Plot Installment Plan Calculator
Lay out a society plot or house instalment plan: down payment, monthly, quarterly or half-yearly instalments, balloon payments and the amount due on possession.
50 Lakh
Instalments
Paid when you get the plot or house
Every month
Rs 83,333
Pay Rs 10 Lakh now, then Rs 83,333 every month for 36 instalments, plus 2 balloon payments of Rs 2.5 Lakh and Rs 5 Lakh on possession.
Payment schedule — 40 paymentsShowHide
| Due | Payment | Amount | Paid so far |
|---|---|---|---|
| Now | Down payment | Rs 1,000,000 | 20% |
| #1 | Instalment 1 | Rs 83,333 | 22% |
| #2 | Instalment 2 | Rs 83,333 | 23% |
| #3 | Instalment 3 | Rs 83,333 | 25% |
| #4 | Instalment 4 | Rs 83,333 | 27% |
| #5 | Instalment 5 | Rs 83,333 | 28% |
| #6 | Instalment 6 | Rs 83,333 | 30% |
| #7 | Instalment 7 | Rs 83,333 | 32% |
| #8 | Instalment 8 | Rs 83,333 | 33% |
| #9 | Instalment 9 | Rs 83,333 | 35% |
| #10 | Instalment 10 | Rs 83,333 | 37% |
| #11 | Instalment 11 | Rs 83,333 | 38% |
| #12 | Instalment 12 | Rs 83,333 | 40% |
| #12 | Balloon payment | Rs 250,000 | 45% |
| #13 | Instalment 13 | Rs 83,333 | 47% |
| #14 | Instalment 14 | Rs 83,333 | 48% |
| #15 | Instalment 15 | Rs 83,333 | 50% |
| #16 | Instalment 16 | Rs 83,333 | 52% |
| #17 | Instalment 17 | Rs 83,333 | 53% |
| #18 | Instalment 18 | Rs 83,333 | 55% |
| #19 | Instalment 19 | Rs 83,333 | 57% |
| #20 | Instalment 20 | Rs 83,333 | 58% |
| #21 | Instalment 21 | Rs 83,333 | 60% |
| #22 | Instalment 22 | Rs 83,333 | 62% |
| #23 | Instalment 23 | Rs 83,333 | 63% |
| #24 | Instalment 24 | Rs 83,333 | 65% |
| #24 | Balloon payment | Rs 250,000 | 70% |
| #25 | Instalment 25 | Rs 83,333 | 72% |
| #26 | Instalment 26 | Rs 83,333 | 73% |
| #27 | Instalment 27 | Rs 83,333 | 75% |
| #28 | Instalment 28 | Rs 83,333 | 77% |
| #29 | Instalment 29 | Rs 83,333 | 78% |
| #30 | Instalment 30 | Rs 83,333 | 80% |
| #31 | Instalment 31 | Rs 83,333 | 82% |
| #32 | Instalment 32 | Rs 83,333 | 83% |
| #33 | Instalment 33 | Rs 83,333 | 85% |
| #34 | Instalment 34 | Rs 83,333 | 87% |
| #35 | Instalment 35 | Rs 83,333 | 88% |
| #36 | Instalment 36 | Rs 83,333 | 90% |
| #37 | On possession | Rs 500,000 | 100% |
Questions people ask
What is a balloon payment?
A larger lump sum due at set points of an instalment plan, on top of the regular instalments — often every six months or once a year. More balloons mean smaller regular instalments.
What is paid on possession?
Many society plans keep a share of the price — often 10–20% — until you are handed the plot or house. It is due at the end, whenever possession is given.
Are instalment plans more expensive than paying in one go?
Usually yes: the instalment price is often higher than the cash price. Compare the total with the cash price, and check the developer's approval and the society's NOC before you pay.