Sample Computations
Cypress Model
Bank Financing - 12 months to pay downpayment> No interest
|
Selling Price |
Php750,000.00 |
|
Add: Processing Fees |
60,000.00 |
|
Total Contract Price |
810,000.00 |
|
Less: Loanable to BDO Bank |
729,000.00 |
|
10% Required DP |
81,000.00 |
|
Less: Reservation Fee |
7,500.00 |
|
Net Required DP |
73,500.00 |
|
Downpayment in 12 mos. |
6,125.00 |
|
Bank Amortization to Start After 12 mos. |
20 yrs @ 10%7,379.00 |
INHOUSE FINANCING
Add: Processing Fees..........60,000.00
Total Contract Price..........810,000.00
Less: Loanable to BDO Bank....729,000.00
10% Required DP............ 81,000.00
Less: Reservation Fee...........7,500.00
Net Required DP ................73,500.00
Downpayment in 12 mos...........6,125.00
Bank Amortization to Start After 12 mos.
20 yrs @ 10%.....................7,379.00
Note:
The Cypress is strictly PAGIBIG Financing only. Bank & Inhouse not accepted.
Maximum terms of loan varies depending Buyer's age.
Loan must be paid before Buyer reaches 65 yrs. old.
STRICTLY NO DOWNPAYMENT HERE.
Monthly Equity is for Loan Processing as Listed Below.
Processing Fees includes Transfer of Title, Advance One Year Fire/MRI insurance.
Also includes One year advance property tax and other blueprints.
Corner/End Lots are not yet available.
Pines Model
OPTION 1-Bank Financing
Lot area 50 square meters
Floo area 60 square meters
Total Contract Price --------------------------1,166,400.00
20% required Downpayment ----------------233,280.00
Less:resevation ------------------------------10,000.00
Net Downpayment -----------------------------223,280.00
Monthly Downpayment (24mos) -----------9,303.33
Balance After Downpayment ----------------993,120.00
Bank Monthly amortization
20 years ---------------------------------------9,522.78
15 years ---------------------------------------10,545.32
10 years --------------------------------------12,849.22
05 years ---------------------------------------20,344.01
Oakwood B Model
0PTION 1 - Bank Financing
Total Contract Price ---------------------------------------1,809,000.00
20% required downpayment ----------------------------361,800.00
Less: reservation -------------------------------------------20,000.00
Net Downpayment -----------------------------------------341,800.00
Monthly Downpayment (24mos) ------------------------14,241.67
Balance After Downpayment --------------------------1,447,200.00
Bank Monthly Amortization
20 years ---------------------------------------------------14,706.17
15 years ----------------------------------------------------16,292.06
10 years ---------------------------------------------------19,865.23
05 years ---------------------------------------------------31,489.10
OPTION 2 In-House Financing
Total Contract Price --------------------------------------1,750.000.00
30% required downpayment ----------------------------525,112.50
Less: reservation Fee -------------------------------------20,000.00
Net Downpayment ----------------------------------------505,112.50
Monthly Downpayment (30mos) -----------------------16,837.08
Balance After Downpayment --------------------------1225,262.50
In-House Monthly Amortization
10 years ---------------------------------------------------25,154.03
05 years ---------------------------------------------------31,770.77
Amenities
•Entrance Gate •Basketball Court
•Clubhouse •Swimmingpool
•Shuttle Service •Concrete Road Network
•24 hours Security •Centralize Water System
•Electricity Powerd By Meralco
•Chapel
Swimming Pool
School inside Carmona Estates
Elementary and Highschool
Required Documents Bank Financing
:3 pcs. ID picture 1x1 (applicant)
:2 Valid ID's (if married: husband & wife & Attorney-in-Fact)
:Cedula
:Birth Certificate (if single) or Marriage Contract ( if Married)
:Proof of Billing Address or Certification from Owner if Renting
:Payslip (6 months)
:Photocopy of Bank Book (last 6 months)
:TIN
:Certificate of Employment with Compensation - Consularized
:Latest Income Tax Return or ITR (OFW are exempted)
:Postdated Checks:
Developer will give Bank Referral Letter so Buyer can open a checking
account. Only Php5,000.00 to open an account.
a 12 pcs. Downpayment or According to DP terms
b 36 pcs. for Monthly Amortization
c 1 pc. Guarantee Check
d 4 pcs. Real Property Tax for 5 yrs. or 9 pcs. for 10 yrs.
e Total Checks-------53 pcs.
Developer will give Bank Referral Letter so Buyer can open a checking
account. Only Php5,000.00 to open an account.
If OWF Add this Documents
:Passport
:Special Power of Attorney duly Consularized in place of Work
:Job Contract
Required In-House Financing
1. Valid ID & TIN No.
2. 3 pcs. ID picture 1x1 (husband & wife & Atty. in Fact)
3. Residence Certificate (husband & wife Atty in Fact)
4. Birth Certificate (for Single) or Marrriage Contract (for Married)
5. Certificate of Employment
6. Postdated checks:
Developer will give a Bank Referral Letter so Buyer
can open a checking account. Only Php5,000.00 to open an account.:
A. 12 pcs. as per Dp/Equity term choosen
B. 36 pcs. for Monthly Amortization
C. 1 pc. Guarantee Check
D. 4 pcs. Real Property Tax for 5 yrs. or 9 pcs. for 10 yrs.
E. TOTAL CHECKS .....53 CHECKS
IF BUYER IS AN OFW, ADD THESE DOCUMENTS:
7. Passport
8. Special Power of Attorney
For Free Triping And House Viewing
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Ms.Laiza Marie Hernandez
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