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Flexible Payment Options at Fortis Residences
At Fortis Residences, we offer a variety of payment terms designed to accommodate your financial planning, ensuring a smooth journey towards owning your dream home in Makati. Whether you prefer to make a larger down payment for a smaller monthly figure or spread your payments more evenly, we have an option that will suit your needs.
30% Total Downpayment (DP), Balance Through Bank Financing/Cash
Option 1: Standard Plan
5% Spot Downpayment: Make an initial spot payment to secure your unit.
25% Through Remaining DP Period: Manage your finances with ease by spreading the rest of your downpayment over the DP period.Option 2: Extended Balanced Plan
5% Spread Over 6 Months: Begin your payments gently with a 5% downpayment spread over six months.
25% Through Remaining DP: Ease into full ownership with comfortable monthly payments for the rest of your downpayment.PAYMENT TERMS AND COMPUTATION
C – Fortis 317 – 1BR – 55.50 SQM
List Price: 13,832,000.00
RFO Date: Dec-2027
Select your Down Payment: 20%
Number of Months to Pay: 32 Months20% DP, 80% Bank Financing
List Price: 13,832,000.00
Special Discount 0.0%: 0.00
Net: 13,832,000.00
Regular Discount 0.0%: 0.00
Net: 13,832,000.00
Additional Discount 0.0%: 0.00
Total Contract Price: 13,832,000.00
Closing Fee 10.5%: 1,452,360.00
Total with Closing Fee: 15,284,360.00DOWN PAYMENT FOR 32 MONTHS
Down payment 20.0%: 2,766,400.00
Less: Reservation Fee: 50,000.00
Net Downpayment: 2,716,400.00
Monthly Downpayment (32 Months): 84,887.50 MonthlyBALANCE – BANK FINANCING
Balance 80.0%: 11,065,600.00
Closing Fee (CF): 1,452,360.00
Total Balance + CF: 12,517,960.00MONTHLY AMORTIZATION
10 Years (7.0% Rate): 145,344.13 Monthly
15 Years (7.0% Rate): 112,514.96 Monthly
20 Years (7.0% Rate): 97,051.61 Monthly0 Likes0 Replies