DMCI Mulberry Place RFO Condo in Taguig City
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  • Payment Term Options and Sample Computation for Mulberry Place
    Maica Castillo
    in DMCI Mulberry Place RFO Condo General Information
    Posted Mar 21, 03:51 AM

    Mulberry Place Phase 2 offers flexible payment terms to accommodate a variety of financial plans. The regular payment scheme requires a 30% down payment, while a promotional term allows for a lower down payment of 15%. Additionally, the remaining balance can be financed through bank financing or in-house financing options, providing convenience and flexibility for buyers to complete their purchase.

    C- Shantung 517 – 2 BEDROOM – 64.50 SQM

    List Price: 9,200,000.00
    RFO Date: June 2027
    Select your Downpayment: 20%
    Number of Months to Pay: 26 Months

    20% DOWNPAYMENT 80% BANK FINANCING

    List Price: 9,200,000.00
    Special Discount (0.0%): 0.00
    Net: 9,200,000.00
    Regular Discount (0.0%): 0.00
    Net: 9,200,000.00
    Additional Discount (0.0%): 0.00
    Total Contract Price: 9,200,000.00
    Closing Fee (10.5%):  966,000.00
    Total with Closing Fee: 10,166,000.00

    DOWNPAYMENT FOR 26 MONTHS

    Downpayment (20.0%): 1,840,000.00
    Less: Reservation Fee: 20,000.00
    Net Downpayment: 1,820,000.00
    Monthly Downpayment (26 Months): 70,000.00 Monthly

    BALANCE – BANK FINANCING

    Balance (80.0%): 7,360,000.00
    Closing Fee (CF): 966,000.00
    Total Balance + Closing Fee (CF): 8,326,000.00

    MONTHLY AMORTIZATION

    10 Years (7.0% Rate): 96,671.92 Monthly
    15 Years (7.0% Rate): 74,836.44 Monthly
    20 Years (7.0% Rate): 64,551.39 Monthly

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