u/NewKey719

We are in the middle of making a house purchase, and unfortunately due to timing of the sale and purchase we will not able to use the sale proceeds towards the new house.

Our initial thoughts were to invest the sale proceeds (SGD600-800k) in bonds and equities and then pay off part of the loan as soon as we can after the lock-in period.

I want to get some thoughts on (I) paying off part of the loan as soon as we can or (II) keeping the funds for investments (for long term?) since interest rates are low. Any dividends / capital appreciation can then be used to pay off the monthly mortgage.

Let me have your thoughts!