Why is there a refund of payment made to HDB or the bank for my housing loan instalment every month?

Updated by CPF 6mo ago

Your CPF monthly deduction for your housing loan could be more than your required monthly instalment.

We encourage you to update your housing monthly deduction amount to avoid overpaying on your monthly instalment and ensure your CPF savings continue earning interest.

This information is sourced from CPF.

Topics:

Home Ownership Housing Scheme

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