Lancaster New City
2000000
52
FOR SALE: House - Cavite
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PROPERTY DESCRIPTION:
Sophie House and Lot, Lancaster New City
HOUSE FEATURES
House Type : Single Attached 2-storey
Floor Area: 52 sq. m.
Lot Area: 80 sq. m.
Three (3) Bedrooms with Partition
Two (2) Toilet and Bath
Dining Area
Kitchen
Provision for Lanai
Provision for One (1) Car Garage
DIMENSIONS
Ground Floor
Kitchen, Living, Dining – 13.85 sqm (149 sqft)
Bedroom 1 – 6.60 sqm (71 sqft)
Toilet and Bath – 2.65 sqm (28.5 sqft)
Second Floor
Bedroom 2 – 6.60 sqm (71 sq.ft)
Master’s Bedroom – 11.10 sqm (119.41 sq.ft)
Toilet and Bath – 3.35 sqm (36 sqft)
Others – 7.95 sqm (85.53 sqft)
Dressed-Up
Turn-Over
HOUSE FINISHES
Tiled Toilet & Bath
Tiled Kitchen Counter with stainless kitchen sink
Interior and exterior wall paint finish
Steel casement windows
UNIT DETAILS
House Model
SOPHIE READY HOME
Floor Area
52 sq.m.
Lot Area
80 sq.m.
List Price
Php
1,794,000.00
Add: Processing Fee
215,280.00
Total Contract Price
Php
2,009,280.00
LOW DOWNPAYMENT 5.50% AT ZERO INTEREST
Required Downpayment (5.50%)
110,510.40
Less: Reservation Fee
20,000.00
Net Downpayment
90,510.40
Monthly Downpayment (1st – 6th month)
15,085.07
Buyer may MOVE-IN after the 6th DP and starts Temporary In-house Amortization*
Monthly Payment (7th – 15th month)
16,553.45
Monthly Amortization thru Bank Financing @ 7.75% interest
Loanable Amount thru Bank Financing
1,758,120.00
5 years to pay
Php
35,438.35
10 years to pay
21,099.31
15 years to pay (max. term for OFW)
16,548.76
20 years to pay (max. term for Locally Employed)
14,433.26
Gross Monthly Income Requirement
For 5 years to pay
Php
118,127.85
For 10 years to pay
70,331.03
For 15 years to pay
55,162.52
For 20 years to pay
48,110.87
* Sample Computation above excludes MIR & Fire insurance. Final computation from developer will include these insurances.
COMPLIANCES/REQUIREMENTS FOR EARLY MOVE-IN
Complete payment of Downpayment
Signed Letter of Guaranty (LOG) from the bank (approved bank loan)
Issuance of Post Dated Cheques (PDCs) for the Temporary Amortization (FINCO)
TERMS AND CONDITION OF PAYMENT
TOTAL CONTRACT PRICE (TCP) is already inclusive of Transfer Title Cost, VAT (if applicable), transfer taxes and other legal miscellaneous fee.
RESERVATION FEE is strictly NON-REFUNDABLE, NON-TRANSFERRABLE.
All requirements must be submitted within 60-90 days from reservation date.
Buyer must be approved for his/her home loan before the end of downpayment.
Bank Financing indicative interest rate is at 8%. Final interest rate will be based on prevailing bank rates upon loan take-out, subject to loan interest fixing term.
For Bank Financing, bank charge and transfer title cost is already INCLUDED in Total Contract Price.
In case of unit transfer/downgrade or upgrade, reservation fee is not transferable and will be forfeited. Transfer Fee of Php 10,000 and transfer is subject for approval.
Monthly payments (downpayment and FINCO) are covered by post dated checks.
Price above subject to change without prior notice. Please ask for updated quotation
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