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Hi Andrew, it depends on the terms of loan you've with the banker. Most likely in your case, you'll get the excess loan in cash $$$.

A word of caution though, please do plan for the financing of your loan (CPF contribution) as the bank interest rate tends to increase after the 3-5yrs lock-in period.
I'm sure you do not want to top up cash monthly for your loan repayment.

I would suggest that you call your banker for a better understanding.
I hope this helps, regards Paul Read More