Originally Posted by
Sandiwara
Since we are on 55 Years old Subject.
I have question for all
The situation is for PR. By the time He reach 55 years old having below situation
CPF Total ---- OA ---- SA ---- MS
706k ---- 313k ---- 342k ---- 48.5k
Condo Mortgage Balance = 430k
The question is do you use CPF OA to pay the Mortgage to reduce the loan
CPF OA interests higher than mortgage interests right?
Pay down also risky cos it leaves him very little reaction time in case of emergencies need to sell.
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.