mode of payment
lancaster new city
accepted kinds of payment
Reservation Fee
• Cash – Philippine Pesos
• Personal Checks or Company checks or Managers Check
• Credit Cards
Downpayment
• Cash – Accepted for 3 months only
• Postdated Checks – required for the remaining downpayment
Amortization
Postdated Checks – required for the remaining downpayment
Bank Financing
• Downpayment: 12.5% payable in 15 months Zero interest
• Start of Downpayment: 30-45 days from reservation date.
• Balance to loan from Bank: 87.5%
• Start of Bank Amortization Payment: After 15 months
• Estimated Move-in Date: After 15 months of paying full downpayment.
• Who will process your Loan: Developer’s Office
• Is there bank charges? NO.
In-House Financing
• Downpayment: 30% payable in 24 months Zero interest
• Start of Downpayment: 30-45 days from reservation date.
• Balance to loan from Developer: 70%
• Start of Inhouse Amortization Payment: After 24 months
• Estimated Move-in Date: After 15 months of paying full downpayment.
• Who will process your Loan: Developer’s Office
• Is there bank charges? NO.
Deferred Cash
• Total Contract Price is divided by 24 monthly payment Zero interest
• Downpayment: None
• Amortization: None
• Estimated Move-in Date: After 15 months
• Who will process your Loan: Developer’s Office
• Is there bank charges? NO.
Spot Downpayment
• If full downpayment is paid: Discount range from 5-7.5% base on DP amount depending on date paid..
• Balance to loan from Developer: 80%
• Start of Inhouse Amortization Payment: After DP terms which is 15 months
• Estimated Move-in Date: After 15 months even if full down is paid.
• Who will process your Loan: Developer’s Office
• Is there bank charges? NO.
Full Payment of Total Contract Price ( TCP )
• Discount range from 4 – 10% base on TCP amount depending on date paid..
• Balance to loan from Developer: None
• Start of Inhouse Amortization Payment: None
• Estimated Move-in Date: After 15 months even if full TCP is paid.
• Is there bank charges? NO.