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Schedule H Progressive Interest Estimator

Estimates progressive interest based on Schedule H claim percentages. Adjust claim month for each stage to model your project timeline.

Est. Progressive Interest: RM 0.00
Monthly Rate Used: 0.3167%

Claim Details and Calculation

Stage No.Claim Stage%Claim MonthEstimated Interest
1Signing SPA10%RM 0.00
2(a)Below ground level + foundation10%RM 0.00
2(b)Reinforced concrete framework + floor slab15%RM 0.00
2(c)Walls + door/window frames10%RM 0.00
2(d)Roofing/ceiling, wiring, plumbing, gas, trunking10%RM 0.00
2(e)Internal + external plastering10%RM 0.00
2(f)Sewerage works5%RM 0.00
2(g)Drains5%RM 0.00
2(h)Roads5%RM 0.00
3Vacant possession (water + electricity ready)12.5%RM 0.00
4Subdivision confirmation (Appropriate Authority)2.5%RM 0.00 (after Stage 3)
5(a)Stakeholder release after 6 months from VP2.5%RM 0.00 (after Stage 3)
5(b)Stakeholder release after 18 months from VP2.5%RM 0.00 (after Stage 3)
Total Claim Percentage: 100%Total Disbursed: RM 0.00Total Estimated Interest: RM 0.00

Method: interest is estimated only up to Stage 3, based on your Years to VP input. For Stage 1 to Stage 3, claim interest = claim amount x (annual rate / 12) x interest month, where interest month = VP months - claim month + 1. Stage 4 and Stage 5(a)/5(b) are fixed at zero interest.

Monthly Installment Over Time

RM 1.00RM 0.00M1M48

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Estimates only. Please refer to your own agent for final progressive interest confirmation and payment terms.