Payment plan calculator

Most purchases here run on an interest-free developer instalment plan. This shows the deposit, the monthly figure and what the first year really costs once fees are added.

Monthly instalment

—

First 12 months incl. fees: —

Down payment	—
Balance over the term	—
Per year	—
Purchase fees & taxes	—

Schedule

Period	Payment	Balance

Developer plans in the TRNC are typically interest-free over the construction period, which is why this assumes an even split with no interest. Verify the exact schedule in the contract — some plans front-load payments against construction milestones.

Why most buyers use a developer plan rather than a mortgage

Local banks lend up to about 50% of valuation at 5–13% with a 1% arrangement fee, and international lenders will not lend against TRNC property at all. An interest-free developer plan over two to three years is usually cheaper — the trade-off is that you are an unsecured creditor of the developer until the deed transfers.

How the purchase process works →

Common questions

Do developers charge interest on instalments?

Usually not over the construction period — plans are typically interest-free. Payments after handover, or unusually long terms, may carry interest, so check the contract.

What deposit is normal?

Commonly 30–40% on signature, with the balance spread over the construction period.

Can I get a mortgage instead?

Local banks lend up to about 50% of valuation at 5–13%. International lenders generally do not lend against TRNC property.

Want this checked against a real unit?

Send the project and unit type — we will run the numbers on the actual price list and the developer's payment plan.

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