So after finishing the first upfront payment for your HDB flat
and you take up the HDB loan using CPF, after work a few years you
would have some more CPF inside. So in order to prevent paying too
much interest to HDB, what is you all recommendation to pay up a
lump sum again to them so as to re-calculate the loan and hence
reduce the amount we owe HDB.
Would a five year span be recommended or after 3 years can go make
a lump sum payment. Do HDB impose the number of times a HDB tenant
can make a lump sum payment? And once the loan is reduced the
re-calculation will also reduce the say pay 25 years to pay 20
years?
TIA