Banky team Reviewed editorial answerTop-up financing is often an increase or restructuring of existing financing, and the new loan is a separate facility.
Key points
Compare the total cost and term.
A lower monthly payment may mean a higher cost.
Editor-in-Chief Mohamed Salah
What is the difference between a new loan and a top-up loan?
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Banky team 2 months ago Banky team Reviewed editorial answerDiscussion
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