| RIDGEWOOD HEIGHTS ( Residential Estate ) TAGAYTAY DEVELOPER: STA. LUCIA REALTY & DEVELOPMENT, INC. ** Cool weather, balmy winds & foggy mists create the all year vacation ambience for the TAGAYTAY resident. At 2,500 feet above sea level, one can always find in TAGAYTAY the perfect picnic spot, colorful flower gardens, & the treasure that is Taal. ** Located along Tagaytay-Nasugbo National Highway,Ridgewood Heights is only 90 minutes from the City of Makati. Features and Amenities: · 12 Hectares of prime real estate · Entry statement along National Road · Entrance gate and guardhouse · Clubhouse · Basketball · Badminton court · Swimming pool · Children’s playground · Landscaped open spaces · Concrete road network · Meralco electrical power · Centralized water system · Underground drainage system TERMS: ALTERNATIVE 1( 15% DOWNPAYMENT – 6 MONTHS TO PAY ) 85% BALANCE 5 OR 10 YRS. TO PAY @ 14% INTEREST P.A ALTERNATIVE 2 ( 20% DOWNPAYMENT - 3 MONTHS TO PAY ) 80% BAL. 5 0R 10 YRS. TO PAY @ FIRST YR. NO INTEREST ALTERNATIVE 3 ( 20% OUTRIGHT DOWNPAYMENT ) 80% BALANCE PAYABLE IN 2 YRS. TO PAY ZERO INTEREST Sample Computation: Residential lot only ( Lot range229 sqm. , 240 sqm. & 300 sqm. up ) | | INNER LOT | | LOT AREA | 240 sqm. | | PRICE/SQM. | P 5,500 | | TOTAL CONTRACT PRICE | P 1,320,000 | | | | | ALTERNATIVE 1 ( 15 % DOWNPAYMENT ) | | | | | | OPTION 1 | | | 15% DOWNPAYMENT | P 198,000 | | LESS RESERVATION FEE | P 5,000 | | 10% DISCOUNT WITH IN 7 DAYS | P 19,800 | | NET DOWNPAYMENT | P 173,200 | | | | | OPTION 2 | | | 15% DOWNPAYMENT PAYABLE IN 6 MONTHS | P 198,000 | | LESS RESERVATION | P 5,000 | | NET DOWNPAYMENT | P 193,000 | | MONTHLY FOR 6 MONTHS | P 32,166.70 | | | | | 85% BALANCE | P 1,122,000 | | | | | MONTHLY AMORTIZATION | | | SCHEME A. | | | 5 YEARS TO PAY @ 14% INTEREST P.A | P 26,108.94 | | | | | SCHEME B. | | | 10 YEARS TO PAY @ 14% INTEREST P.A | P 17,424.70 | | | | | | | | | | | ALTERNATIVE 2 ( 20% DOWNPAYMENT ) | | | | | | OPTION 1 | | | 20% DOWNPAYMENT | P 264,000 | | LESS RESERVATION FEE | P 5,000 | | 10% DISCOUNT WITH IN 7 DAYS | P 26,400 | | NET DOWNPAYMENT | P 232,600 | | | | | OPTION 2 | | | 20% DOWNPAYMENT PAYABLE IN 3 MONTHS | P 264,000 | | LESS RESERVATION | P 5,000 | | NET DOWNPAYMENT | P 259,000 | | MONTHLY FOR 3 MONTHS | P 86,333.33 | | | | | 80% BALANCE | P 1,056,000 | | | | | MONTHLY AMORTIZATION | | | SCHEME A. | | | 5 YEARS TO PAY | | | FIRST YEAR NO INTEREST | P 17,600 | | 2ND TO 5TH YEAR @ 14% INTEREST P.A | P 23,088.40 | | | | | SCHEME B. | | | 10 YEARS TO PAY | | | FIRST YEAR NO INTEREST | P 8,800 | | 2ND TO 10TH YEAR @ 14% INTEREST P.A | P 15,520. | | | | | | | | | | | ALTERNATIVE 3 ( 20% OUTRIGHT DOWN ) | | | 20% DOWNPAYMENT | P 264,000 | | LESS RESERVATION FEE | P 5,000 | | 10% DISCOUNT IN OUTRIGHT DOWN | P 26,400 | | NET DOWNPAYMENT | P 232,600 | | | | | 80% BALANCE | P 1,056,000 | | | | | MONTHLY AMORTIZATION | | | 2 YRS. TO PAY ZERO INTEREST | P 44,000 | | | | | NOTE: COVERED BY 24 MONTHLY POSTDATED CHECKS | NOTE: Thru in-house finance ** Discounts on downpayment - 10% discount if paid w/ in 7 days
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