Should I take maximum loan tenure, or shorter loan tenure?

Here are a few key points to consider:
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1. Shorter tenure vs longer tenure: With the 20-year tenure, you'll have higher monthly payments of $2,482 compared to $2,106 for the 25-year tenure. But, the total interest paid over the loan term is lower for the 20-year tenure ($131,525) compared to the 25-year tenure ($167,428).
2. Selling after MOP (typically 5 years): If you sell the property after the 5-year MOP period, you would not have to pay back the full interest payment. You would only need to pay back the remaining principal balance and any accrued interest up to the point of sale. This means the longer 25-year tenure could be beneficial, as it would result in lower monthly payments, allowing you to invest or save the difference.
3. Investing the difference: If you can consistently invest the difference between the 25-year and 20-year monthly payments (around $376) and achieve a return higher than 2.6% (the HDB loan rate), then the longer 25-year tenure could be more advantageous. Considering your plan to sell after the MOP period and your ability to invest the difference in monthly payments, the 25-year loan tenure may be the better option. This would give you lower monthly payments and the opportunity to potentially grow your investments at a higher rate than the loan interest.

If want to sell then max out loan, hold more cash and OA for accumulation during the 5 years MOP.