank or hdb loan? I also understand the idea of some who recommended taking HDB and switch to Bank loan. Also, don't intend to sell the resale flat?

If at the start, u go for bank loan, u need to standby downpayment of 25% contributed by cash and CPF and grant.

Next question to ask is, do you want to wipe out all your CPF OA?

If you don't want, then take bank loan.

But if your CPF OA is less than 20% of the purchase price, then just take HDB loan. cause no matter what, it will still be wiped out.

You could go ahead to take HDB loan then switch to bank loan and it's something i usually recommend to my customers too.

Reason being, they can finance you the loan amount that you have and to me i strongly believe in taking as much loan as i can and as long as i can.

Because i can take advantage of the low interest rate and use my cash to invest in things that give me a higher return.

With bank loans, you can refinance (after a certain period depending on bank) and get a lower i/r. Banks might lower their i/r to stimulate economy in times of slower growth.

Interest rates do not fluctuate like the stock market, they aren't as volatile