Progressive Payment Calculator
Calculate your progressive payment schedule for new launch properties in Singapore (BTO, EC, new condominiums). See how your payments are spread across construction stages, from initial booking to completion.
Features:
- Stage-by-Stage Breakdown: See payments for each construction milestone (Foundation, Framework, TOP, etc.)
- Interest-Only Period: Calculate monthly interest payments during construction
- Timeline Visualization: Interactive chart showing payment progression over time
- Final Payment Calculation: See your full monthly payment after completion
- Stamp Duty Included: Automatic BSD calculation for accurate initial payment
Minimum 25% for properties in Singapore
Temporary Occupation Permit (typically 24-36 months)
Certificate of Statutory Completion (typically 12 months after TOP)
About Progressive Payment
Progressive payment is the standard payment scheme for new launch properties (BTO, EC, new condominiums) in Singapore. Instead of paying the full amount upfront, you pay in stages as construction progresses.
Key Benefits:
- Lower Initial Burden: Start with interest-only payments during construction
- Interest Savings: Only pay interest on the disbursed loan amount
- Cash Flow Planning: Spread payments over 3-4 years during construction
- CPF Usage: Can use CPF for down payment and monthly payments
Disclaimer: This calculator provides estimates for progressive payment schedules. Actual payment stages and amounts may vary based on your developer's payment schedule and loan terms. Please consult with your bank and property agent for accurate figures.