facebookIs it true that if the HDB Loan amount is sufficient to cover the BTO purchase price, I do not have to wipe my CPF OA above $20k? - Seedly

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Anonymous

25 Nov 2020

Property

Is it true that if the HDB Loan amount is sufficient to cover the BTO purchase price, I do not have to wipe my CPF OA above $20k?

If the HDB Loan is enough to cover the BTO purchase price there's no need to wipe my CPF OA above $20k?

AMA Stacked Homes

Discussion (2)

What are your thoughts?

Ryan Ong

Ryan Ong

25 Nov 2020

Partner at Stacked Homes

You always have the flexibility to leave up to $20,000 in your OA, instead of using the entire amount for your flat.

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