Does Progressive Payment Really Cost Less? We Added Up Every Month.
“You only pay as it is built, so it is much easier on your cash flow.” It is the most repeated line in the new-launch pitch, and it is half true. Staging the payments does save real money — about S$44,000 of interest on a S$1.5 million home. It also puts you in a rented home for three and a half years, which costs about four times that. We ran both purchases month by month for seven years. Here is where the belief holds, where it breaks, and the one situation where it is simply correct.
