If you have spare cash, would you dump it to make a partial payment of your mortgage loans or would you invest it so that you can generate more returns? Sooner or later, I think that's the question that you will have to face in your life. The philosophy and the baggage that you carry with you will determine which decision you'll make.


Let's put in the context. I used HDB's loans with interest of 2.6% pa, spanning over 30 yrs. My monthly mortgage, all paid in cash since I have no or little CPF, is about 2k. Each year, based on the monthly mortgage payment of 2k, I would have paid a sum of $24k (2k per month x 12 months). Me and my wife had saved up $24k and I was wondering if it's good to make a partial repayment of our loans. Since the loan is ......