Dory

23 Jul 2022

∙

Is it worth it for me to use CPF to pay home loan since my home loan interest has gone up to 2.79% recently 😭

7

Discussion (7)

What are your thoughts?

Learn how to style your text

YOC

07 Oct 2022

Use it first if you can and then do voluntary housing refund

Reply

Save

Cryotosensei

02 Sep 2022

Blogger at diaperfinancingfund.blogspot.com

I used my CPF OA to pay the bulk of my mortgage. So I finished paying off my housing loan and am doing Voluntary Housing Refund as and when I can. I find that my method brings me peace of mind and is less mentally taxing on me

Reply

Save

Joe Lee

01 Sep 2022

Adventurer at Game of Life

Back to flexibility of cash, if you are not doing anything with your cash, then use cash to pay for ...

Write your thoughts

Related Posts

We used CPF to pay HDB. But after we fully paid using CPF after 25 years loan, we sell the house to buy another, why are we still paying the interest in the loan when the CPF money should belong to us? What do you guys think?

Am currently partially using CPF to pay for my home loan and want to switch to fully using cash. Is it easy to reapply to use CPF again in the future? Should i pay minimal CPF or cease CPF payment?

I had been paying my HDB housing loan for the past 3 years. If I do Partial Capital Repayment using CPF, does it benefit me from the loan interest rate and also accrued interest on my Cpf.?

To pay housing loan in cash to save CPF OA? Or to pay with CPF OA and do voluntary contribution later? Since they will spread to MA and SA with more interest?

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

Related Posts

We used CPF to pay HDB. But after we fully paid using CPF after 25 years loan, we sell the house to buy another, why are we still paying the interest in the loan when the CPF money should belong to us? What do you guys think?

Am currently partially using CPF to pay for my home loan and want to switch to fully using cash. Is it easy to reapply to use CPF again in the future? Should i pay minimal CPF or cease CPF payment?

I had been paying my HDB housing loan for the past 3 years. If I do Partial Capital Repayment using CPF, does it benefit me from the loan interest rate and also accrued interest on my Cpf.?

To pay housing loan in cash to save CPF OA? Or to pay with CPF OA and do voluntary contribution later? Since they will spread to MA and SA with more interest?

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