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Calculators to help you with retirement, housing, healthcare and other CPF-related matters.
Aug 11, 2023 · Your CPF savings also lets you enjoy the power of compound interest. By earning up to 6% p.a. ( if you are above age 55) or 5% p.a. (if you are below age 55)*, your CPF savings can multiply over time and provide support for your housing, healthcare, and retirement requirements.
Estimate the total interest payable on a housing loan based on the loan amount and loan repayment period.
Feb 13, 2021 · Use this compound interest rate calculator to marvel at the power of compounding. ( Caution: as computing these figures can be complicated depending on what functions you use, results should only be taken as estimates.
Jan 1, 2024 · According to the CPF website, CPF interest is credited to our accounts by 1 January of the following year and compounded annually. For example, for my 2023 CPF interest, I was credited with the interest on 31 December 2023. How Our CPF Balance Are Calculated. While interest is paid once a year during year-end, our CPF interest is computed monthly.
Jun 14, 2021 · You can also check out the CPF Withdrawals Limits Calculator to understand how much CPF funds you can use to pay for your home as well as the Total Interest Calculator to estimate the total interest you will eventually pay on your home loan.
Sep 17, 2021 · CPF interest rates apply to every employed Singaporean or PR citizen, whether they are salaried or self-employed. It’s important to know how your CPF interest rates are calculated because after over 30 - 40 years of contributing, your CPF balance would compound into quite a tidy nest egg.
Feb 27, 2024 · These CPF calculators do the job for you. CPF Contribution Calculator (for Singapore Citizens and PRs in their 1st, 2nd, or 3rd year and onwards)— Check how much your CPF contributions are supposed to be. CPF Contribution Allocation Calculator —Check how your CPF contributions are split between your Ordinary, Special and MediSave accounts.
Jan 5, 2022 · How the CPF interest rates are calculated and when they’re credited do affect when you should make CPF cash top-ups, transfers, and top-ups using the Retirement Sum Topping-Up (RSTU) Scheme. So, how do you maximise your returns?
CPF interest rates. (1 July 2024 to 30 September 2024) Overview. Interest on your CPF savings. To help boost retirement savings, the Government pays extra interest on the first $60,000 of your combined balances, which is capped at $20,000 for Ordinary Account (OA).
