Calculator - Propnex

Project Investment Timeline

BUC Price

Within 2 Weeks

PAY 5%> RECEIVE OTP (CHEQUE / CASHIER'S ORDER-CO)

Confirm law firm details and forward OTP copy to banker and lawfirm

Enter Booking Date

Deposit Amount (5%)

WITHIN 3 WEEKS

Cancellation Penalty (1.25%)

Refundable (3.75%)

Within 2 Weeks

Receive S&P

Confirm law firm details and forward OTP copy to banker and lawfirm. Ensure LO is signed prior to meeting law firm to exercise S&P

3 Days from booking

Exercise S&P

Ensure LO is signed prior to meeting law firm to exercise S&P. Ensure law firm apply CPF usage for stamp duty to IRAS + 15% completion, if applicable.

21 Days from receive S&P

Completion

Pay Stamp Duty (Cheque/CO/CPF)

Ensure law firm apply CPF usage for stamp duty to IRAS + 15% completion, if applicable. Purchaser to pay balance down payment + progressive payment.

14 Days from Exercise S&P

BSD + ABSD, if applicable

BSD - Buyers Stamp Duty

ABSD-Additional Buyers Stamp Duty

More options

COMPLETION OF FOUNDATION WORK

Pay 15% (Cheque/CO/CPF)

Purchaser to pay balance down payment + progressive payment.

Developer will call for payment progressively.

8 Weeks from Booking

Sum of 20% + SD

Total Outlay

Pay 5% + 5% Loan (Cheque/CO/CPF/Cash/Loan)

Developer will call for payment progressively.

Enter Launch Date

Est. Foundation Stage

(6 Months from launch)

Foundation Stage Top Up:

(Cash CPF for LTV 75% to 70%)

Additional Top Up:

Total Cash/CPF:

(Cash/CPF for LTV below 70%)

Note: Subject to bank’s IPA and letter of offer

Income Weighted Average Age(IWAA)

Age 1

Income 1

Age 2

Income 2

Age 3

Income 3

Age 4

Income 4

Enter Loan Interest:

IWAA

0

Max Loan tenure

0

Monthly Contribution to CPF OA

Enter Total Monthly Debt Repayment:

Enter Loan To Value
(LTV):

Estimated LTV Based on IWAA

Maximum Property Price Based on Estimated Loan

Minimum Monthly Salary Based on 55% TDSR & Total Debt

Minimum Monthly Salary Based on 30% MSR for Comaprison

Shortfall of LTV base on IWAA

Unpledge (Show fund prior to 1st loan drawdown)

Pledge 48 Months

Note: Subject to construction method and BCA Application

Progressive Payment Estimates

	Estimated Period From Launch	Amount Disbursed by Cash/CPF	Loan Disbursed by Bank %	Amount Disbursed by Bank	Estimated Monthly Interest	Estimated Monthly Principal	Est Monthly Mortgage Repayment
10% FOUNDATION	6 Months	$0	0%	$0	$0	$0	$0
10% FRAMEWORK	6 Months	$0	0%	$0	$0	$0	$0
5% WALL	3 Months	$0	0%	$0	$0	$0	$0
5% CEILING	3 Months	$0	0%	$0	$0	$0	$0
5% DOOR & WINDOW	3 Months	$0	0%	$0	$0	$0	$0
5% CAR PARK	3 Months	$0	0%	$0	$0	$0	$0
25% TOP	12 Months	$0	0%	$0	$0	$0	$0
15% CSC	12 Months	$0	0%	$0	$0	$0	$0
Total:		$0	0%	$0