Low DOWN PAYMENT of Php16,216/mo for 15 mos. through Bank Financing
FLOOR PLAN
DIMENSIONS
Ground Floor
Kitchen - 6.60 sqm (71 sq.ft)
Dining Area - 10.15 sqm (109.19 sq.ft)
Living Area - 11.00 sqm (118.34 sq.ft)
Toilet 1 (Ground Floor) - 4.20 sqm (45.18 sq.ft)
Second Floor
Bedroom 1 - 7.85 sqm (84.45 sq.ft)
Bedroom 2 - 7.00 sqm (75.30 sq.ft)
Master's Bedroom - 10.95 sqm (117.80 sq.ft)
Toilet 2 - 3.60 sqm (38.73 sq.ft)
Others - 10.97 sqm (118.02 sq.ft)
FEATURES
UNIT FINISHES
House Type : Single Attached 2-storey
Floor Area: 72 sq. m.
Lot Area: 100 sq. m.
Three (3) Bedrooms with Partition
Two (2) Toilet and Bath
Living Area
Dining Area
Kitchen
Provision for Lanai
Provision for One (1) Car Garage
Pre painted GI sheet roofing
Plain cement finish for interior and exterior walls
Tiled Toilet & Bath
Tiled Kitchen Counter with stainless kitchen sink
Interior and exterior wall paint finish
Steel casement windows
UNIT PHOTOS
LIVING AREA (Dressed-Up)
KITCHEN (Dressed-Up)
BEDROOM (Dressed-Up)
LIVING AREA (Turn-Over)
KITCHEN (Turn-Over)
BEDROOM (Turn-Over)
SAMPLE COMPUTATION
Range: Php 1,950,000.00 and Up (Updated may 15, 2013)
TERMS
BANK FINANCING
IN-HOUSE FINANCING
12.5% DP
24 Months DP
Selling Price
Php 1,950,000.00
Php 1,950,000.00
Add: Legal and Misc. Fees
Php 156,000.00 (8%)
Php 87,750.00 (4.5%)
Total Package Price
Php 2,106,000.00
Php 2,037,750.00
Down payment
Php 263,250.00 (12.5%)
Php 611,325.00 (30%)
Less: Reservation
Php 20,000.00
Php 20,000.00
Net Down payment
Php 243,250.00
Php 591,325.00
Monthly DP
Php 16,216.67 (15mos)
Php 24,638.54 (24mos)
Total Loanable Amt.
Php 1,842,750.00 (87.5%)
Php 1,426,425.00 (70%)
Monthly Amortization @ 8% (Indicative Rate Only. Prevailing Bank Rates will apply):
20 yrs.
Php 15,413.50
15 yrs.
Php 17,610.28
10 yrs.
Php 22,357.64
Php 28,518.75
05 yrs.
Php 37,364.33
Php 36,221.82
NOTE:
Fire and MRI insurance not yet included in the computation.
Move-in on the 16th to 18th month.
Monthly Amortization payments will start a month after the last Down Payment.
Processing Fees includes Transfer of Title for Bank Financing. Transfer of Title not yet included for In-house financing.
Interest rate is reference only. Prevailing interest rate will apply upon loan takeout.
Bank terms is up to 20 yrs. maximum.
Developer will process loan. Homebuyer just need to submit Requirements. Tied up with MBTC.
Bank maximum approved amount will depend on salary and age (Loan Maturity is 65 yrs for locally employed ; 60 yrs old for OFW).
BANK FINANCING
Interest rate is based on 8% interest per year (based on prevailing bank rates).
NO SALARY REQUIREMENT. As long as you’re employed, you are welcome to apply for our bank financing scheme provided that buyer must NOT have any history of cancelled credit card, unpaid loans, pending legal case (annulment, child custody, etc) that would reflect during the CMAP (credit background checking) of the bank.
NO HIDDEN CHARGES. Transfer of Title (TCT) cost is already included in the total contract price. Monthly amortization amount is exclusive of MRI & fire insurances.
Real property tax for one (1) year is included in the total contract price. Once the buyer has moved in, the principal buyer is the one who will pay for the realty tax annually as part of his/her legal responsibility as a property owner. Realty tax and tax declaration documents are also valid proof of property ownership.
Unit improvement cannot be made until the house/unit is turned over to the buyer.
Yes to BUY BACK GUARANTEE! Buy back guarantee means that in the event that the buyer defaults on his/her amortization payment, the condominium unit will NOT be foreclosed but instead, the developer will buy back the unit from the bank, pay the complete loan and the account will be automatically transferred to Inhouse financing. This means that you won’t lose your condominium unit and your hard-earned investment easily and you’ll still get the chance to continue your loan with the developer. Terms & condition apply.