Monday, August 9, 2010

COLLEEN HOUSE MODEL: LANCASTER ESTATES


House Features:
 
1. Three (3) Bedrooms
2. Two (2) toilet & bath
3. Living Area
4. Dining Area
5. Kitchen Area
6. Provision for Lanai
7. Provision for Two (2) Car Garage

House Finishes:

1. Tiled toilet & bath
2. Tiled kitchen counter w/ stainless kitchen sink
3. Interior & Exterior Paint Finish
4. Steel Casement Windows

COMPUTATION 

COLLEEN AT LANCASTER VILLAGE


BANK FINANCING SCHEME FOR INNER LOT
Price Starts at PHP 1,416,000.00 and Up
             
  Typical Selling Price             1,416,000.00  
Legal & Miscellaneous Fees      113,280.00  
  Total Contract Price             1,529,280.00  
             
   Downpayment/Equity              283,200.00  
        Less:  Reservation                 20,000.00  
         Net Equity                          263,200.00  
       Payable in 12 months               21,933.33  
             
  Loan Amount                             1,246,080.00  
             
             
  Payable in Number of Years at MRI Fire Monthly Total Monthly  


  10.5 % Interest Rate per Annum  Insurance  Amortization Amortization  


  05 years             467.28             127.31            26,783.12            27,377.71  
  10 years             467.28             127.31            16,813.98            17,408.57  
  15 years             467.28             127.31            13,774.15            14,368.74  
  20 years             467.28             127.31            12,440.61            13,035.20  
             
  NOTE:  This computation is based on the current indicative rates. Interest rates vary per bank.
              The rate to be used will be based on the prevailing interest rate at the time of take out.




HAVEN HOUSE MODEL: LANCASTER ESTATES




HOUSE FEATURES:
  • House Type : Single Attached 2-storey
  • Floor Area: 80 sq. m.
  • Lot Area: 85 sq. m.
  • Four (4) Bedrooms with Partition
  • Two (2) Toilet and Bath
  • Living Area
  • Dining Area
  • Kitchen
  • Provision for Lanai
  • Provision for Two (2) Car Garage

House Finishes:

  • Tiled Toilet & Bath
  • Tiled Kitchen Counter with stainless kitchen sink
  • Interior and exterior wall paint finish
  • Steel casement windows

SAMPLE COMPUTATION FOR LANCASTER VILLAGES
HAVEN HOUSE MODEL

IN-HOUSE FINANCING SCHEME
(INNER LOT)

PRICE STARTS AT PHP 1,700,000.00 AND UP

TypiTypical Selling Price 1,700,000.00
Legal & Miscellaneous Fee Php 76,500.00
Total Contract Price Php 1,776,500.00

Loanable Amount Php 1,360,000.00
DP/Equity Payment Php 416,500.00
Less: Reservation Fee Php 20,000.00
Net Equity Php 396,500.00
Monthly Equity Payment
- Payable within 12 mos.
33,041.67

Monthly Amortization
(Excluding MRI/Fire)

6 years to pay with 18% interest Php 31,018.60
10 years to pay with 21% interest Php 27,190.71

 

CASH PAYMENT SCHEME
(INNER LOT)
(Legal & Miscellaneous Fees and Reservation Fee not included in the computation of the discount)

PRICE STARTS AT PHP 1,700,000.00 AND UP

Typical Selling Price Php 1,700,000.00
Legal & Miscellaneous Fee Php 76,500.00
Total Contract price Php 1,776,500.00
Less: Reservation Fee Php 20,000.00
Selling Price Net of Reservation Fee Php 1,680,000.00
Discount Php 170,000.00
Net of discount including LMF Php 1,586,500.00

 

BANK FINANCING SCHEME
(INNER LOT)

PRICE STARTS AT PHP 1,700,000.00 AND UP

Typical Selling Price Php 1,700,000.00
Legal & Miscellaneous Fee Php 76,500.00
Total Contract Price Php 1,776,500.00

Loanable Amount Php 1,436,500.00
DP/Equity Payment Php 340,000.00
Less: Reservation Fee Php 20,000.00
Net Equity Php 320,000.00
Monthly Equity Payment
- payable within 12 mos.
Php 26,666.67

