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Will my CPF monthly housing loan deductions continue if I stop receiving CPF contributions?
Your CPF monthly housing loan deductions will continue even if you no longer receive CPF contributions, as long as you have sufficient savings in your Ordinary Account (OA).
The deductions will stop only when your OA savings are depleted. When this happens, you will need to make payment directly to your financier or HDB to settle the outstanding instalment, unless you have a standing instruction with them to cover any shortfall from your bank account.
This information is sourced from CPF.
Related questions
How will changes in my CPF contributions affect the CPF savings available for monthly housing loan deductions?
I do not have enough funds in my CPF Ordinary Account for my housing instalment payment because my CPF contributions are credited after the instalment deduction date. What should I do?
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Why is there a refund of payment made to HDB or the bank for my housing loan instalment every month?
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Will I be informed if I do not have enough CPF savings for the monthly housing loan deduction?
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