If I had bought two private properties, which property will my CPF savings be used to service the monthly instalment first?
There is no specific order of deduction on which property will be paid first. We will deduct the amount from your Ordinary Account to pay the monthly instalments as requested by you. It is important to ensure that you have enough savings in your CPF account to cover the monthly instalment deductions.
This information is sourced from CPF
Related questions
What is the priority of the Home Protection Scheme deduction if I am also using my CPF savings to pay my monthly housing instalments?
Can the Board automatically deduct the monthly instalment shortfall for my property from my co-owner's CPF account?
I do not have enough funds in my CPF Ordinary Accounts (OA) for my housing instalment payment because my CPF contributions are credited after the instalment deduction date. What should I do?
How much CPF savings can I use for my property purchase?
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