House Details

 

Features:

* Lot Area: 80m2 

* Floor Area: 52m2 

* No. Of Bedrooms: Three (3)

* No. Of Toilet and Bath: Two (2)

 

* Living Area

* Dining Area

* Kitchen

* Three Bedrooms

* Two Toilets and Baths

* Provision for One-car Garage

* With Family Courtyards for Selected Units

 

Materials & Finish

* Pre-painted G.I. Sheet Roofing

* Steel Casement Windows

* Painted Plain Cement Finish for Exterior Walls and Interior Walls

* Tiled Kitchen Counter with Stainless Kitchen Sink

* Tiled Toilet and Bath with Complete Set of Bathroom Fixtures (Including Tissue and Soap Holder)

* Plain Cement Finish for Ground and Second Floors

* Provision for CATV, Telephone, Air Condition Outlet

Sample Computations

 

BANK FINANCING:

Selling Price: P1,850,000

Add: Legal & Miscellaneous fee: P 148,000

Total Contract Price - P1,998,000

 

Total Down Payment – P249,750

Less Reservation Deposit - P20,000.00

Total Net equity - P229,750 (15 months to pay at 0% Interest)

 

Monthly Down payment P 15,316.67

 

Loanable Amount - P 1,748,250.00 

Monthly Amortization:

05years: P 36,241.40

10years: P 22,004.29

15years: P 17,500.38

20years: P 15,416.26

 

*NOTE: MRI&FIRE INSURANCES INCLUDED

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IN-HOUSE FINANCING:

Selling Price: P1,850,000

Add: Legal & Miscellaneous fee: P83,250 

Total Contract Price - P1,933,250

 

Total Down Payment – P579,975

Less Reservation Deposit - P20,000.00

Total Net equity – P 559,975.00 (24 months to pay at 0% Interest)

 

Monthly Down payment P 23,332.29

 

Loanable Amount - P 1,353,275.00 

Monthly Amortization:

05years: P 35,009.37 @ 18% Interest Rate

10years: P 27,701.33 @ 21% Interest Rate 

 

*NOTE: MRI&FIRE INSURANCES INCLUDED