Today’s post if to answer if you need to top up cash to cover your housing loan’s accrued interest should a shortfall occurs.
The answer is, NO.
Illustrations are below

Difference using Cash or CPF to pay Housing Loan?
What to Own during Rate Hikes?
Fine Print of CPF Money Withdrawal
5 Financial Things to do in your 20s
Singapore Finance Minister on Personal Finance Part 2
Repaying CPF Accrued Interest – Why?
Reducing CPF Housing Accrued Interest

1) Accrued Interest ($20k) > Profits from Selling of House ($15k)

  • Profits will ALL be used to cover the accrued interest.
  • Any accrued interest not repaid by the profits will continue to accrued interest ($5k will continue to accumulate interest that will require you to repay some time in the future).
  • You DO NOT NEED to TOP UP CASH to cover the difference ($5k), unless you wish to.
2) Accrued …