The Colleen @ Lancaster Estates, Cavite Philippines Updated!

COLLEEN HOUSE MODEL

SAMPLE COMPUTATION - INHOUSE FINANCING

Lot Area: 80 sqm.
Floor Area: 60 sqm.

Selling Price: Php1,400,000.00
20% Required downpayment: Php280,000.00
Add Processing fee: Php63,000.00
Total Downpayment: Php343,000.00
Less: Reservation: Php20,000.00
Net downpayment: Php323,000.00
Payable in 15 mos. zero interest
Monthly DP in 15 mos. Php21,533.33
80% Balance: Php1,120,000.00

Inhouse Financing Monthly Amortization
5 yrs @ 18%:28,440.64
10 yrs @ 21%:22,392.35

PAGIBIG/BANK MONTHLY AMORTIZATION
20 yrs. @ 10%:11,180.00
25 yrs. @ 10%:10,573.00
30 yrs. @ 10%:10,274.00

Valid ID w/Picture

TIN No.
3 pcs. ID picture 1x1 (H&W & Atty. in Fact)
Residence Certificate (H&W & Atty. in Fact)
Birth Certificate (for Single) or Marriage Contract (for Married)
Certificate of Employment
Postdated checks: Developer will give a Bank Referral Letter so Buyer
can open a checking account. Only Php5,000.00 to open an account.
12 pcs. as per Dp/Equity term choosen
36 pcs. for Monthly Amortization
1 pc. Guarantee Check
4 pcs. Real Property Tax for 5 yrs. or 9 pcs. for 10 yrs.
TOTAL CHECKS: 53 CHECKS
Passport & job contract, if ofw
Special Power of Attorney

REQUIRED DOCUMENTS - BANK / PAG-IBIG FINANCING
3 pcs. ID picture 1x1 (applicant)
2 Valid ID's (if married: husband & wife & Attorney-in-Fact)
Cedula
Birth Certificate (if single) or Marriage Contract ( if Married)
Proof of Billing Address or authorization from Owner if Renting
Payslip (6 months)
Photocopy of Bank Book (last 6 months)
TIN
Certificate of Employment with Compensation - Consularized
Latest Income Tax Return (ITR)
Postdated Checks: Developer will give Bank Referral Letter so Buyer can open a checking account. Only Php5,000.00 to open an account
12 pcs. Downpayment or According to DP terms
Passport & job contract, if ofw