Interest Rate Comparison
Proscenium Kirov Rockwell
Premium luxury positioning with higher financing costs. Limited bank partnerships typically include BDO and BPI for qualified buyers.
DMCI Homes
More competitive developer rates with partnerships across major banks including Metrobank, Security Bank, and RCBC.
Loan Amount & Terms
| Feature | Proscenium Kirov | DMCI Homes |
|---|---|---|
| Typical Loan Amount | 15,000,000 - 50,000,000 | 3,000,000 - 15,000,000 |
| Maximum LTV | 80% | 90% |
| Loan Term | 15-20 years | 15-25 years |
| Processing Time | 45-60 days | 30-45 days |
Monthly Payment Examples
For a 10,000,000 loan over 20 years:
- Proscenium Kirov (9% rate): Monthly payment around 89,973
- DMCI Homes (8% rate): Monthly payment around 83,644
- Nook Refinance (5.99% rate): Monthly payment around 71,643
By refinancing through Nook, you could save 18,330 monthly compared to Proscenium Kirov financing.
Why Consider Refinancing Instead
Both developer financing options come with built-in markups. Similar to other developer comparisons, independent refinancing often provides better rates. Nook's 5.99% rate significantly outperforms both options, potentially saving hundreds of thousands over your loan term.
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Compare My Options →Frequently Asked Questions
Which offers better financing terms - Proscenium Kirov or DMCI Homes?
DMCI Homes generally offers more competitive financing with rates around 7.5-8.5% compared to Proscenium Kirov's 8.5-9.5%. DMCI also provides higher LTV ratios up to 90% and longer terms up to 25 years.
Can I refinance my Proscenium Kirov or DMCI Homes loan later?
Yes, once your loan is active for 12-24 months, you can refinance through Nook to potentially get rates as low as 5.99%. This could result in significant monthly savings compared to developer financing rates.
What's the typical down payment for these developments?
Proscenium Kirov typically requires 20-30% down payment given its ultra-luxury positioning, while DMCI Homes often accepts 10-20% down payments with more flexible schemes during construction.
How much can I save by refinancing instead of using developer financing?
On a 10,000,000 loan, refinancing at 5.99% through Nook could save you 12,000-18,000 monthly compared to developer rates, totaling 2,400,000-4,300,000 over 20 years.
Which banks typically approve loans for these developments?
Proscenium Kirov works primarily with BDO and BPI for qualified buyers. DMCI Homes has partnerships with Metrobank, Security Bank, RCBC, and other major banks, providing more financing options.