Purchasing your first condo can be overwhelming, but DMCI Homes has simplified the process with transparent options and quality units. Here’s a step-by-step guide for first-time buyers.
Step 1: Determine Your Budget
Start by evaluating how much you can afford. Include:
- Available savings for down payment
- Monthly amortization you can handle
- Additional costs (closing fees, association dues)
Step 2: Choose the Right Unit
DMCI offers studios, 1-bedroom, and 2-bedroom units. Consider your lifestyle and future plans before deciding.
Step 3: Financing Options
You can use:
- Bank financing
- In-house financing
- Pag-IBIG housing loan
Compare interest rates and payment terms carefully.
Step 4: Reservation and Documentation
Submit a reservation fee and prepare documents:
- Valid IDs
- Proof of income
- Pag-IBIG membership (if applicable)
Step 5: Move-in
After paying the down payment and completing the contract, schedule your move-in and familiarize yourself with the community.
Buying your first DMCI condo is easier when you plan ahead, understand financing, and select a unit that fits your needs.