Club FTWM

[Tokidoki]

micollh:

but if we use cpf to pay for his school fees, he has to pay us back with interest, my col told me this, tt's why he did not want to use CPF cos it become compulsary as CPF board will chase him to pay..

oh, i din think abt the interest. i think if go local uni, can get loan from OCBC which is interest free. upon graduation, then need to pay up 1 lump sum. that could be an option too. put the insurance $ into FD first. :evil:

[micollh]

Tokidoki:

my case is all pay from CPF, no need to top up with cash. mthly paying $500+ combined and amt in OA can get the extra 1% interest. so should i clear or hold on? :scratchhead:

i think in that case u r earning 3.5% pa for ur OA. unless both ur combine once clear can settle the amount else let it roll.. if u dun intend to top up with cash. cos my strategy is to top up with cash cos cash put in bank also cant earn 2.6% pa. so might as well dump into the house kinda logic.

[MintyMin]

tigger88:

MintyMin:

[quote=\"tigger88\"]
I also dun like having a bathtub in the bathroom. Washing it can be a chore and kids will want to play water inside often.

My previous place was a 5rm flat. Got 4bedrooms. We hacked 2 rooms to be a huge master bedroom. Missed my old room as I had a walkin wardrobe inside. Now, I have to put all my clothes in 3 separate rooms as the cupboards are just too small!

Oh! Ur prev 5rm flat not big? U hacked 2 rooms into 1.. hmm..
I m tinking of getting 5rm flat now.. since girls 1 rm, boy 1 rm, 1 study rm.. juz nice..

My previous 5rm was quite ok, 122sqm. I hacked 2 rooms into one as I wanted a bigged masterbedroom so that I can build a wardrobe inside.[/quote]
M staying in EA.. If m not wrong is 144sqm.. Big with lots of room space compare to my 1st 4rm flat, only 86sqm..

[Tokidoki]

micollh:

Tokidoki:

my case is all pay from CPF, no need to top up with cash. mthly paying $500+ combined and amt in OA can get the extra 1% interest. so should i clear or hold on? :scratchhead:

i think in that case u r earning 3.5% pa for ur OA. unless both ur combine once clear can settle the amount else let it roll.. if u dun intend to top up with cash. cos my strategy is to top up with cash cos cash put in bank also cant earn 2.6% pa. so might as well dump into the house kinda logic.

ur strategy make sense! interest in bank now is so pathetic!

3.5% pa...hmm...then maybe can hold back paying.

[Kissgurami]

Tokidoki:

he is boy leh, so we must give dowry to the gal family?

flat & banquet so exp, by his time he may really need our help.

Wooo, then DDs can sit back and relax le

[MintyMin]

micollh:

Tokidoki:

my case is all pay from CPF, no need to top up with cash. mthly paying $500+ combined and amt in OA can get the extra 1% interest. so should i clear or hold on? :scratchhead:

i think in that case u r earning 3.5% pa for ur OA. unless both ur combine once clear can settle the amount else let it roll.. if u dun intend to top up with cash. cos my strategy is to top up with cash cos cash put in bank also cant earn 2.6% pa. so might as well dump into the house kinda logic.

I agree w wat u say micollh.. tatz the plan btw DH and me now.. the focus is to clear away all the hdb loan.. n not only tat.. now is to downgrade..

[Tokidoki]

tigger88:

My previous place was a 5rm flat. Got 4bedrooms. We hacked 2 rooms to be a huge master bedroom. Missed my old room as I had a walkin wardrobe inside. Now, I have to put all my clothes in 3 separate rooms as the cupboards are just too small!

wow, how come ur 5rm flat got 4 bdrms?

we also combined 2 bdrm as 1 master bdrm. remaining bdrm taken up by hb. my DS dun have a room for himself now. so my ideal hse need to have at least 4 bdrms.

[Tokidoki]

Kissgurami:

Wooo, then DDs can sit back and relax le

yah, you can sit bk and relax! 2 sets of $ to collect.

[micollh]

Tokidoki:

micollh:

but if we use cpf to pay for his school fees, he has to pay us back with interest, my col told me this, tt's why he did not want to use CPF cos it become compulsary as CPF board will chase him to pay..

oh, i din think abt the interest. i think if go local uni, can get loan from OCBC which is interest free. upon graduation, then need to pay up 1 lump sum. that could be an option too. put the insurance $ into FD first. :evil:

ohh ic.. OCBC has interest free study loan ? tt's good to know

[tigger88]

Tokidoki:

tigger88:

My previous place was a 5rm flat. Got 4bedrooms. We hacked 2 rooms to be a huge master bedroom. Missed my old room as I had a walkin wardrobe inside. Now, I have to put all my clothes in 3 separate rooms as the cupboards are just too small!

wow, how come ur 5rm flat got 4 bdrms?

we also combined 2 bdrm as 1 master bdrm. remaining bdrm taken up by hb. my DS dun have a room for himself now. so my ideal hse need to have at least 4 bdrms.

The old 5rm flat in my previous place have 4 bdrms. One of them is smaller, to be used as a study.