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James Wong Homes

Private homes

New Launch Purchase

For a private home bought from a developer before it is built: what is due in the first 8 weeks, what you pay from your own money, when the loan is drawn and how the monthly repayment grows stage by stage.

Your figures

The main figures
Loan
How the purchase is financed

The loan limit depends on home loans still outstanding, not on how many homes you own.

For joint borrowers, the income-weighted average age.

Leave blank for the longest period allowed.

Leave blank to use the highest loan the rules allow.

Starts at 4%, the rate banks must use to assess a new home loan. Change it to the rate of the loan you are considering.

Buyers
Who is buying

Nationals of the United States, and nationals and permanent residents of Iceland, Liechtenstein, Norway and Switzerland, are treated as Singapore citizens for this duty.

Count every residential property, in Singapore only, including part shares.

Costs
Dates

Adds estimated dates.

Estimated months to reach each stage

Months after the stage before it. These are estimates: the developer's notices decide the real dates.

Your figures stay on this page. They are not saved or sent anywhere.

Result

A little more is needed

Still needed: Purchase price.

What this calculator leaves out

  • Deferred payment schemes and developer discounts are not covered here.
  • Whether the loan can be serviced is a separate check: use the Loan Assessment calculator.
  • Maintenance fees, property tax and fitting-out after TOP are not included.
  • It works from the figures you enter. It is not a bank's approval, a valuation or advice.

Calculator PR-03

Want the figures looked over?

James can go through your figures with you and point out what a calculator cannot see: timing, eligibility and the order in which to do things. Nothing you typed here is sent with your enquiry; bring the figures or a printout.

Discuss your property plan

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