OPTION 1: BANK FINANCING
Selling Price Php 4,456,000.00
Down Payment (20%)
Php 891,200.00
Less: Reservation Php 40,000
Net Down payment
Php 851,200.00
Payable in 15 months Php 56,746.67/mo for 15mos (NO Interest)
Loanable Amount Php 3,564,800.00
Add: Processing Fees Php 356,480.00
Total Loanable Amount Php 3,921,280.00
Monthly Amortization:
20 yrs
Php 39,149.27/mo.
15 yrs Php 43,345.79/mo.
10 yrs Php 52,911.79/mo.
05 yrs
Php 84,283.60/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 4,456,000.00
Down Payment (20%) Php 891,200.00
Add: Processing Fee (4.5%)
Php 200,520.00
Total Down Payment Php 1,091,720
Less: Reservation Php 40,000
Net Down payment
Php 1,051,720.00
Payable in 15mos Php 70,114.67/mo for 15mos (NO Interest)
Total Remaining Balance: Payable Through In-House Financing
80% Balance = P3,564,800.00
Monthly Amortization:
10 yrs Php 71,271.64/mo.
05 yrs
Php 90,522.49/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 4,456,000.00 AND UP
Typical Selling Price Php 4,456,000.00
Less: Reservation Fee Php 40,000.00
Selling Price Net of Reservation Fee
Php 4,416,000.00
10% Discount within 7 days < from the date of reservation Php 3,974,400.00
9.5% Discount within 8 to 30 days from the date of reservation Php 3,996,480.00
9% Discount within 31 to 60 days from the date of reservation Php 4,018,560.00
8.5% Discount within 61 to 90 days from the date of reservation Php 4,040,460.00