Hi all

My bto is coming. Been pondering whether it is better to transfer cpf ordinary account to special account for its 4-5% interest or wipeout to get a lower loan.

Anyone done an analysis before? I tried to do it but seems to be about the same, maybe somewhere is wrong, alot of factors to consider. =x

My loan if wipeout would be ~240k. if transfer to special account ~280k.

Any advice is appreciated

Thanks alot!

Hi Ruilin

i have a friend who helped me do a calculation and adviced me to put inside a low risk cpf investment so that its nt wiped out. im withdrawing them out to pay my mthly housing instalments now i think its a great idea. 

if u need i can pm you her contact