South View Homes 2 In Pacita Complex San Pedro Laguna Real Estate Philippines

Quotation for Standard House Model in Southview Homes 2 - Extension (Phase 2)

Specifications:

SA-2 STOREY MODEL ( Single Attached 2 Bedrooms / 1 Toilet & Bath )

Floor Area = 51 sqm

Lot Area = 75 sqm

* TCP base from 51 sqm Floor Area / 75 sqm Lot Area (SA-2 Storey Model):

I.)  20% Down Payment / 80% Loanable Financing Scheme

Floor Area =   

51 sqm

x

 22,800/sqm

    1,162,800.00

Lot Area     =

75 sqm

x

7,750/sqm

       581,250.00

Total Selling Price

    1,744,050.00

Plus 5% Processing Fee

          87,202.50

Total Contract Price

    1,831,252.50

Down Payment (20% of TCP)

       366,250.50

Loanable Amount (80% of TCP)

    1,465,002.00

A.)  SPOT CASH

Total Contract Price

    1,831,252.50

Less: Discount ( 5% of TSP )

          87,202.50

Net of Total Contract Price

    1,744,050.00

Less: Reservation Fee

          20,000.00

CASH OUT

    1,724,050.00

B.)  BANK FINANCING

20% Down Payment

       366,250.50

Less: Reservation Fee

          20,000.00

Net Down Payment

       346,250.50

Equity Options:

a) 6 months to pay @ 0% interest

          57,708.42

or

b) 12 months to pay

     1st to 6th month @ 0% interest

          28,854.21

     7th to 12th month w/ 16% interest

          55,872.42

or

c) Spot Down Payment

     Net Down Payment

       346,250.50

     Less: Discount (2.5% of 20%  of TSP)

            8,720.25

     CASH OUT

       337,530.25

Loanable Amount (80% of TCP)

    1,465,002.00

*Estimated Monthly Amortization thru Bank Financing

MA 10 yrs @ 9.5% p.a. (psbank)

          18,956.77

MA 15 yrs @ 10.00% p.a. (psbank)

          15,742.99

MA 20 yrs @ 10.25% p.a. (psbank)

          14,381.10

MA 25 yrs @ 10.25% p.a. (psbank)

          13,571.53

* Note:

Prices are subject to change without prior notice.

Monthly Amortization's Interest rate  was based on PSBank promo guaranteed fixed rates (until June 30, 2012 only).

MRI & Fire insurance is not yet included