ston, i used the CPF 'calculator' to calculate. mine is 228k but we alrdy paid 5% by CPF. i chose the 30yrs one but aft adding interest, it said 785 per mth.. is those online calculator thingy accurate?Mine is a BTO unit. 4 rm, top floor, 200k. We took 25yr loan, $500 per month. We intend to pay off lump sum once we can (cos you can always shorten the loan but it's hard to lengthen the loan in times of need).
My installment is 100% by CPF. No cash top up. We planned it this way so that in case one of us is jobless (like now, I'm not working), then the other's CPF can 100% cover the installment without any worries.
I prefer to keep my cash in investments that offer better returns
ston, i used the CPF 'calculator' to calculate. mine is 228k but we alrdy paid 5% by CPF. i chose the 30yrs one but after adding interest, it said 785 per month.. is those online calculator thingy accurate?