How Affordable Is This Condo, Really?
When people see a condo priced in the millions, it can feel intimidating.
But ownership isn’t paid in one giant amount.
It’s structured in stages — and when you look at it monthly, it becomes much more realistic.
Estimated Property Range
For this 1-Bedroom unit type, total contract prices are typically in the ₱4.5M–₱4.8M range, depending on floor level and current promos.
Now let’s break that into manageable steps.
Step 1: Reservation
To secure the unit, you typically start with a reservation fee of around:
₱20,000–₱30,000
This officially locks in your chosen unit.
Step 2: Equity (Down Payment)
Equity is usually around 5% of the contract price.
For units in this range, that means roughly:
₱220,000–₱250,000 total equity
The good part?
This is commonly stretched over 12 months, making monthly equity payments approximately:
₱17,000–₱21,000 per month
Instead of paying hundreds of thousands upfront, you spread it comfortably across one year.
Step 3: Bank Financing (Remaining Balance)
After the equity period, the remaining balance is financed through a bank.
Depending on the term you choose:
Estimated Monthly Amortization Range:
• 20 years: approximately ₱33,000–₱38,000 per month
• 15 years: approximately ₱38,000–₱43,000 per month
• 10 years: approximately ₱48,000–₱55,000 per month
Interest is typically fixed for the first five years, providing payment stability in the early stage.
Why This Structure Feels Manageable
Instead of focusing on ₱4+ million, you’re looking at:
• A small reservation to begin
• Around ₱17k–₱21k monthly for the first year
• Then ₱33k+ monthly depending on your preferred term
For many professionals, couples, OFWs, or investors, this becomes comparable to long-term rent — but with ownership at the end.
Want the Exact Breakdown for Your Situation?
Your income, preferred term, and unit availability can slightly adjust the numbers.
To receive a detailed and personalized Sample Computation with exact figures:
Subscribe to our newsletter and we’ll send the full computation directly to your email.
No pressure — just clear numbers so you can decide confidently.