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Progressive payments calculator

The progressive payment scheme is for properties that are in the process of being built. This scheme refers to payment by installments, with each payment made when a specific milestone of the development is reached. Fill in your details in the calculator below to see your progressive payment breakdown.

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YOUR PROGRESSIVE PAYMENT BREAKDOWN

Loan amount (75%): $750,000

1. Initial payment

$250,000

Total initial
  • Stage 1 (5% Cash)

    $50,000.00

  • Stage 2 (15% Cash/Cpf)

    $150,000.00

  • Stage 3 (5% Cash/Cpf)

    $50,000.00

2. Subsequent payment after each stage

After 6 months

Foundation (10%) 5% cash/CPF (50,000.00) 5% loan for 6 months
$180/mo (6 months)

After 1 year

Unit Concrete Framework (10%)
$540/mo (6 months)

After 1 year 6 months

Brick Walls (5%)
$719/mo (3 months)

After 1 year 9 months

Ceiling/Roofing (5%)
$899/mo (3 months)

After 2 year

Door/Window/Plumbing/Wiring (5%)
$1,079/mo (3 months)

After 2 year 3 months

Carparks/Roads/Drains (5%)
$1,259/mo (3 months)

After 2 year 6 months

TOP (25%)
$2,158/mo (12 months)

After 3 years 6 months

Cert. of Completion (15%)
$2,698/mo (12 months)

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