EC – Normal Payment Scheme Calculator

Under the Normal Payment Scheme (NPS), home loan will be disbursed to the developer according to the payment schedule set by the developer as construction reaches certain pre-set milestones. E.g., commencement of foundation work, Roof / Ceiling, Carpark, TOP, etc.

Another option is the Deferred Payment Scheme (DPS). Under DPS scheme, you can push back the timing of the payments till Temporary Occupation Permit (TOP) and collection of keys, usually 3 years later. Try DPS Calculator.