FOR INQUIRIES AND FREE SITE VIEWING PLEASE CONTACTl: MARLON - TopicsExpress



          

FOR INQUIRIES AND FREE SITE VIEWING PLEASE CONTACTl: MARLON QUINTO 09255273030 INNER UNIT – flr area 46sqm – lot area 36sqm TOTAL CONTRACT PRICE P1,144,363 RESERVATION FEE P10,000 For BANK FINANCING Total Equity = 10% of TCP = P114,436 MONTHLY DOWN PAYMENT for 10 MONTHS P10,444 Loanable Amount (90%) = P1,029,927 Monthly amortization for 10 years @ 10% P.A – P13,611 a month Monthly amortization for 15 years @ 10% P.A – P11,068 a month Monthly amortization for 20 years @ 10% P.A - P9,939 a month Estimated bank charges P37,192 Estimated gross monthly salary should be 3x the monthly amortization to qualify for the bank loan. For IN-HOUSE FINANCING Total Equity = 10% of TCP = P114,436 MONTHLY DOWN PAYMENT for 6 MONTHS 17,406 Loanable Amount (90%) = P1,029,927 Monthly amort. for 5 YEARS @ 16%P.A = P25,046 a month Monthly amort. for 10 YEARS @ 18%P.A = P18,558 a month Monthly amort. for 15 YEARS @ 18%P.A = P16,586 a month Estimated MRI P6,180 Estimated Fire Insurance P1,500 For PAGIBIG FINANCING Total Equity = 15% of TCP = P172,363 MONTHLY DOWN PAYMENT for 15 MONTHS P10,824 Loanable Amount (85%) = P972,000 Monthly amortization for 15 YEARS @ 7.985% = P9,281 a month Monthly amortization for 20 YEARS @ 7.985% = P8,121 a month Monthly amortization for 30 YEARS @ 7.985% = P7,122 a month Jessie Cruz Jr Arlene Dela CruzAriel Osabel Labra
Posted on: Sun, 25 May 2014 14:52:48 +0000

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