Asked by clueless
Hi Guru,
I have about 184k outstanding housing loan with hdb (only property). I'm planning to fully pay up this loan with what's balance in my cpf OA account (wife and me combine = $138k) and $46k in cash. The above is calculated without taking into account the minimum sum rule. I hope I'm not subjected by it. Thereafter, I plan to use what's remaining in cash (about $100k) to invest is a 2br room condo.Do you think this is feasible? I'm 41 this year and monthly income about 9k
I have about 184k outstanding housing loan with hdb (only property). I'm planning to fully pay up this loan with what's balance in my cpf OA account (wife and me combine = $138k) and $46k in cash. The above is calculated without taking into account the minimum sum rule. I hope I'm not subjected by it. Thereafter, I plan to use what's remaining in cash (about $100k) to invest is a 2br room condo.Do you think this is feasible? I'm 41 this year and monthly income about 9k
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