I've a happy problem now. I'm expected to get my keys by end this year. I was deliberating on the options to settle the loans - whether to pay off as much cash as we have, to minimise the loan we have. By some stroke of luck, our parents are extending their money to us...with interest of course, but slightly lesser than HDB loan of 2.6%. Works for us since the interest we pay them is better than what the banks give. With this loan, plus wiping out our CPF (leaving $20k behind), we can actually pay the remaining with our savings at point of key collection. This is our scenario, amounts adjusted for simplicity: Remaining to pay after downpayment $550,000 Parents loan $200,000 CPF OA $100,000 Remaining balance (to pay using cash?) $250,000 And, I'd have paid off my HDB at point of key collection (though effectively, we still owe our parents money with interest). Use Cash, Grow CPF Our idea is to use as much cash where possible. First, the interest g