CPF Rules and Early Repayment
When you own an HDB flat, it is important to understand how the CPF rules affect your ability to make housing loan repayments once you turn 55. Upon reaching that age, you will need to balance both your retirement and housing needs using your CPF savings.
Familiarise yourself with the following terms to help you plan ahead and prepare.
- CPF Retirement Account
- Using CPF to repay housing loans after you are 55
- CPF contribution rates after you are 35
- Early repayment of your HDB loan
Early repayment of your HDB loan
To reduce your financial commitments, you can also use your CPF Ordinary Account savings to make partial or full redemption of your outstanding housing loan before you reach 55. However, the CPF Withdrawal Housing Limits may apply.