Bank Home Financing vs Developer Installment Plans: Which Costs Less Long-Term?

Neither selection is always inexpensive. Bank home financing typically means paying the bank more through a markup, profit, or rental payments over a longer period.

Developer instalment plans are usually shorter and may carry no markup at all.

The ABS approach

ABS Developers follows a Riba-free policy: whether you pay in full or follow the instalment plan, the agreed price remains the same, and there are no late-payment fees.