Don’t Rush To Use Your EPF Account 3 To Pay Off Your House Loan. Here’s Why It Might Not Be Worth It

You’ve probably heard the good news. Back in March, EPF announced a 6.3% dividend for 2024. That’s a solid return, and honestly, not something we see every year.
So it’s no surprise some are thinking, “Hey, maybe I should use that money in Account 3 to pay off my home loan.”

It makes sense at first. Less loan, less stress, right? But according to finance content creator Financial Faiz, that move might actually backfire. Let’s break down why.

https://weirdkaya.com/dont-rush-to-use-your...ot-be-worth-it/

Why?

Interest based on rm100k principal vs dividend on rm1k fund.
I think this country fucuk.

EPF
Emergency Piap Fund

I rather trust my house than trust EPF

According to sunset orange lel

EPF guarantee can give above 6% every year?

55 yrs old only can use ah.. haha

if countinue raise age of retirement also no use,,,no trust liao

Account 3 kan ada… account 2 can use by 50yo

B40 Malaysians : sudah guna, sudah habis loh....sikalang baru cakap ah?

I always emptied out my akaun 3..yolo

Sunkist oren datang lagi

Haha
Janji jangan mati pucuk sebelum boleh guna

shilling for views again?

Sunset orange guy, 50/50 la.

His beemer also demo/media test unit. Lol.

Huh? Got ppl use account 3 to pay house loan?

Those who use account 3 is b40. And b40 will use account 3 to buy phones, gadgets and etc, anything except paying for house loan. Else they wouldnt be b40 if they are smart enough to pay house loan

Housvyield can give above 3% every year?

Maybe should withdraw and buy sunset orange colored beemer.

You sure can live till 55?

Only useful when u start to have at least 800,000 . Dividend 50k per year, take out 40,000 and keep saving until 1 million

mortgage interest 4.0%++ vs epf 5.0%++(busuk busuk oso) tu sebab gua, but no doubt the feeling of having less debt is byk syok geh

If I use it to pay off home loan, how am I suppose to buy that BMW my ex girlfriend nag about with just B40 salary?

This post has been edited by samftrmd: May 4 2025, 11:45 AM

Buy media preview BMW like Sunset Orange, some puak worshipped him he invited mathematics.

Good advice from Sunset orange

Live until 55 more likely than get 3% yield every from house.

Where's another round of 10k EPF withdrawal?

I want to withdraw pleasee

EPF by far always performed better than housing loan interest.

If you have the capability to pay the housing loan with your monthly income, you should not withdraw from EPF to pay housing loan. That option is only for those that no capability then last resort.

As the article indicates, if you like losing opportunity then yes please do … “Why wants 1Billion if I can have 10Million” logic …

The agenda that EPF has no money and already bankrupt rumor spread unfortunately by the now gov DAP in the past to spread rumor to disrupt the then BN government, since 2018, DAP never really debunk whether EPF is indeed bankrupt and no money after they took over … however such info been deep hardcoded in today voter generations …

Some people rather trust the bank with 4.2% than getting 5-6% from EPF cause worry EPF bankrupt, not knowing EPF major shareholders of most of major banks in Malaysia …

These

Lol. Everyone who comment EPF suck and so on does not even think that bank are the one benefiting from EPF

I just noticed that they already activated the account transfer option (from 2 & 3 to 1) in the EPF app. Possible that reduced dividend in acc 2 & 3 incoming?

It depends on the individual

Not everything needs to view it from the monetary perspective.
If having less loan less stress resulting to a better daily life, it might be a good idea to use epf

I see it from perspective that certain loan/debts are good.

Jobless people cannot get credit card and mortgage or any loan. That is a stressful life.

If you have loan/mortgage/CC, is actually good.

So really no reason why having loan/mortgage making people stress …

It will only be stressed if you cant pay the debt …

Like you use CC, statement out due date is in 20 days. Pay early has no extra credits, bank wont improve your rating or give you voucher etc. But dont pay late, best practice is pay ON TIME, not early or late.

Malaysia education does not teach Finance and Money management, all education coming from parents (some parents live in ancient finance era and educating wrong info to children … dont get into debt dont owe people money … keep feeding children failure knowledge … )

Modern finance is all about debt and how to manage and optimize debt as opportunities …

That is why LGE managed the country finance so poorly in 2018 and eventually to his demise cause he practiced 70s finance (cut spending/ reduce debts/ stop development ) which outdated in modern financial system …

got /k/tard say malaysian's average lifespan is until 73 years old and it's VERY REAL

Stop reading at weirdkaya… bye

can recommend noob level epf compounding calculator website?

Your house is much more likely to blow up or suffer some damage than EPF collapsing.

Kalau I tak silap.. account 3 tak dapat dividend pun.. correct or wrong?

wrong, it gives dividend.

You memang silap.

In the epf app/website also got. There is also a lot of free apps available for this.

If website, I like to use bankrate.com

Ayam closing in

My account 3 also emptied
Lost hope for Msia already.

Guna je la weh.. The way I see it.. Ajal semakin dekat lol

Account 3 YOLO every end of the year to top up S&P500 or DBS

🤤

Emergency Pucheong Fund

im going to all in EPF till I retire.

If need to use acc 3 for house deposit..maybe

For house loan? That means you can't afford it

buy a cheaper house la. less loan less headache

because sunset orren says so

The dude that flaunt his fake patek and media car?

the one and only

haiya u guys still trust epf will bankrupt? listen from those aunties and uncles back in the 2000s. come on. if epf really bankrupt means Malaysia will be in trouble. 1 trillion asset nie.


owai...


Personally i trust EPF. i got heck of amount inside.

Me too scared later the fanatic win erection then they’d sapu the nons epf and give it to their own kind

The wise will emptied Acc3 to buy nothing but crypto. Period 💪

Rent home only

This post has been edited by jojolicia: May 4 2025, 05:38 PM

If they can take money from EPF, what's stopping them from changing the owner in the land title?

Why