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Anonymous

25 Aug 2020

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Should you pay off CPF Housing Accrued Interest asap?

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Gerald Low

25 Aug 2020

Senior Financial Advisor at Manulife

Hey there,

If you have no other way to grow your cash on hand above 2.6% or if you wish to just sleep well with less debt, pay it down. Else taking that money to invest for greater growth would be more beneficial.

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Related Posts

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.?

If parents are above age 55, should they withdraw money from CPF to pay for housing in order to avoid incurring accrued interest? Instead of using CPF to pay directly.?

Do people know that if they use CPF to pay for housing, they would need to to refund the principal amount taken from CPF account, plus accrued interest?

If I finished paying for my house using CPF in 10 years, but only sell it 15 years later. What is the accrued interest I have to pay?

Is there accrued interest if I use the amount inside OA/SA for CPF IS, just like how I use the amount to pay for housing?

Related Posts

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.?

If parents are above age 55, should they withdraw money from CPF to pay for housing in order to avoid incurring accrued interest? Instead of using CPF to pay directly.?

Do people know that if they use CPF to pay for housing, they would need to to refund the principal amount taken from CPF account, plus accrued interest?

If I finished paying for my house using CPF in 10 years, but only sell it 15 years later. What is the accrued interest I have to pay?

Is there accrued interest if I use the amount inside OA/SA for CPF IS, just like how I use the amount to pay for housing?

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