Got this to share and hope it is useful.
1st property and 1st home loan
1st 5% = Cash
Next 15% = Cash or CPF
Remaining 80% = Cash or CPF or Home Loan
Can using all balance in CPF ordinary account (OA).
2nd property and 2nd home loan
1st 10% = Cash
Next 30% = Cash or CPF
Remaining 60% = Cash or CPF or Home Loan
CPF ordinary account (OA) + special account (SA) must keep at least $65,500, then can use the rest. So if SA got $65,500, then you can use all in OA.
2nd property and 1st home loan
1st 5% = Cash
Next 15% = Cash or CPF
Remaining 80% = Cash or CPF or Home Loan
CPF usage – depends.
If you never use CPF in your 1st property, you can use all balance in CPF ordinary account (OA).
If you use CPF in your 1st property, then CPF ordinary account (OA) + special account (SA) must keep at least $65,500, then can use the rest. So if SA got $65,500, then you can use all in OA.
3rd property and 1st home loan
Same as 2nd property and 1st home loan. =)
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