Before using your EPF money for a home loan down payment, you should consider the pros and cons of this decision. Let us look at the pros first:\r\rEasy availability: The EPF money is your own money that is easily available for you to use at any time (subject to eligibility criteria) for specified purposes. You don’t need to pay any interest to use this money. You don’t even need to return this money.\r\rQuickly bridges the gap if the requirement is small: There can be a situation wherein you have already accumulated a significant portion of the required money, and the shortfall is a small amount. In such a case, you can rely on your EPF balance to bridge the small gap.