As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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Thursday, 22 December 2016

Turning 55 - and enjoying financial freedom (4)

Read? Turning 55 - and enjoying financial freedom (3)

On CPF Housing Loan

Before turning 55 ...

The System will show us this ...

There is net amount used (Principal amount) and accrued interest; then this form is applicable.

Sometime after 55, the System will show us this when we meet FRS ...

Housing loan and accrued interests are cancelled by the System. 

Once this has been cancelled; the System cannot process any refund request.

1 comment:

  1. If you still have outstanding mortgage loan, the Net Amount Used and Accrued Interest will still show despite you're >55 years old.


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