Couple chose to service loan using cash
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Mrs. J.S. Yee's proudest achievement is that her family is able to pay for the mortgage instalments entirely with cash.
PHOTO: ST FILE
Is it tough to service your mortgage entirely with cash? Not when you know why you are doing so and that you have planned for it.
Like many property owners, when Mrs J.S. Yee and her husband bought a two-bedroom apartment in Marine Parade about 10 years ago, they used their Central Provident Fund to pay the bulk of the 20 per cent down payment.