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Nichols Park Payment Terms

Nichols Park Cebu House and Lot
House and Lot
Nichols Heights Guadalupe Cebu City Philippines
Payment Terms
  • Spot Cash
  Full payment of the Total Package Price within the next 30 days after reservation date will gurantee a 5% discount (based on Net TCP)
  • Deferred Cash
  Equal monthly payments at 0% interest for 12 months
  • In-House Financing
    • 30% Down Payment
    3 mos to pay at 0% interest
Spot DP - payment within 7 days from reservation date will guarantee a 5% discount based on 30% of the Net TCP)

70% Remaining Balance
Interest Rate 16%: fixed p.a.
Terms: 2, 3 or 5 years
    • 20% Down Payment
    Payment within 30 days fom reservation date

80% Remaining Balance
Interest Rate 16%: fixed p.a.
Terms: 2, 3 or 5 years
  • Bank Financing
  Wealthbank, 70% of Total Package Price Loanable
OR your bank of preference

Start and Duration of House Construction
  Construction starts upon 30% Down Payment of the Total Package Price. Depending on weather conditions, the construction period ranges fom 12-18 months.

Requirements for Move-In
 
  • Upon 30% Down Payment of the Total Package Price by the client
  • Complete post-dated checks for in-house accounts
  • Letter of Guarantee from the bank for accounts availing the Bank Financing Scheme

Interested about Nichols Park? Contact us now.

About Nichols Park
Location
Amenities / Features
House Models: Phase 3
House Models: Phase 1 & 2
Payment Terms
Price List