Off-plan payment plan

Down payment, monthly instalments and the balance on handover, for a project still being built.

The unit
$
The split
%
%
%
Instalments
Paid
Down payment
$70,000
During construction (50%)
$175,000
On handover
$105,000
Each month
$4,861
Handover
Jan 2030
Paid so farPriceJan 2030: $350,000
Dec 2026Jan 2030
The full schedule (38 payments)
DatePaymentAmountPaid so far
Dec 2026Down payment$70,000$70,000
Jan 2027Monthly instalment$4,861$74,861
Feb 2027Monthly instalment$4,861$79,722
Mar 2027Monthly instalment$4,861$84,583
Apr 2027Monthly instalment$4,861$89,444
May 2027Monthly instalment$4,861$94,306
Jun 2027Monthly instalment$4,861$99,167
Jul 2027Monthly instalment$4,861$104,028
Aug 2027Monthly instalment$4,861$108,889
Sept 2027Monthly instalment$4,861$113,750
Oct 2027Monthly instalment$4,861$118,611
Nov 2027Monthly instalment$4,861$123,472
Dec 2027Monthly instalment$4,861$128,333
Jan 2028Monthly instalment$4,861$133,194
Feb 2028Monthly instalment$4,861$138,056
Mar 2028Monthly instalment$4,861$142,917
Apr 2028Monthly instalment$4,861$147,778
May 2028Monthly instalment$4,861$152,639
Jun 2028Monthly instalment$4,861$157,500
Jul 2028Monthly instalment$4,861$162,361
Aug 2028Monthly instalment$4,861$167,222
Sept 2028Monthly instalment$4,861$172,083
Oct 2028Monthly instalment$4,861$176,944
Nov 2028Monthly instalment$4,861$181,806
Dec 2028Monthly instalment$4,861$186,667
Jan 2029Monthly instalment$4,861$191,528
Feb 2029Monthly instalment$4,861$196,389
Mar 2029Monthly instalment$4,861$201,250
Apr 2029Monthly instalment$4,861$206,111
May 2029Monthly instalment$4,861$210,972
Jun 2029Monthly instalment$4,861$215,833
Jul 2029Monthly instalment$4,861$220,694
Aug 2029Monthly instalment$4,861$225,556
Sept 2029Monthly instalment$4,861$230,417
Oct 2029Monthly instalment$4,861$235,278
Nov 2029Monthly instalment$4,861$240,139
Dec 2029Monthly instalment$4,861$245,000
Jan 2030On handover$105,000$350,000

A plan shows what a split means per month. The developer's contract sets the real schedule, and whether instalments follow months or stages of the works.

Guidance to plan with, not legal advice. For a sale, a property lawyer checks the papers and gives today's fees. Find a property lawyer