HDB REsales price

[13177]

Of course must think of less fortunate one.... I won't recommends they clear the loan speed like some of us they shld pay at their comfort zone ...

 

But then of course these pple need to zi tong ... Dun have big head dun wear big head and go commit to expensive home be it new or resales

Paying at comfort zone is the key word, no matter what loan.

[BlueOldMan]

why i dun clear coz in case touch wood, the loan is cleared itself by hps

 

cpf $ wife can take,housing is hers

 

if cleared all, nothing to take,loan finished..

 

Gosh, u made sense leh bro ... My fil met an accident n wife is house wife

His flat totally free of loan Liao

 

But but can I ask, if bank loan, got this scheme??

[Jman888]

like that might as well go back the $1 million resale hudc [laugh]

 

why i dun clear coz in case touch wood, the loan is cleared itself by hps

 

cpf $ wife can take,housing is hers

 

if cleared all, nothing to take,loan finished..

 

[Animian]

Gosh, u made sense leh bro ... My fil met an accident n wife is house wife

His flat totally free of loan Liao

 

But but can I ask, if bank loan, got this scheme??

 

Hps is insurance ... Bank loan also need insurance

[BlueOldMan]

Really

 

Ya, only till I saw the "teenager" thread then I saw those old birds with >10000 posts like <20s

I was like gosh, they toking like they ate salt more than I ate rice

 

But then to ladies, mcf got a NPNT under table rule leh

[Enye]

300k loan financed by CPF OA in 10-15 years is ok.

 

still have time to accumulate $$ in OA after loan,

 

not forgetting SA is always accumulating without any outflow

 

but the trouble is nowadays, new flats are 400K -600K?

 

btw i don't believe in using cash for HDB. I have better uses for cash

 

[Freestylers09]

lol

 

aiya if u clear first next time also return interest to cpf

 

since ur cpf have this amount to deduct,whats there to bother

 

might as well go for best options available

 

for bank loan not sure also,need see got such scheme,i tink have iirc

 

1million hudc hard to coz my cpf cannot accumulate such amount lol

[Animian]

300k loan financed by CPF OA in 10-15 years is ok.

 

still have time to accumulate $$ in OA after loan,

 

not forgetting SA is always accumulating without any outflow

 

but the trouble is nowadays, new flats are 400K -600K?

 

btw i don't believe in using cash for HDB. I have better uses for cash

 

 

Diff pple has diff way of managing finance ... Whichever works for you by all means

 

Yah damn exp now ... Even for public housing .. Thanks goodness we bought ours early haha

[Animian]

Ya, only till I saw the "teenager" thread then I saw those old birds with >10000 posts like <20s

I was like gosh, they toking like they ate salt more than I ate rice

 

But then to ladies, mcf got a NPNT under table rule leh

Teenage thread :0 all they only paper warrior lah Lolz

[Somewhat1975]

haha no la...its 2.6%. means u loan 2.6% to buy shares.

 

where else can you get a loan to buy share at 2.6% p.a with no repayment schedule ?

 

 

[Joseph22]

lol

 

aiya if u clear first next time also return interest to cpf

 

since ur cpf have this amount to deduct,whats there to bother

 

might as well go for best options available

 

for bank loan not sure also,need see got such scheme,i tink have iirc

 

1million hudc hard to coz my cpf cannot accumulate such amount lol

yeah. that is why i also just stretch the payment. only when i have the money to buy second property then i will go and do clearance.

[Enye]

yeah. that is why i also just stretch the payment. only when i have the money to buy second property then i will go and do clearance.

 

clear the loan

 

can save on insurance and interest payments

 

owe your own CPF account better than pay extra interest on the HDB

 

every cent counts you know

 

[BlueOldMan]

Teenage thread :0 all they only paper warrior lah Lolz

 

Then u miss the NPNT rule huh

[Joseph22]

clear the loan

 

can save on insurance and interest payments

 

owe your own CPF account better than pay extra interest on the HDB

 

every cent counts you know

 

insurance also pay by CPF.

 

if say touch wood, you pass away then wife and kids get the house for free.

 

do note that if you pay off all. in 10 years after you pay the CPF. you own CPF 30% of your loan amount meaning your house if you sell better be 30% more expensive then when you take the loan

Edited August 6, 2013 by Joseph22

[Animian]

Then u miss the NPNT rule huh

 

Under table means optional Lolz

Beside I think guys provide more interesting pictures as well as all those bouncing avatar

No need female to provide to talk Liao Lolz

 

I notice a typical trend here ... All Saving for 2nd property Before clearing existing loan with CPF Lolz

[Kangadrool]

do note that if you pay off all. in 10 years after you pay the CPF. you own CPF 30% of your loan amount meaning your house if you self better be 30% more expensive then when you take the loan

 

I know understand leh? Your england comfusing leh.

[BlueOldMan]

Under table means optional Lolz

Beside I think guys provide more interesting pictures as well as all those bouncing avatar

No need female to provide to talk Liao Lolz

 

I notice a typical trend here ... All Saving for 2nd property Before clearing existing loan with CPF Lolz

 

Better save your photo then since it's gonna be dinner time

 

For me, I cleared first then try not to get a loan whenever possible

To ea his own, everyone got their own planning

[Joseph22]

I know understand leh? Your england comfusing leh.

i am ah huat remember.

 

my english is really lousy one.

 

actually simply lah.

 

say we have to pay CPF for every dollar we take out.

 

say you take 100K full cpf to buy a flat in full. (figure is subjective.)

 

guess what is the amount of money money you own them after 10 years??

 

for easy calculation we take it as 2.5% every year off 100K. and we dont count interested upon interested. will at least be around 125K liao. minimum.

 

so your flat when you sell.. make sure its more than 125K. if not after selling say for 110K. you still own CPF 15K although you make a earning of 10K.

 

now imagine you sell your house after 20 years?? the income you owned is at least 150K (actual figure should be nearer to 200K).

 

look small right? but out flat are around 300K to 450K. meaing you could be owning the CPF easily more than that.

Edited August 6, 2013 by Joseph22