There are many misconceptions around the use of CPF for deposits and mortgage payments. In this article we will explain why many arguments against using CPF for mortgage are incomplete, what is CPF accrued interest and why the accrued interest is a happy problem to have. Why many property investors give a one-sided argument on the CPF mortgage payment debate
The answer is simple - for property investment returns to look better, property investors want to show a larger cash profit from their investments. They cannot do so if they had funded the purchase largely by CPF.
Funding your property purchase using cash or a mixture of CPF and cash will have an impact on how much cash you receive when you sell your property. All of the property sales proceeds first have to be used for: Paying back any existing bank/HDB loan;Paying back your own CPF after you...