No, you cannot use your Special Account savings to pay your housing loan, as these funds are specifically reserved for retirement purposes.
You can only use your Ordinary Account savings for housing-related payments including:
- Down payments
- Monthly instalments
- Legal fees
If you need assistance with your housing loan:
For HDB loan: You can approach HDB on the financial assistance measures that would work best for your situation.
For bank loan: You can approach your financier on the financial options that are available to you.
