Friday, April 13, 2018

Use of CPF for lease of at least 30 years

CPF allows its savings to be used to pay a mortage of at least 30 years. But it is extremely complicated.

I tried it and got a negative response. I am not able to see the actual rules. I can only try with the calculator.

Yes, this type of convoluted arrangement is the hallmark of Lee HL. No wonder few people knew about this rule (including me). It was supposed to have been around for 5 year!

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