House and lot for sale colleen house 2 storey 3 bedroom 2 toilet and bath wid garage and linear park

COLLEEN                     (2STRY, 3-BR wid Garage & Linear Park) SAMPLE COMPUTATION:

OPTION 1: BANK FINANCING

Total Selling price                        Php   1,416,000.00
Legal and Miscellaneous Fees (BANK LMF=8%xTSP)    Php     113,280.00
Total Contract Price     (TCP=TSP+LMF)        Php   1,529,280.00

DP/EQUITY (=20% xTSP)            Php     283,200.00
Less: Reservation                Php      20,000.00
Net DP/EQUITY                Php     263,200.00
Payable in 15 months                Php      17,546.67/mo

Loanable Amount (=TCP-DP/EQUITY)        Php   1,246,080.00

MONTHLY AMORTIZATION (=LAxfactor rate) :

05 yrs (10.5% int rate thru bank, or prevailing)    Php 26,783.11/mo.
10 yrs (10.5% int rate thru bank, or prevailing)    Php 16,813.98/mo.
15 yrs (10.5% int rate thru bank, or prevailing)    Php 13,774.04/mo.
20 yrs (10.5% int rate thru bank, or prevailing)    Php 12,440.48/mo.  
25 yrs (10.5% int rate thru bank, or prevailing)    Php 11,765.23/mo.                    

NOTE:
MRI & FIRE insurance not yet included (~P600).
1st DP/EQUITY payment 30-45days after date of reservation.
Move-in on the 16th to 18th month of after paying downpayment.
Developer will process the loan tied up with Metrobank and UCPB.
Option for a balcony, just add P90,000.00 on TSP.

                        
OPTION 2: IN- HOUSE  FINANCING

Total Selling price                            Php   1,416,000.00
Legal and Miscellaneous Fees (IN-HOUSE LMF=4.5%xTSP)    Php     63,720.00 (does not include transfer title)
Total Contract Price     (TCP=TSP+LMF)            Php   1,479,720.00

DP/EQUITY (=20% xTSP)                Php     283,200.00
Add LMF                        Php     63,720.00

TOTAL DP/EQUITY                 Php     346,920.00
Less: Reservation                    Php      20,000.00
Net DP/EQUITY                    Php     326,920.00

Payable in 15 months                    Php      21,794.67/mo

Loanable Amount (=TCP-TOTAL DP/EQUITY)
(80% of TSP)                    Php 1,132,800.00

MONTHLY AMORTIZATION (=LAxfactor rate) :

05 years @ 18%                               Php     28,765.67
10 yrs @ 21%                               Php     22,648.26

NOTE:
MRI & FIRE insurance not yet included (~P600).
1st DP/EQUITY payment 30-45days after date of reservation.
Move-in on the 16th to 18th month of after paying downpayment.
Developer will process the loan.
Option for a balcony, just add P90,000.00 on TSP.

OPTION 3: CASH PAYMENT SCHEME

(Legal & Miscellaneous Fees & Reservation Fee not included in the computation of the discount)
    
    PRICE STARTS AT PHP 1,416,000 AND UP    
Total Selling Price                        Php 1,416,000.00
Less: Reservation fee                    Php      20,000.00
Selling Price Net of Reservation Fee                Php 1,396,000.00

10% Discount within 7 days from the date of reservation        Php 1,256,400.00
9.5%Discount within 8 to 30 days from the date of reservatioin    Php 1,263,380.00
9%  Discount within 31 to 60 days from the date of reservation        Php 1,270,360.00
8.5%Discount within 61 to 90 days from the date of reservation    Php 1,277,340.00
            
*Additional Legal Miscellaneous Fees (LMF}             Php      63,720.00
*Option for a balcony, just add P90,000.00 on TSP.

CONTACT PERSON: JENNIFER BAIZA

CONTACT NOS.

SUN CELLULAR: 09324562837

SMART: 09286227424

GLOBE: 09173411389

Landline no: 02-8819684