PROPERTY DESCRIPTION:

MADISONMODEL UNIT

Typical Selling Price: Php2,483,000.00

House Type: Single Attached
Lot Area: 80 sq. m.
Floor 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

HOUSE FEATURES:

• 3 Storey
• 5 Bedrooms
• 3 Toilet & Bath
• Living Area
• Dining Area
• Kitchen
• Multi-Purpose Area
• Service Area
• Balcony
• Carport

HOUSE FINISHES:
 

• Painted Exterior / Interior Walls
• Tiled Toilet & Bath
• Tiled Kitchen Counter with Stainless Kitchen Sink
• Powder Coated Cathedral Window
• Decorative Accent Stones
• Provision for CATV, Telephone and Air-Conditioning Units
  
   

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SAMPLE COMPUTATION

OPTION 1 : IN-HOUSE FINANCING
(Inner Lot = 80sqm LA; 110sqm FA)

TOTAL INVESTMENT* = Php2,594,735.00

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

Typical Selling Price: Php2,483,000.00

INITIAL INVESTMENT (20% Downpayment) = Php496,600.00

ADD: Legal & Misc. Fees = Php111,735.00

Total Downpayment = Php608,335.00

LESS: Reservation Fee = Php30,000.00    

NET DOWNPAYMENT = Php578,335.00

Payable in 12 months @ 0% interest = Php48,194.58/month 

Total Loanable Amount = Php1,986,400.00

YOUR MONTHLY INVESTMENT:

(Monthly Amortization including Insurance Fees)

5 YEARS @ 18% = Php51,398.61/month

10 YEARS @ 21% = Php40,671.54/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 = 80sqm LA; 110sqm FA)

TOTAL INVESTMENT* = Php2,681,640.00

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

Typical Selling Price: Php2,483,000.00

INITIAL INVESTMENT (20% Downpayment) = Php496,600.00

Less: Reservation Fee = Php30,000.00

NET DOWNPAYMENT = Php466,600.00

Payable in 15 months @ 0% interest = Php38,883.33/month

Loanable Amount = Php1,986,400.00

Add:  Legal & Misc. Fees = Php198,640.00

Total Loanable Amount = Php2,185,040.00

YOUR MONTHLY INVESTMENT:

(Monthly Amortization including Insurance Fees) 

5 years = Php47,996.63

10 years = Php30,515.44

15 years = Php25,185.01

20 years = Php22,846.60

INCOME REQUIREMENT (GROSS MONTHLY FAMILY INCOME):

5 years = Php159,988.77

10 years = Php101,.718.12

15 years = Php83,950.03

20 years = Php76,155.33

*includes Transfer of Title

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FULL DOWNPAYMENT = 7.5% DISCOUNT

SAMPLE COMPUTATION FOR CASH PAYMENT

Typical Selling Price = Php2,483,000.00
Less: Reservation Fee = Php30,000.00
SELLING PRICE NET OF RESERVATION FEE = Php2,453,000.00

10% discount within 7 days from date of reservation = Php2,207,700.00
9.5% discount within 8 to 30 days from date of reservation = Php2,219,965.00
9% discount within 31 to 60 days from date of reservation = Php2,232,230.00
8.5% discount within 61 to 90 days from date of reservation = Php2,244,495.00

* 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