Asked by Anonymous
Asked on 26 Jun 2019
Ultimately this will decide my repayment method, whether clearing all my debt is a priority or using the excessive cash for investments
Getting a loan frees up your cash which you could invest. Housing loan now is 2.5% and there are plenty of investment products out there with higher returns (albeit with some risk).
Ultimately it’s up to you, but for me, getting a loan and keeping cash for investments (and potentially down payment for other property, car, etc) is the better option.