Progressive Payment Schedule Calculator

Property Purchase Price Purchase price of property

$

Estimated Interest P.A. current mortage interest rate

%

Loan Tenure Number of years loan for intended mortgage

Years

Nationality For Citizen of Switzerland, USA, Liechstenstein, Iceland and Norway, select field as Singaporean (as they are exempted from foreigner taxes)

Existing Number Of Property Do not include property that you intend to sell within 6 months

Existing Number Of Mortgage Loan Do not include mortgage that you intend to sell within 6 months



Payment Schedule (Downpayment)

% Payable

Amount Payable

Booking Fee (Cash) Cash need when booking the unit

S&P (Cash/CPF) Cash/CPF needed when exercising the option

Buyer Stamp Duty Cash/CPF needed for the Buyer Stamp Fee when exercising the option

Estimated Legal Fee Estimated legal fee.

Additional Buyer Stamp Duty (ABSD) (If any) Cash/CPF needed for the Additional Buyer Stamp Fee when exercising the option

Maximum Loan (LTV %) Maximum Loan Percentage and Amount

 

Total Intial Downpayment and CPF Total Intial Fund Required (OTP 5% + S&P 15% + BSD + ABSD)

 

Progressive Payment Schedule

Estimated Monthly Mortgages

Subsequence Amount Payable

Stage 1: Foundation Completed 10% Payment due (estimate around 12 months)

Stage 2: RC Framework Completed 10% Payment due (estimate around 18 months)

Stage 3: Brickwall Completed 5% Payment due (estimate around 24 months)

Stage 4: Ceiling Completed 5% Payment due (estimate around 27 months)

Stage 5: Door, Window, Electrical, Plastering & Plumbing Completed 5% Payment due (estimate around 30 months)

Stage 6: Carparks & Drain Completed 5% Payment due (estimate around 33 months)

Stage 7: TOP (Possession/Rental) 25% Payment due (estimate around 36 months)

Stage 8: Final Completion 15% Payment due (estimate around 48 months)

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