BREAKING. HDB LOAN REPAYMENT EXTENDED TO 65 YEARS OLD

[occifer]

This isnt good.
Cost of living increase.
Government can milk u more...

Sent from me using GAGT

 

[muddywaters]

It used to be live within your means...

These days it should be live below your means.

 

[harky]

ah.. faster pay finish better..

it a debt

 

[Xwzlol]

65 years old suppose debt free and enjoy retirement

 

[muddywaters]

Funny right
For those can’t get from govt is understanding but those that choose to go bank because interest lower cannot blame anyone what
They save never see
No money to pay banks end up is govt prob
Just don’t let their prob be taxpayer prob

Support measures doesn't mean got discount on loans.

It simply means defer repayment and roll interests....debt now snowballs and take longer to pay back. Lol

I can sleep well tonight...

 

[fandango]

Read the news article please

 

[toolbox03]

is not interest free hor.

Deferred Interest is not low

 

[Roundtreex]

siao liao...
it means HDB prices will be skyrocketing upwards again...

If u still dont buy your HDB now.. u will be paying condo prices soon

Exactly! Paging jacky75 immediately!!

 

[jericho75]

Yeah correct. Currently taking up a housing loan they want to see you got spare $$$$$

i heard many ppl kenna recently leh. dunno how truth. but if you got money why still need to loan?

 

[Roundtreex]

Got lah. But many ppl think sure earn must buy best location. Even when their parents not staying nearby

Jacky75 what is your recommendation? rofl

 

[jericho75]

Exactly! Paging jacky75 immediately!!

paging yap chai por now.

 

[toolbox03]

boh bian. some ppl hdb also paying 1.8 k monthly. one person no job means impossible to pay unless he got 400k savings to tank.

1.8k for hdb

 

[jericho75]

Funny right
For those can’t get from govt is understanding but those that choose to go bank because interest lower cannot blame anyone what
They save never see
No money to pay banks end up is govt prob
Just don’t let their prob be taxpayer prob

see pap can bail out everyone for how long? wanna earn money then got problems become tax payer problem?

 

[zuoom]

Basically till retirement.

 

[jericho75]

Jacky75 what is your recommendation? rofl

must ask yishun yap chai por for solution now.

 

[walterwu]

But payment using CPF is still until 55 years old right?

Depends when you took out the loan the the law regarding CPF usage at the time of the loan.

Don't listen to CPF, they likely to get the law wrong.

 

[jericho75]

1.8k for hdb

loan 400k plus is possible to hit 1.8k.

 

[Roundtreex]

loan 400k plus is possible to hit 1.8k.

Always go opposite of YOU!!

 

[jericho75]

Always go opposite of YOU!!

must follow ah yap to get the best deal in town.

 

[muddywaters]

Frankly, no sympathy for people who can't cope with housing loan.

It's really self inflicted problem.