Anonymous

18 Apr 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

05 Mar 2019

Director at Jimtay.com

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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Do you recommend a bank loan or HDB loan if planning to sell a BTO after MOP? HDB Loan will require you to pay back everything to CPF, the remaining loan amount is not credited to OA right?

How and where can I put my CPF's OA to some investment (super low risk type) so that HDB would not wipe out most of my OA when I buy BTO? I just wish to park the OA somewhere for a short period and put the money back soon after. Any advice please?

Should priority be given to clear our HDB housing loan using cash (which can be paid off from the CPF OA over 20 years), or to use this cash for investment or CPF top-ups to the SA ?

I have a CPF 30K investment done 6 yrs ago and now intend to purchase a resale with a HDB loan. Since I need to wipe out my OA (w 20K left), does it mean i have to return the investment to CPF?

If I buy a resale HDB before selling and take a 2nd HDB loan, between the refund to CPF and HDB wipe out of OA, can I transfer part of the OA to SA? Or must all refunded CPF go to the new HDB loan?