PROPERTY DESCRIPTION:

OAKWOOD
Typical Selling Price: Php1,700,000.00

House Type: Single Attached
Floor Area: 104 sq. m.
Lot Area: 88 sq. m.
Financing Available:  BANK and IN-HOUSE Financing

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

INCOME REQUIREMENT = Gross Monthly Family Income of at least Php52,000.00

HOUSE FEATURES:
• 4 Bedrooms
• 2 Toilet and Bath

• Wide Balcony
• Provision for 2 Car Port
• Living & Dining Room
• Kitchen & Laundry Area
• Provision for Front Lawn
• Provision for CATV, Telephone and Air-Conditioning Unit

HOUSE FINISHES:
• Long span Baked Painted GI Roofing
• Tiled Kitchen Counter with Stainless Kitchen Sink
• Tiled Toilet & Bath, Ceramic Bathroom Fixtures, Interior & Exterior Wall Paint Finish

SPECIAL FEATURES:
• Stainless Steel inside gutter
• Access of LPG Tank line to service area provided
• Provision for Cable TV
• Provision for telephone lines
• Provision for air-conditioning outlets
• Provision for Front Lawn

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SAMPLE COMPUTATION
Option 1: IN-HOUSE FINANCING
(Inner Lot = 88sqm LA; 104 sqm FA)

TOTAL INVESTMENT* = Php1,776,500.00

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

Typical Selling Price: Php1,700,000.00

INITIAL INVESTMENT (20% Downpayment) = Php340,000.00

ADD: Legal & Misc. Fees = Php76,500.00

Total Downpayment = Php416,500.00

LESS: Reservation Fee = Php20,000.00    

NET DOWNPAYMENT = Php396,500.00

Payable in 15 months @ 0% interest = Php26,433.33/month 

Total Loanable Amount = Php1,360,000.00

YOUR MONTHLY INVESTMENT:

(Monthly Amortization including Insurance Fees)

 5 YEARS @ 18% = Php35,242.74/month

10 YEARS @ 21% = Php27,898.39/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 = 88sqm LA; 104 sqm FA)

TOTAL INVESTMENT* = Php1,836,000.00

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

Typical Selling Price: Php1,700,000.00

INITIAL INVESTMENT (20% Downpayment) = Php340,000.00

Less: Reservation Fee = Php20,000.00

NET DOWNPAYMENT = Php320,000.00

Payable in 15 months @ 0% interest = Php21,333.33/month

Loanable Amount = Php1,360,000.00

Add:  Legal & Misc. Fees = Php136,000.00

Total Loanable Amount = Php1,496,000.00

YOUR MONTHLY INVESTMENT:

(Monthly Amortization, including Insurance Fees)
5 years = Php32,913.55
10 years = Php20,944.96
15 years = Php17,295.45
20 years = Php15,694.44

INCOME REQUIREMENT (GROSS MONTHLY FAMILY INCOME):

5 years = Php109,711.85

10 years = Php69,816.52

15 years = Php57,651.49

20 years = Php52,314.81

* includes Transfer of Title

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FULL DOWNPAYMENT = 7.5% DISCOUNT

SAMPLE COMPUTATION FOR CASH PAYMENT

Typical Selling Price = Php1,700,000.00
Less: Reservation Fee = Php20,000.00
SELLING PRICE NET OF RESERVATION FEE = Php1,680,000.00

10% discount within 7 days from date of reservation = Php1,512,000.00
9.5% discount within 8 to 30 days from date of reservation = Php1,520,400.00
9% discount within 31 to 60 days from date of reservation = Php1,528,800.00
8.5% discount within 61 to 90 days from date of reservation = Php1,537,200.00

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

 

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