Affordable house with Linear park and Country club for P1.4M

Linear Park Colleen

Colleen is located at Lancaster Alapan Imus Cavite..every house has a linear park which only the big subdivisions provide at a higher price enjoy a quality time with your family with a soon to be build country club for the linear park residences..a road is being built that will have access to baclaran and alabang so it will be very accesble in the very near future….

Lot Area:80 sqm.
Flr Area:72.22 sqm
Balcony:19.88 sqm.

House Features:

(2) Storey
(3) Bedrooms
(2) Toilet & Bath
Living Area
Dining Area
Kitchen
Balcony
Laundry/ Service Area
Provision for(1) Car Garage
Provision for Lanai
Provision for CATV
Provision for Tel.
Provision for Air-Conditioning Units House

House Finishes:

Concrete Roof Tiles
Painted Finished Exterior & Interior Walls
Tiled Kitchen Counter with Stainless Kitchen Sink
Steel Casement Windows

Amenities:

Clubhouse
Swimming Pool
Covered Basketball Court ·1
Wishing Well
Picnic Grounds
Water Tank
24-Hour Security

Sample Computations for Linear Park
Colleen House Model

In-House Financing Scheme
(Inner Lot)

Floor Area: 60 sq. m.
Lot Area: 80 sq.m.

Typical Selling Price     PHP 1,300,000.00  
Legal and Misc. fees     PHP 58,500.00
Total Contract Price     Php 1,358,500.00

DP/Equity Payment     Php 260,000.00
ADD: LEGAL & MISC. FEES Php 58,500.00
Less:Reservation Fee     Php 20,000.00
Net Equity             Php 298,500.00
In 15 months             Php 19,900.00
Loanable Amount ( 80%)     Php 1,040,000.00

5 years to pay with 18% interest      Php 26,409.16
10 years to pay with 21% interest      Php 20,792.89

24-Month Graduated Equity Term for LV2
 
Typical Selling Price             Php 1,300,000.00
Legal and Miscellaneous fees     Php 58,500.00
Total Contract Price             Php 1,358,500.00

Downpayment 20 %             Php 260,000.00
Add Legal Miscellaneous fees     Php 58,500.00
Total Dp                     Php 318,500.00
Less reservation             Php 20,000.00
Net Dp                             Php 298,500.00

24-Month Graduated Equity Term for LV2 Month     
<% Of Net Equity     

Monthly Payment
1 to 4       10%     7,462.50
5 to 8       12%     8,955.00
9 to 12       14%     10,447.50  
13 to 16       16%     11,940.00
17 to 20      20%     14,925.00
21 to 24     28%     20,895.00
TOTAL       100%     298,500.00
 
5 YEARS @ 18%                       Php 26,409.16  
10 years to pay with 21% interest      Php 20,792.89
Loanable Amount ( 80%)                    Php 1,040,000.00

BALOON DISCOUNT FOR 24 MONTHS GRADUATED EQUITY TERM  DOWNPAYMENT       260,000.00

LEGAL & MISC. FEE       58,500.00<
TOTAL DOWNPAYMENT      318,500.00
RESERVATION FEE       20,000.00
NET EQUITY               298,500.00
TOTAL SELLING PRICE      1,300,000.00
LEGAL & MISC. FEE     58,500.00
TOTAL CONTRACT PRICE       1,358,500.00
      
TERMS(# OF DAYS)      DISC. RATE      DISC. AMOUNT       DISCOUNTED DP
30                      7.5%            22,387.50       276,112.50
31-60                   7%              20,895.00       277,605.00
61-90                    6.5%            19,402.50       279,097.50
91-120                  6%              17,910.00       280,590.00
121-150                 5.5%            16,417.50       282,082.50
151-180                    5%              14,925.00       283,575.00                    
181-210                 4.5%            13,432.50       285,067.50                                 
211-240                 4%              11,940.00       286,560.00   

Selling is good..but helping clients find their dreamhouse is an accomplishment…

YM id: dreamhousephil@yahoo.com
website:http://www.dreamhousephil.com/