Asked by Zulu
I am planning to purchase a 2nd property. My first one is a HDB which I have rented out & I am serving the HDB loan via CPF. My CPF contribution is approx $1500. I am paying $300 monthly for the HDB loan.
The monthly loan for the second property is $2000. Will I be able to pay the second property ($2000 monthly)on a monthly basis by using $1000 from CPF and $1000 by cash? I had $55K in my OA and SA account that meets the $53K amount.
The monthly loan for the second property is $2000. Will I be able to pay the second property ($2000 monthly)on a monthly basis by using $1000 from CPF and $1000 by cash? I had $55K in my OA and SA account that meets the $53K amount.
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