3BR/1T&B NO DOWN 774,000/unit 7,500 to Reserve 6,615/mo. Promo Equity for 12Mos. 7,134/mo. Pagibig Amortization Lot Area:48sqm-House Area:40sqm. Near Makati & Manila Via Coastal Road PAYMENT OPTION 1
SAMPLE COMPUTATION - PAG-IBIG FINANCING (This Unit Will be Ready for Occupancy in 12-14 mos.) MANOR B MODEL Lot Area: 48 sqmeter Floor Area: 40 sqmeter INNER UNIT NOT FACING EAST/MORNING SUN
Selling Price..................................774,000.00 Add: Processing Fee.....................92,880.00 Total Contract Price....................866,880.00 Less: Loanable to Pag-ibig.........750,000.00 Required Equity..............................116,880.00 Less: Reservation............................7,500.00 Net Equity......................................109,380.00 Monthly Equity for 12 mos...............9,115.00 Balance Loanable to Pag-ibig......750,000.00 Monthly PAG-IBIG Amortization: 5 yrs....@ 7%..............14,850.83 10 yrs @ 7%................8,708.10 15 yrs @ 7%................6,741.15 20 yrs @ 7%................5,814.00 25 yrs @ 7%................5,300.00 30 yrs @ 7%................4,989.00
NOTE: 1. Option 1 & 2 are same house, block and lot. Buyer choice is only on given Required Equity. If Buyer wants lowest amortization (4,989.00), then Required Equity must be increased so as to achieve a Php750,000 Loanable amount to Pagibig. Only 7% interest rate. 2. Compare interest rate above and below. Monthly amortization varies because equity given in Option 1 is bigger than below.
PAYMENT OPTION 2
SAMPLE COMPUTATION - PAG-IBIG FINANCING (This Unit Will be Ready for Occupancy in 12-14 mos.) MANOR B MODEL Lot Area: 48 sqmeter Floor Area: 40 sqmeter INNER UNIT NOT FACING EAST/MORNING SUN
Selling Price..................................774,000.00 Add: Processing Fee.....................92,880.00 Total Contract Price....................866,880.00 Less: Loanable to Pag-ibig.........780,000.00 Required Equity..............................86,880.00 Less: Reservation............................7,500.00 Net Equity......................................79,380.00 Monthly Equity for 12 mos...............6,615.00 Balance Loanable to Pag-ibig......780,000.00 Monthly PAG-IBIG Amortization: 5 yrs....@ 7%..............16,765.24 10 yrs @ 7%................10,524.96 15 yrs @ 7%................8,622.11 20 yrs @ 7%................7,787.36 25 yrs @ 7%................7,364.61 30 yrs @ 7%................7,134.96 REQUIRED DOCUMENTS - PAG-IBIG FINANCING (Local / OFW) (Must be submitted withinin 15-30 days from Reservation date) 1.) 3 pcs. ID picture 1x1 (applicant) 2.) 2 Valid ID's (if married: husband & wife & Attorney-in-Fact) 3.) Cedula 4.) Birth Certificate (if single) or Marriage Contract ( if Married) 5.) Proof of Billing Address or Certification from Owner if Renting 7.) MSVS - Membership Status Verification Slip from Pag-ibig) 8.) Pag-ibig Counselling from the Developer 9.) TIN 10.) Certificate of Employment with Compensation 11.) ITR (only for loan above 750K) 12.) Postdated checks: Developer will give a Bank Referral Letter so Buyer can open a checking account. Only Php5,000 needed to open an account.
A.) 12 pcs. Or as per Downpayment/Equity term choosen B.) 44 pcs. for Monthly Amortization C. ) 2 pcs. Realty Property Tax (2 yrs.) D. TOTAL 58 CHECKS
FOR OFW, PLEASE ADD THE FOLLOWING: 13.) Passport 14.) Copy of Job Contract or Certificate of Employment. |