PROPERTY DESCRIPTION:

CHARLOTTEMODEL UNIT

Typical Selling Price: Php2,489,000.00

House Type: Single Attached
Floor Area: 65 sq. m.
Lot Area: 110 sq. m.

Financing Available: IN-HOUSE and BANK Financing

Estimated House Turn-Over: 16 to 18 months from Reservation Date

INCOME REQUIREMENT = Gross Monthly Family Income of at least Php80,000.00

EXTERIOR HOUSE COLORS: Pink & Beige*

(*assigned per block and lot number)

HOUSE FEATURES:

• 3 Bedrooms
• 2 Toilet & Bath
• Living area
• Dining area
• Kitchen
• Provision for one (1) car garage
• Laundry & service area

HOUSE FINISHES:

• Painted sandblast finish for exterior wall
• Painted plain cement finish for interior wall
• Tiled toilet & bath
• Tiled kitchen counter with stainless steel sink
• Aluminum frame sliding windows
• Concrete stairs with wood planks
• Wood handrail with steel decorative railing
• Ceramic tiles for ground floor
• PVC tiles for second floor
• Concrete roof tiles
• Provision for CATV, Telephone & Air-conditioning units

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SAMPLE COMPUTATION

OPTION 1:  IN-HOUSE FINANCING

(Inner Lot = 110sqm LA; 65 sqm FA)

TOTAL INVESTMENT* = Php2,601,005.00

(*Total Contract Price - including Legal & Miscellaneous Fees)

Typical Selling Price: Php2,489,000.00

INITIAL INVESTMENT (20% Downpayment) = Php497,800.00

ADD: Legal & Misc. Fees: = Php112,005.00

Total Downpayment = Php609,805.00

LESS: Reservation Fee = Php30,000.00    

NET DOWNPAYMENT = Php579,805.00

Payable in 15 months @ 0% interest = Php38,653.67/month 

Total Loanable Amount = Php1,991,200.00

YOUR MONTHLY INVESTMENT:

(Monthly Amortization including Insurance Fees)

 5 YEARS @ 18% = Php51,470.49/month

10 YEARS @ 21% = Php40,717.49/month

* includes One year Advance Real Property Tax & Insurances, Advance Homeowners Dues
and Documentation/ Notarial Fees.  Transfer of Title cost not included

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OPTION 2:  BANK FINANCING

(Inner Lot = 110sqm LA; 65 sqm FA)

TOTAL INVESTMENT* =Php2,688,120.00

(*Total Contract Price - including Legal & Miscellaneous Fees)

Typical Selling Price: Php2,489,000.00

INITIAL INVESTMENT (20% Downpayment) = Php497,800.00

Less: Reservation Fee = Php30,000.00

NET DOWNPAYMENT = Php467,800.00

Payable in 15 months @ 0% interest = Php31,186.67/month

Loanable Amount = Php1,991,200.00

Add:  Legal & Misc. Fees = Php199,120.00

Total Loanable Amount = Php2,190,320.00

YOUR MONTHLY INVESTMENT:

(Monthly Amortization including Insurance Fees)

5 years = Php48,060.28

10 years = Php30,536.85

15 years = Php25,193.54

20 years = Php22,849.48

INCOME REQUIREMENT (GROSS MONTHLY FAMILY INCOME):

5 years = Php160,200.95

10 years = Php101,789.49

15 years = Php83,978.46

20 years = Php76,164.93

*includes Transfer of Title

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FULL DOWNPAYMENT = 7.5% DISCOUNT

SAMPLE COMPUTATION FOR CASH PAYMENT
Typical Selling Price = Php2,489,000.00
Less: Reservation Fee = Php30,000.00
SELLING PRICE NET OF RESERVATION FEE = Php2,459,000.00

10% discount within 7 days from date of reservation = Php2,213,100.00
9.5% discount within 8 to 30 days from date of reservation = Php2,225,395.00
9% discount within 31 to 60 days from date of reservation = Php2,237,690.00
8.5% discount within 61 to 90 days from date of reservation = Php2,249,985.00

* Legal, Miscellaneous and Reservation Fees not included in the computation
of the discount

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OPTION FOR BALCONY – add Php200,000.00 (added to the selling price)

Balcony size: 22.94 sq. m.

FREE SITE VIEWING

TRISH LOPEZ

Website: www.homesandlandphils.com; www.affordmagkabahay.multiply.com

E-mail: [email protected]

Mobile:  (+63)932-6959700

Landline: (+632)514-2745