Monthly Amortization

• Bank Financing computation is base on your bank of choice and subject to the bank’s requirements
• Bank’s prevailing interest at point of takeout shall apply
• Indicative interest rate shall be used in computing for monthly amortization
20 years to pay with 10.5% interest Php 14,341.73
*these are just sample computations

MANOR HOUSE MODEL: LANCASTER ESTATES



House Features:
  • Floor Area: 40 sq. m.
  • Lot Area: 40 sq. m.
  • Three (3) Bedrooms with Partition
  • One (1) Toilet and Bath
  • Living Area
  • Dining Area
  • Kitchen Area
  • Provision for One (1) Car Garage

 

House Finish:
  • Pre-painted Long Span Roofing
  • Painted Exterior and Interior Walls
  • Water Closet
  • Tiled Kitchen Count
  • er Tiled Bathroom Flooring
  • Floor Cement Finish
  • Steel Casement Windows
  • Pre-Cast Panel System

Manor Sample Computation

Option 1: PAG-IBIG FINANCING:
Total Contract Price Php 822,080.00        
Less: Loanable Amount to Pag-ibig Php 750,000.00
Required Equity Php 88,080.00
Less: Reservation Fee Php 7,500.00
Net Equity Php 80,580.00
Monthly Equity for 12 Months 0% Interest               Php 6,715.00

Monthly Pag-ibig Amortization:
Yrs to Pay
10 yrs @ 7%. Php 9,103.59
15 yrs @ 7% Php 7,178.63
20 yrs @ 7% Php 6,271.92
25 yrs @ 7% Php 5,768.99
30 yrs @ 7%                                    Php 5,464.55

NOTE:
  • The Manor is strictly PAGIBIG Financing and CASH Payment only. Bank and In-house Financing are not accepted.
  • Mortgage and Redemption Insurance and FIRE insurance are not yet included in the computation.
  • Move-in after 12 months or payment of equity.
  • Maximum terms of loan varies depending Buyer's age.
  • Loan must be paid before Buyer reaches 70 yrs. old.
  • Processing Fees includes Transfer of Title, Advance One Year Fire/MRI insurance.
  • One year advance property tax and other blueprints.


 

 

LANCASTER RESIDENCES


Lancaster Residences is located in Alapan, the municipality which will be the center of the next major estate development in Cavite.

The project is also strategically located near the proposed Cavite Coastal Highway extension. Pro Friends infrastructure development projects are also underway to connect this part of Cavite to Daang Hari, making access more convenient from other parts of Metro Manila and Laguna.

The project covers a total land area of about 150 hectares and is only 10 minutes away from the town proper of Imus. Thus, the project is near the major business and commercial establishments in the municipality.

Its amenities include an existing clubhouse with a swimming pool, landscaped parks, a children's playground, a basketball court, a separate function room, and a multi-purpose area.

Linear Park at Every Backyard

Lancaster Villages feature a linear park at every backyard. It is specifically designed to make family and neighborly ties stronger and for residents to enjoy the traditional comforts of home - vast spaces, good ventilation, abundant natural light and safe playground.
  • Parks and Playgrounds
  • Entrance Gate
  • With Existing Clubhouse and Swimming Pool
  • Shuttle Service to and from Major Establishments
  • 24-hour Security
  • Membership to the Country Club 
 HOUSE MODELS FOR LANCASTER RESIDENCES:




MANOR TOWNHOUSE MODEL

TOWNHOUSE
FLOOR AREA: 40 sqm.
LOT AREA: 40 sqm.
TOTAL  SELLING PRICE: P 730,000.00


HAVEN HOUSE MODEL
SINGLE ATTACHED
FLOOR AREA: 80 sqm.
LOT AREA: 85 sqm.
TOTAL SELLING PRICE: P 1,700,000.00


COLLEEN HOUSE MODEL

SINGLE ATTACHED
FLOOR AREA: 60 sqm.
LOT AREA: 80 sqm.
TOTAL SELLING PRICE: P 1,300,000.00



Please read specific blog posts for each house model of Bellefort Estates.

