(Video)Shocked that you cannot use your CPF for housing loan anymore?
By Wilfred Ling, The IFA on Duty  •  March 25, 2014
(Video)Shocked that you cannot use your CPF for housing loan anymore? PDF Print E-mail
Written by Wilfred Ling    Tuesday, 25 March 2014

Many HDB owners struggle with their mortgage installments. They had initially thought they can use all their CPF for their installments. The good news is that you can solve this problem.

Most people assume all their CPF monthly contributions to their ordinary accounts can be used to service the monthly housing payment. But they don’t realise that there is a limit as to how much they can use despite having more than sufficient balances in their ordinary account. Check out this video to find out more.

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By Wilfred Ling, The IFA on Duty
Wilfred Ling is a Chartered Financial Consultant with Promiseland Independent Pte Ltd. He is a fee-based financial planner by profession.
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