Would you recommend to delay HDB loan payback (30 yrs vs. 20 yrs), so that the money in CPF OA can have a longer time to compound? - Seedly
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Anonymous

Asked on 02 Mar 2019

Would you recommend to delay HDB loan payback (30 yrs vs. 20 yrs), so that the money in CPF OA can have a longer time to compound?

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Jim Tay
Jim Tay, Director at Jimtay.com
Level 3. Wonderkid
Answered on 05 Mar 2019

If you are using CPF to pay off your loan, then it's a big NO!

Because you are also compounding the amount of CPF you need to return to your account when you sell your flat in future.

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ūüĎć
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Thank You!
Can you clarify
I wonder if
This is so helpful ūüĎć
What about
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