The deferred management fee (DMF) is your contribution to the continued maintenance and management of the village, including your unit and the village amenities. It’s deducted when your capital sum is repaid, which is the amount you’ve paid to occupy the unit.
Your DMF will be no more than 20 percent – one of the lowest in the retirement sector.
“We guarantee that our deferred management fee will be capped at a maximum of 20 percent of the capital sum – even if you transfer to another apartment or villa within the village, or to another Ryman village.”
We know how important it is for you to have certainty regarding your living costs.
“We guarantee that we will not increase your base weekly fee for the entire time you occupy your apartment or villa at the village, regardless of any changes to the operating costs at the village. Your base weekly fee is fixed for you. It would only increase if you change from independent to serviced apartment living, or you add extra care options.”
You will have peace of mind knowing that if the need arises for an increased level of care, you can remain living within the village community in close contact with your partner or friends.
“We guarantee that you will have priority access over non-residents to the aged-care centre within the village, or to another Ryman aged-care centre.”
This is a simplified calculator to help you understand the difference between Ryman and other providers' Deferred Management Fee (DMF). At Ryman you will only ever be charged a DMF once, and this is capped after 5 years at 20%. Others may differ - including charging an additional DMF when you move into a serviced apartment or care.
To learn more about how the DMF is calculated over time and between different living options, please contact our experienced sales team who can walk you through the process.
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