PROJECT : AMANDALA VILLAGE CARMONA ESTATE SUBDIVISION LOCATION : Carmona, Cavite HOUSE MODEL : THE PINES (single attached) HOUSE SPECIFICATION: LOT AREA : 80 sq.m. FLOOR AREA: 60 sq.m. 3 Bedrooms, 2 toilet & bath, balcony, living room kitchen ,dining area, laundry/service area, provision for front lawn, provision for CATVm teephone & air-conditioning unit. HOUSE FINISHES: Pre-painted Long span roofing, tiled toilet and bath, ceramic bathroom fixtures, interior & exterior wall paint finish. SELLING PRICE : 1,100,000 Processing Fee : 49,500 Total Selling Price : 1,149,500 Reservation : 20,000 EQUITY = 20% of the selling price plus processing fee = 0.20 ( 1,100,000) +49,500 = 220,000 + 49,500 = 269,500 less 20,000 (reservation) = 249,500 ( payable in 15 months) monthly equity= 16,633.33/month Note: Monthly amortization will start after the downpayment is fully paid. For example: Date of reservation : March 4, 2008 First monthly equity : April 5, 2008 Last monthly equity : June 5, 2009 First Monthly amortization : July 5, 2009 BALANCE = 80% of the selling price = 0.80 ( 1,100,000) = 880,000 loanable amount thru In-house financing) @ 18% int) 5 years to pay = 22,346.19 10 years to pay= 17,593.93 2.) PAG –IBIG FINANCING ( Individual application since the developer not offer Pag-ibig financing on this PINES Model ( single attached) MO. AMORTIZATION REMAINING BALANCE = 880,000 10 yrs. = 11,874.28 15 yrs. = 9,727.51 20 yrs. = 8,785.74 25 yrs. = 8,308.80 30 yrs. = 8,049.70 |
