Free tool
Build your deposit schedule
Enter the purchase price and the builder's deposit milestones. Get a dated, dollar-by-dollar payment calendar — so you know exactly when each cheque is due.
Deposit milestones
due
due
due
due
due
Your payment calendar
1
On signing
Due Nov 5, 2026
$5,000
total $5,000
2
Balance to 5% — 30 days
Due Dec 5, 2026
$40,000
total $45,000
3
5% — 120 days
Due Mar 5, 2027
$40,000
total $84,999
4
5% — 240 days
Due Jul 3, 2027
$40,000
total $124,999
5
5% — on occupancy
Due On occupancy
$40,000
total $164,998
Total deposit$164,998 (20.6%)
Educational estimate only — always confirm the exact schedule, amounts and payee against the builder's agreement before signing. Deposit cheques are typically made out to the builder's lawyer in trust.
Want this checked against a real project?
Send me the project name — I'll verify the deposit structure against the builder's price list.
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