OPTION 1: BANK FINANCING
Selling Price Php 3,262,000.00
Down Payment Php 652,400.00
Less: Reservation Php 40,000
Net Down payment
Php 612,400.00
Payable in 15 months Php 40,826.67/mo for 15mos (NO Interest)
Loanable Amount Php 2,609,600.00
Add: Processing Fees Php 260,960.00
Total Loanable Amount Php 2,870,560.00
Monthly Amortization:
20 yrs
Php 28,659.09/mo.
15 yrs Php 31,731.14/mo.
10 yrs Php 38,733.90/mo.
05 yrs
Php 61,699.53/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 3,262,000.00
Down Payment (20%) Php 652,400.00
Add: Processing Fee (4.5%)
Php 146,790.00
Total Down Payment Php 799,190.00
Less: Reservation Php 40,000
Net Down payment
Php 759,190.00
Payable in 15mos Php 50,612.67/mo for 15mos (NO Interest)
Total Remaining Balance: Payable Through In-House Financing
80% Balance = P2,609,600.00
Monthly Amortization:
10 yrs Php 52,174.17/mo.
05 yrs
Php 66,266.69/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 3,262,000.00 AND UP
Typical Selling Price Php 3,262,000.00
Less: Reservation Fee Php 40,000.00
Selling Price Net of Reservation Fee
Php 3,222,000.00
10% Discount within 7 days < from the date of reservation Php 2,899,800.00
9.5% Discount within 8 to 30 days from the date of reservation Php 2,915,910.00
9% Discount within 31 to 60 days from the date of reservation Php 2,932,020.00
8.5% Discount within 61 to 90 days from the date of reservation Php 2,948,130.00