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I currently owned an EA and serving a loan with HDB. I intend to purchase a EC. Based on the new ruling, I can only get a 60% loan from banks. I will sell off my EA once the new EC TOP.

I know that I need to pay 5% in cash and 10% in CPF for downpayment, with balance of 60% via bank loans. How about the other 25%? When do I need to pay? When do I commence my monthly instalment for the new EC?
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