Monday, August 9, 2010

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

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