Progressive Payment Calculator
  Purchase Price ($)  
  Loan Tenure (Years) Minimum 5 yrs, Maximum 30 yrs
  Annual Interest Rates    
  1st year  
  2nd year  
  3rd year
  4th year
     
 
Loan Amount (based on 80% LTV)
 
Estimated Drawdown Month Percentage drawdown of purchase price Description Monthly Estimated Payment
1 10% Completion of foundation work
7 10% Completion of reinforced concrete framework of unit
11 5% Completion of partition walls of unit
15 5% Completion of roofing/ceiling of unit
19 5% Completion of door frames, window frames, electrical wiring etc
24 5% Completion of car park, roads and drains serving the housing project
30 25% Temporary Occupation Permit or Certificate of Statutory Completion
42 15% On completion date
       
   
TERMS OF USE  
The computation above is for indicative purposes only and is not an offer of credit facilities. 
Cash downpayment assumed there is no difference between purchase price and valuation. 
Credit facilities are granted at the discretion of the Bank.  
MoneyIQ.sg accepts no liability for errors or omissions, nor for any loss arising from use of 
or reliance on the calculation herein.   
The maximum loan amount is subjected to prevailing regulatory requirements and the bank.