I was considering to liquidate a portion of it, take advantage of the current low interest rates to put a down payment of 20% for a $1M home. Taking a 30 years loan and a monthly installment of $2,650 seems affordable. I can pay off at least $650 from my CPF OA and use rental income to cover the remaining $2000. Seems perfect right? Well of course the low interest rates environment is not going to remain as it is, according to the data I got from MAS and plotted the graph below.
The rates we are seeing now are at record lows. Should private homes interest rates hover ...
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