How Alveo Land's Payment Scheme Works (Without Showing Numbers)

Alveo Land — like most Philippine premium developers — splits a unit purchase into two phases. Knowing the structure makes the process easier and your monthly cash-flow planning more accurate.

Phase 1: Down Payment Phase (during construction)

Once you reserve a unit, you start paying the down-payment portion in equal monthly installments over the construction window — typically 24 to 60 months depending on the project's launch-to-turnover timeline. This phase is usually interest-free under Alveo's standard schemes. The down-payment percentage varies by unit type and timing (often 10–20% of total contract price for studios, slightly higher for larger units), and the reservation fee is typically credited toward this phase.

Phase 2: Bank Loan Phase (after turnover)

Once your unit turns over, the remaining 80–90% is taken out via Pag-IBIG, a bank loan, or — less commonly — direct cash. This phase has interest (currently in the 6–9% per annum range depending on the fixing period and bank) and runs 15–30 years. Most OFW and local buyers use Pag-IBIG for the standard housing loan, then top up with a bank if the unit price exceeds the Pag-IBIG ceiling.

Why this matters for budgeting

Your monthly during construction is meaningfully lower than your monthly after turnover (because the construction-phase payments are a smaller percentage of the total spread over a few years, while the loan-phase payments are the larger remaining principal plus interest spread over a longer period). Plan both, not just the construction-phase amount.

A note on figures

Per developer policy, exact numbers and current promo schemes are shared one-on-one — they change with rate environments and unit availability. Send me a message with your target project and I'll prepare a sample computation for the unit type you're considering.