Check the project documents
Confirm every requirement in the project's disclosure statement and purchase agreement. A sales presentation or example schedule may not contain every legal condition.
MORTGAGE CALCULATOR
Plan every presale deposit stage.
Calculate staged deposits, total cash committed and the purchase price remaining at completion.EDITABLE EXAMPLE SCHEDULE
Presale deposit calculator
Deposit schedules vary by developer and project. Edit every stage to match your disclosure statement or purchase agreement.
1
Calculated amount$37,500
2
Calculated amount$37,500
3
Calculated amount$37,500
4
Calculated amount$37,500
PRESALE DEPOSITS
Understand the schedule before you sign
New-construction deposits are often paid in stages. The developer determines the actual percentages, deadlines and conditions for each project.
Deposits and financing
Presale deposits contribute toward the purchase, but mortgage and final down-payment requirements depend on your financing situation at completion.
What remains at completion
The remaining purchase price is generally paid using the mortgage proceeds plus any remaining cash or down payment required from the buyer.
Planning estimate only
Deposit schedules vary by developer and project. Buyers should confirm the actual requirements and dates with their professional advisers.
Important
Urbyn is not the developer, lender, lawyer or real-estate brokerage. This calculator is for planning purposes only.
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