Off-the-Plan Deposit Calculator
Calculate the deposit amount required for an off-the-plan purchase from the contract price and deposit percentage.
Your results
Calculation breakdown
- Deposit
- purchase price × deposit %
Worked example
A $700,000 off-the-plan purchase with a 10% deposit ties up $70,000 for the roughly 24 months until completion, with $630,000 due then.
Assumptions
- Assumes a standard fixed deposit percentage; some developers require staged payments during construction.
- Does not account for potential price adjustments or sunset clauses in the contract.
How this calculator works
Off-the-plan contracts typically require a deposit percentage set out in the contract of sale, often held in trust until settlement, which can be years after signing. Enter the contract price and deposit percentage to see the deposit amount required.
Frequently asked questions
Is the deposit percentage the same for every development?
No, it's set by the developer in the contract of sale and can vary between projects, so always check your specific contract.
What happens to the deposit before settlement?
It's usually held in a trust account or as a bank guarantee until settlement, as specified in the contract terms.
Can property values change before settlement?
Yes, off-the-plan purchases can complete years later, and market values, and your finance approval, may change in that time.
Results are estimates only and are not financial, tax, legal or credit advice.