Payment Schedule
Option to Purchase
Upon signing OTP
$60,000
5%
Cumulative Payment$60,000 (5%)
Foundation
When foundation completed
$180,000
15%
Cumulative Payment$240,000 (20%)
Structural Framework
When framework completed
$300,000
25%
Cumulative Payment$540,000 (45%)
Architectural Works
When walls & windows done
$360,000
30%
Cumulative Payment$900,000 (75%)
Final Completion
Upon TOP
$240,000
20%
Cumulative Payment$1,140,000 (95%)
Legal Completion
Upon legal completion
$60,000
5%
Cumulative Payment$1,200,000 (100%)
Total Payment Summary
Total Property Price$1,200,000
Number of Stages6 payments