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Anonymous

27 Jul 2020

∙

For first-timer BTO applicants, is it possible to take the CPF Housing Grants, but use cash for all loan repayments instead - which means you just take the Grant and let it sit in your CPF?

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shreeram associate

5d ago

Great article! The insights about property investment are very useful for anyone planning to buy or invest.

real estate in Rishikesh

property dealer in Rishikesh

Shree Ram Associate

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Kiki

06 May 2024

You can consider payoff partial using the grant then after which you vhr to payback the grant used

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Duane Cheng

27 Jul 2020

Financial Consultant at Prudential Assurance Company Singapore

Hi there,

There are two parts to your question so I will try and explain it to you as clear as poss...

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Related Posts

PAYING HDB BTO WITH CPF, WITHOUT HOUSING LOAN Has anyone used CPF to pay for BTO without taking a loan? Is it monthly deduction or lumpsum full flat price deduction from CPF OA?

If I were to have cash on hand ($30k) and cpf-oa @ 2.5% ($30k) and am taking up a bank loan at 1.5%, would it be advisable for me to clear my housing loan or let the cpf remain in OA or invest in ?

What is your opinion on using only cash every month to pay for hdb loan repayment instead of using full OA CPF to pay hdb loan every month?

I own an existing HDB with my spouse as the Occupier. After MOP, would my spouse be considered as a first-timer applicant for BTO? Any grants applicable or levy payable?

During BTO key collection, can I indicate to pay the mortgage using CPF-OA funds but repay my CPF-OA using cash every month / year? Will there still be accrued interest if I repay using cash monthly?

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