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hi, i have some cash in my cpf, should i wipe out my cpf to reduce my bank loan or apply maximum loan from Bank? Some of the banker advise me to keep my cpf as i earn more interest in cpf account and can keep for a rainy days. what do you think?
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1 Answer

At today's rates, CPF is definitely paying higher interest than the interest you are paying to the bank, therefore dollar for dollar, it makes sense. Nevertheless, if you are someone who prefers to keep your leverage level low, then perhaps you can wipe off your CPF and take a lower loan amount.

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