Progressive Interest Payment Calculator
Amount disbursed
*based on your input below
Progressive interest payable
For the month of .
Insert your house price in the input area, select month,
then check the checkbox in the first column below
for the disbursed amount.
then check the checkbox in the first column below
for the disbursed amount.
SPA Price
RM
Interest Rate
%
Month
| Stage | Installments Payable | % | Amount (RM) | |
|---|---|---|---|---|
| 1 | Immediately upon the signing of SPA. | 10 | ||
| Within thirty (30) days after being provided written notice of the completion of:- | ||||
| 2(a) | the work below ground level i.e. piling, foundation, etc. | 10 | ||
| 2(b) | the reinforced concrete framework and floor slab | 15 | ||
| 2(c) | walls, doors, and window frames | 10 | ||
| 2(d) | the roofing, ceiling, wiring, plumbing, gas piping, etc. | 10 | ||
| 2(e) | the internal and external plastering | 10 | ||
| 2(f) | the sewerage works | 5 | ||
| 2(g) | the drains | 5 | ||
| 2(h) | the roads | 5 | ||
| On the date of VP, | 20 | |||
| 3 | with water and electricity supply ready for connection. | 12.5 | ||
| 4 | within 21 working days after being provided written confirmation of CCC (held by the developer's lawyer). | 2.5 | ||
| 5 | to be held by developer's lawyer, until the point of 6 months and 18 months. | 5 |