STANDARD PAYMENT TERMS (IN-HOUSE FINANCING)
RESERVATION FEE: Heritage project (Lots Only) Php 5,000 (House&Lot) TCP of below 500,000 = Php 5,000 (House&Lot) TCP of 500,000 to 999,999 = Php 7,000 (House&Lot) TCP of 1,000,000 & above = Php 10,000
Metrogate Project House & Lot Package/House Construction Only: TCP of less than 1M Php10,000 TCP of P1,000,000-P1,999,999 Php15,000 TCP of P2,000,000-P2,999,999 Php20,000 TCP of P3,000,000 and above Php25,000
A. CASH SALE
|If TCP is paid within||Discount on DP||Discount on TCP|
|Lot||House and lot|
|0-7 days||12 %||4%|
|8-30 days||10 %||3%|
|31-60 days||8 %||2%|
B. INSTALLMENT SALE
Down Payment: 20% of TCP, less reservation fee payable in 60 days
|If DP is within||Discount on DP||Discount on DP|
|Lot||House and Lot|
|7 days||10 %||4 %|
|30 days||8 %||3%|
**DP discount is not applicable to accounts with balance term of 1 year 0% interest.
C. DEFERRED CASH
TCP less reservation fee to pay in 12 equal monthly installments
TERMS OF PAYMENT (House Construction only):
A. STANDARD- DP: 30% OFTCP payable in three (3) equal monthly
Installments without discount and interest.
Balance payable up to 5 years subject to interest rates
1. Reservation fee is NON-REFUNDABLE.
2. Start of monthly DP is 30 days after reservation date
3. Prices, terms and discounts are subject to change without prior notice.
4. All checks must be made payable to Moldex Realty, INC
5. Prices are VAT inclusive whenever applicable.
6. MRI reserves the right to correct any figure in the pricelist in case of typographical error.
7. Procedural flow for house construction to start upon full payment of the (a) DP (at least 20% of TCP), (b) miscellaneous fees and (c) receipt of head office of complete required documents.
Miscellaneous Fees for Heritage Project
|Type of Purchase||Lots Only||House & Lot|
|Cash||3,550+3% of TCP||5,750 + 3% of TCP + Utility Deposit + Occupancy Permit|
|In-House Installment||3,350+3% of TCP||5,750 +4.10% of TCP + Utility Deposit + Occupancy Permit|
|HDMF Financing||7,700+5.25% of TCP||9,900 + 5.55% of TCP + Utility Deposit + Occupancy Permit|
|Bank Financing||3,350+3% of TCP||5,750 + 3% of TCP + Utility Deposit + Occupancy Permit|
Note: Registration Expenses for installment sales can be paid at the last M.A. Date or During M.A. Either installment or outright payment.
Miscelllaneous Fees for Metrogate Project
|TYPE OF PURCHASE||LOT ONLY||HOUSE & LOT|
|Cash||5,350+3% of TCP||P8,500+3% of TCP+Utility Deposit+Occupancy Permit (see notes below)|
|In-House Installment||5,350+3% of TCP||P8,500+4.10% of TCP+Utility Deposit+Occupancy Permit (see notes below)|
|HDMF Financing||9,500+5.25% of TCP||P12,700+5.55% of TCP+Utilty Deposit+Occupancy Permit (see notes below)|
|Bank Financing||5,350+3% of TCP||P8,550+3% of TCP+Utility Deposit+Occupancy Permit (see notes below)|
P10,850+1.10% of House Price+Utility Deposit+Occupancy Permit