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Quick question about Life insurance loan

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garlic

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Hi, would like to ask whether taking a loan against the cash value of my life insurance affect the TDSR when i want to apply for a housing loan?
 
garlic said:
Hi, would like to ask whether taking a loan against the cash value of my life insurance affect the TDSR when i want to apply for a housing loan?
Click to expand...


No it will not.

The outstanding debts that the TDSR will take into account include only credit card, personal loan, car loan, student debt.
 
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