QUOTE(kimirockz @ Jul 11 2018, 11:10 PM)
progressive payment as in paying the loan interest? once bank release the progressive payment then u start paying.
if u purchase near completion, u save more as u pay less interest.
You will probably be paying the same interest.if u purchase near completion, u save more as u pay less interest.
Like you mention, you pay interest on the amount disbursed by the bank.
Case 1
If bank disbursed 100k @ 5% you will pay 5k per annum
Near completion, bank disburse another 100k, total disbursement 200k @ 5% = 10k per annum
Case 2
Let say you enter when the prop is about to complete, the bank will disbursed the amount = close completion,
200k @ 5%, you will be paying 10k per annum
Should be same anyway, heck you might be paying more if the price appreciated.