VIVIENNE HOUSE MODEL: BELLEFORT ESTATES



House Features:
• Single Detached
• Five (5) Bedrooms
• Three (3) Toilet & Bath
• Living area
• Dining area
• Kitchen
• Provision for Two (2) car garage
• Laundry & service area


House Finish:
• Painted sandblast finish for exterior wall
• Decorative stone accent for exterior wall
• Painted plain cement finish for interior wall
• Tiled toilet & bath
• Tiled kitchen counter with stainless steel sink
• Aluminum frame sliding windows
• Concrete stairs with wood planks
• Wood handrail with steel decorative railing
• Ceramic tiles for ground floor
• PVC tiles for second floor
• Concrete roof tiles
• Provision for CATV& Telephone
• Provision for Air-Conditioning Units
 
Vivienne House model Sample Computation
Typical Selling Price
4,400,000.00
Total Contract Price
4,598,000.00
20 % Down Payment
880,000.00
Less: Reservation Fee
40,000.00
Add: Legal and Misc.
198,000.00
Total Down payment
1,038,000.00
DP Payable in 15 mos.
69,200.00
DP Payable in 24 mos. for selected phase/ block only)
43,250.00
Balance Loanable Amount
3,520,000.00
Monthly Amortization (0.025393427) (5 years 18 % interest rate)
89,385.00
Monthly Amortization (0.019993167) (10 years 21 % interest rate)
70,375

SABINE HOUSE MODEL: BELLEFORT ESTATES



House Features:
• Single Attached
• Four (4) Bedrooms
• Two (2) Toilet & Bath
• Living area
• Dining area
• Kitchen
• Provision for Two (2) car garage
• Laundry & service area


House Finish:
• Painted sandblast finish for exterior wall
• Decorative stone accent for exterior wall
• Painted plain cement finish for interior wall
• Tiled toilet & bath
• Tiled kitchen counter with stainless steel sink
• Aluminum frame sliding windows
• Concrete stairs with wood planks
• Wood handrail with steel decorative railing
• Ceramic tiles for ground floor
• PVC tiles for second floor
• Concrete roof tiles
• Provision for CATV& Telephone
• Provision for Air-Conditioning Units
 
Sabine House model Sample Computation
Typical Selling Price
3,200,000.00
Total Contract Price
3,344,000.00
20 % Down Payment
640,000.00
Less: Reservation Fee
40,000.00
Add: Legal and Misc.
144,000.00
Total Down payment
744,000.00
DP Payable in 15 mos.
49,600.00
DP Payable in 24 mos. for selected phase/ block only)
31,000.00
Balance Loanable Amount
2,560,000.00
Monthly Amortization (0.025393427) (5 years 18 % interest rate)
65,007.00
Monthly Amortization (0.019993167) (10 years 21 % interest rate)
51,182.50

CHARLOTTE HOUSE MODEL: BELLEFORT ESTATES



House Features:
• Single Attached
• Three (3) Bedrooms
• Two (2) Toilet & Bath
• Living area
• Dining area
• Kitchen
• Provision for One (1) car garage
• Laundry & service area 
House Finish:
• Painted sandblast finish for exterior wall
• Painted plain cement finish for interior wall
• Tiled toilet & bath
• Tiled kitchen counter with stainless steel sink
• Aluminum frame sliding windows
• Concrete stairs with wood planks
• Wood handrail with steel decorative railing
• Ceramic tiles for ground floor
• PVC tiles for second floor
• Concrete roof tiles
• Provision for CATV& Telephone
• Provision for Air-Conditioning Units
Charlotte House model Sample Computation

Bank Financing

Total Contract Price                                     P 2,688,120
Reservation                            30,000
Downpayment                      467,800 
(payable in 15 months = 31,186.67)
Total Downpayment                                           497,800

Monthly amortization:

         20 years:                                         22,849.48
         15 years:                                         15,193.54
         10 years:                                         30,536.85
           5 years:                                         48,060.28


In-house Financing


Total Contract Price                                     P  2,601,005
Reservation                            30,000
Downpayment                       579,805
(payable in 15 months = 38,653.67)
Total Downpayment                                           609,805
Monthly amortization:



         10 years:                                         40,717.49
           5 years:                                         51,470.49