Asked on 11 Feb 2020
Assuming savings is enough for downpayment of HDB loan and no grants were applied, is full cash payment possible at all without deducting from OA?
Even though it is possible, it doesnt mean one should do it, especially since you are forsaking using illiquid funds (CPF) for liquid funds(cash) for your housing purchase.
I treasure lliquidity a lot so I would definitely want to drain my CPF OA before using cash.
The short answer is yes.
The long answer is whether or not you want too depends on your overall portfolio.
This is a portfolio allocation question which requires an overview of what you have currently, cashflow and your own assumptions of the future.
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