For those on HDB loan - what will you do if HDB loan interest increased from 2.6% to 3% or 3+%?

HDB loan interest rate has been 2.6% since 1999 to now. I thought it was interesting that as part of the cooling measures - to discourage ppl from taking up large loans/buying a house beyond their means, HDB uses an interest rate floor of 3% when computing eligible loan amount (even as HDB interest rate remains at 2.6%) - Source: https://www.hdb.gov.sg/cs/infoweb/about-us/news...

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Should HDB loan interest increase to 3%/3+% how do you plan to respond?

• Compute the additional interest needed to come up with/additional duration you need and continue w HDB loan / consider bank loan?
• Reduce loan amount (lump sum) - i.e. opt to pay off part or full loan to reduce interest payable?
• Increase mthly loan repayment amount - to reduce interest payable?

OR share if you have other ideas?

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Quote:

The Housing Board obtains its mortgage loan funding from the Government at the Central Provident Fund (CPF) Ordinary Account (OA) interest rate. The interest rate for HDB's concessionary loan is pegged at 0.1 per cent above the prevailing CPF interest rate to cover HDB's cost of loan administration.

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On the other hand, the interest rates of commercial home loan packages are determined by financial institutions based on their respective business strategies, market conditions and commercial decisions. Thus, these rates are more susceptible to market fluctuations.

(Source: Straits Time Forum reply from HDB: https://www.straitstimes.com/forum/forum-hdb-lo...)