OPTION 1: BANK FINANCING
Selling Price Php 2,533,000.00
Down Payment Php 506,600.00
Less: Reservation Php 30,000
Net Down payment
Php 476,600.00
Payable in 15 months
Php 31,773.33/mo for 15mos (NO Interest)
Loanable Amount Php 2,026,400.00
Add: Processing Fees Php 202,640.00
Total Loanable Amount Php 2,229,040.00
Monthly Amortization:
10 yrs Php 30,077.55/mo.
05 yrs
Php 47,910.76/mo
NOTE:
• Fire and MRI insurance not included.
• Move-in on the 16th to 19th month or after paying downpayment
• Processing Fees includes Transfer of Title.
• Interest rate is reference only.
• Prevailing interest rate will apply upon loan takeout.
• Bank terms for OFW is 10 yrs while locally employed has up to 15 yrs.
• Developer will process loan. Tied up with Metrobank and UCPB.
• Bank maximum approved amount will depend on salary & age (loan maturity is 55 yrs.).
OPTION 2: IN-HOUSE FINANCING
Selling Price Php 2,533,000.00
Down Payment (20%) Php 506,600.00
Add: Processing Fee Php 113,985.00
Total Down Payment Php 620,585.00
Less: Reservation Php 30,000
Net Down payment
Php 590,585.00
Payable in 15mos Php 39,372.33/mo for 15mos (NO Interest)
Total Remaining Balance: Payable Through In-House Financing
80% Balance = P2,026,400.00
Monthly Amortization:
10 yrs Php 40,514.15/mo
05 yrs
Php 51,457.24/mo
NOTE:
• Fire & MRI insurance not included. Estimated at .0005% of loanable amount.
• Transfer of Title cost not included.
• Processing fees includes One year Advance Real Property Tax & Insurances,
Advance Homeowners Dues and Documentation/Notarial Fees.
• In-house processing will be processed by the Developer. Buyer just need to submit requirements
OPTION 3: CASH PAYMENT SCHEME
(Legal & Miscellaneous Fees and Reservation Fee not included in the computation of the discount)
PRICE STARTS AT PHP 2,533,000.00 AND UP
Typical Selling Price Php 2,533,000.00
Less: Reservation Fee Php 30,000.00
Selling Price Net of Reservation Fee
Php 2,503,000.00
10% Discount within 7 days < from the date of reservation Php 2,252,700.00
9.5% Discount within 8 to 30 days from the date of reservation Php 2,265,215.00
9% Discount within 31 to 60 days from the date of reservation Php 2,277,730.00
8.5% Discount within 61 to 90 days from the date of reservation Php 2,290,245.00