Catherine Townhouse
House Details
Features:
* Floor Area: 50sqm
* Lot Area: 50sqm
* No. Of Bedrooms: Three (3)
* No. Of Toilet & Bath: Two (2)
* Living Area
* Dining Area
* Three Bedrooms
* 2 Toilet and baths
* Kitchen
* Provision for One-car Garage
Materials & Finish
* Pre-painted G.I. Shoot Roofing
* Steel Casement Window
* Painted Exterior and Interior Wall Finish
* Tiled Kitchen Counter
* Tiled Bathroom Flooring
* Floor Cement Finish
* Provisions for CATV, Telephone, Air Condition Outlet
Sample Computations
BANK FINANCING:
Selling Price: P1,200,000
Add: Legal & Miscellaneous fee: P 96,000
Total Contract Price - P1,296,000
Total Down Payment – P162,000
Less Reservation Fee - P10,000.00
Total Net equity - P152,000 (15 months to pay at 0% interest)
Monthly Down payment P 10,133.33
Loanable Amount - P 1,134,000.00
Monthly Amortization:
05years: P 23,526.87
10years: P 14,291.99
15years: P 11,370.54
20years: P 10,018.67
*NOTE: MRI&FIRE INSURANCES INCLUDED
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IN-HOUSE FINANCING:
Total Selling Price : P1,200,000
Add: Legal & Miscellaneous fee: P54,000
Total Contract Price – P1,254,000
Total Down Payment (30%) – 376,200
Less Reservation Deposit – P10,000.00
Total Down Payment: P 366,200.00 (24 months to pay at 0% interest)
Monthly Down payment P 15,258.33
Loanable Amount – P 877,800.00
Monthly Amortization:
10 years @ 21% Interest Rate: 17,987.37
5 years @ 18% Interest Rate: 22,727.72
*NOTE: MRI&FIRE INSURANCES INCLUDED
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