SPOT CASH: |
......5% DISCOUNT (lump sum payment) |
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PROGRESS CASH PAYMENT: |
... ..2% DISCOUNT |
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DOWNPAYMENT REQUIRED PRIOR TO CONSTRUCTION |
: 50% of Contract Price |
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1st BILLING (Upon 70% completion of house construction) |
: 20% of Contract Price |
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2nd BILLING (Upon 90% completion of house construction) |
: 20% of Contract Price |
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3rd / Final BILLING (Upon 100% completion of house construction) |
: 10% of Contract Price |
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: 100% (Total) |
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BANK FINANCING: |
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Bank Institution: PS Bank, Metrobank, Landbank |
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* Up to 20 years to pay |
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* 40% Equity is required |
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* Questions on interest rates, monthly amortizations, and other related matters can be best answered by the bank institution concerned. |
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