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SCHEME OF PAYMENT The Elysium Phase III
Effective Date : November 08,2005
Taxes and Incidental Expenses in the Purchase
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Registration of Title
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Real Estate Brokers in Metro Manila
The Elysium Phase III
Stages 3 & 4
Blocks 18,21
A. SPOT CASH PAYMENT
7%
Discount on Total Contract Price Net of Retention (Retention is 10% of TCP)
1)Payable within 7 days after reservation.
B. BANK FINANCING
Deposit of Php 100,000 payable within 7 days after reservation.
1)
30%
Down Payment with 5% Discount on DP or 1year to pay without interest.
2)
70%
Balance- thru Bank Financing.
(5% Discount on 70% and for implementation only after unit is completed).
C. DEFERRED/ IN-HOUSE FINANCING
Deposit of Php 100,000 payable within 7 days after reservation.
T.Special Deferred Payment 30%−20%−50%
1)
30%
Down Payment. Outright Cash with 10% Discount on DP or 1 year to pay without interest.
2)
20%
1 Year to pay without interest.
3)
50% BALANCE
3 Years to pay @
16%
interest rate (.035157)
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