FINANCING
- Reservation Fee?
An amount equivalent to P15,000.00 is required as Reservation Fee. Said amount is non-refundable in case of cancellation but will form part of the Contract Price.
- Discount for Cash Payment?
Five (5%) discount is granted if account is full paid within thirty (30) days from date of Reservation Fee.
- Accept Bank Loan?
Yes. A 2.5% discount is given if letter of guarantee from bank is submitted within 60 days from date of reservation Fee.
- Other Financing Schemes?
Flexible Payment Schemes are offered for In-House Financing where postdated checks are required. The following are the payment schemes:
- SCHEME 1:
The amount equivalent to 30% Downpayment is paid outright. The remaining 70% balance is payable in 6 months, at 0% interest. Balance may also be paid in 1, 2 or 3 years subject to 12.32%, 13.44%, or 14.56% interest rate per annum, respectively.
- SCHEME 2:
The amount equivalent to 24% Downpayment is stretched over a Twelve (12) months period at 13.44% interest. The remaining 76% balance is payable in 1, 2 or 3 years subject to 14.56%, 15.68% and 16.8% interest rate per annum, respectively.
- Can I choose any bank to serve my financing?
Agro-Macro Dev’t. Corp. has accreditation arrangements with BPI, Metrobank, PS Bank, City Savings Bank and RCBC. However, the Buyer has the option to transact with any bank if his choice. A Letter of Undertaking / Guarantee from the choice bank is required prior to document transfer.
* All prices, fee, charges and interest rates are subject to change without prior notice. Please coordinate with our office for accurate figures.
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