Low Monthly Amortization of Php 8k/mo for 20 yr Term through Bank Financing
FLOOR PLAN
DIMENSIONS
Ground Floor
Living and Dining Area - 11.60 sqm (124.80 sq.ft)
Kitchen Area - 3.50 sqm (37.65 sq.ft)
Bedroom 1 - 6.00 sqm (64.55 sq.ft)
Toilet and Bath - 2.00 sqm (21.52 sq.ft)
Second Floor
Master's Bedroom - 9.40 sqm (101.13 sq.ft)
Bedroom 2 - 6.40 sqm (68.85 sq.ft)
Toilet and Bath - 3.40 sqm (36.58 sq.ft)
Stairway Area - 8.00 sqm (86.06 sq.ft)
FEATURES
UNIT FINISHES
Floor Area: 50 sq. m.
Lot Area: 50 sq. m.
Three (3) Bedrooms
2 Toilet and Bath
Living Area
Kitchen Area
Dining Area
Laundry / Service Area
Provision for one (1) Car Garage
Provision for Front Lawn
Provision for Balcony
Provision for CATV,
Telephone and Air-conditioning Unit
Pre-Painted G.I. Sheets
Steel Casement Windows
Pre-Cast Panel System
Painted Exterior and Interior Walls Floor Cement Finish
Tiled Kitchen Counter
Tiled Bathroom Flooring Water Closet
UNIT PHOTOS
LIVING AREA (Dressed-Up)
KITCHEN (Dressed-Up)
BEDROOM (Dressed-Up)
LIVING AREA (Turn-Over)
TOILET AND BATH (Turn-Over)
BEDROOM (Turn-Over)
SAMPLE COMPUTATION
PRICE STARTS AT PHP 1,010,000.00 AND UP Updated may 15, 2013
TERMS
BANK FINANCING
IN-HOUSE FINANCING
12.5% DP
24 Months DP
Selling Price
Php 1,010,000.00
Php 1,010,000.00
Add: Legal and Misc Fees
Php 80,800.00
Php 45,450.00
Total Package Price
Php 1,090,800.00
Php 1,055,450.00
Down Payment
Php 136,350.00 (12.5%)
Php 316,635.00 (30%)
Less: Reservation
Php 10,000.00
Php 10,000.00
Net Down Payment
Php 126,350.00
Php 306,635.00
Monthly DP
Php 8,423.33 (15mos)
Php 12,776.46 (24mos)
Total Loanable Amt.
Php 954,450.00 (87.5%)
Php 738,815.00 (70%)
Monthly Amortization based on 8% (Indicative Rate Only. Prevailing Bank Rates will Apply):
20yrs.
Php 7,983.40
15yrs.
Php 9,121.22
10yrs.
Php 11,580.11
Php 14,771.25
05yrs
Php 19,352.80
Php 18,761.04
NOTE:
MRI and FIRE Insurance not included.
Move-in after 15th month.
Monthly Amortization payments will a month after the last Down Payment.
Processing Fees includes Transfer of Title for Bank Financing. Not yet included for In-House.
Interest rate is for reference only. Prevailing interest rate will apply upon loan takeout.
Bank terms for OFW is 15yrs and locally employed is up to 20yrs.
Developer will process loan. Homebuyer just need to submit Requirements. Tied up with MBTC.
Bank maximum approved amount will depend on salary & age (loan maturity is 65 yrs.)
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.
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