Payment & financing scheme

General

• Reservation - Php20,000, Php25,000, and Php50,000 depending on the project.
• Down payment of 20% payable in 12 months at 0%
• 80% Balance payable in 23 months without interest or pay the balance through Bank or Avida in-house financing.
• Plus other charges (Legal documentation)

OPTION A - Spot cash payments (Total price)

• 9% discount for Towers
• 7% discount on Land & Houses
  
  DOWNPAYMENT REQUIREMENT
  • 10-20% Spot Full DP
    • 5% Discount on DP for Towers
    • 20% Discount on DP for Land & Houses
  • 10% payable in six (6) months
  • 20% payable in eight (8) months for Towers;
    twelve (12) months for Land & Houses; at 0% inter

OPTION B - Deferred Cash Term (24 months to pay)

• 20% Spot DP
• Balance Payment payable in eighteen (18) months (no name check)
• Balance Payable in twenty-three (23) months (with name check).
• For Land & Houses: 100% Balance Payable net of Reservation Fee can be paid in twenty-four (24) months with name check.

OPTION C - In-House Financing (IHF):

• 20% DP
• Balance can be paid in ten (10) years
• at 18% fixed interest rate

OPTION D - Bank Financing (BF)

• 10-20% DP
• 80% balance loanable from the Bank
• at prevailing interest rate
  
  Accredited Banks:
  

• Bank of the Philippine Island (BPI)
• Chinabank
• RCBC
• BDO
• PSBank

Complete information on payment terms

Click to download PAYMENT TERMS. (As of February 2008)

For more information and specific questions,
please email or text Lucy at 0917-5338813

 

AVIDA PROPERTIES - Payment and financing schemes | 2008 Release