The CPF Valuation Limit (VL) Letter
Before you reach your VL limit, CPF will send a letter at least three months before you reach your VL limit.
Don’t ignore it!
That letter comes with one VERY important message:
You won’t be able to use your OA to service your mortgage UNLESS you set aside HALF the cash component of the Minimum Sum Scheme (MS), which is $74,000 (MS is $148,000) currently.If you already have the MS set aside, you can take advantage of the AHWL. If not, you’ll need to start paying your mortgage repayments with cash until you do. Full story