Episode 13 · 48s
The 4-Year Number — $284,000 vs $84,000 on the Same Home
Two buyers, the same $2 million home, the same four years — and very different amounts leaving their accounts. What progressive payments actually change is timing, not price.
Key takeaways
- 1
A completed resale starts the full home loan in month one — roughly $284,000 in instalments over four years.
- 2
A home still under construction has the loan released in stages as each stage is finished — roughly $84,000 over the same four years.
- 3
That's about $200,000 less leaving your account, and roughly $100,000 less interest paid over the period.
- 4
It isn't free money — it's timing. The same debt arrives later, after you collect keys and start servicing the full loan.
- 5
Worked example: $2M home, 75% loan-to-value, 2.5% p.a., 30-year tenure, standard 4-year construction drawdown. Your own figures will differ with rate, tenure and drawdown schedule.
Read the transcript+
Two buyers, same $2 million home, same four years. One has paid $284,000. The other has paid $84,000. Same price tag. The difference isn't the price, it's when the money leaves your account. A completed home starts the full loan in month one, every month from day one. A home still being built is different. The bank releases the loan in stages as each stage is finished. Your payments start small and step up slowly. Over 4 years, $200,000 less leaves your account. But it isn't free money, it's timing. The same debt arrives later, after you collect keys. So the question isn't which is cheaper, it's which cash flow fits your next four years.
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