PINES TOWNHOUSE MODEL: CARMONA ESTATES

House Features:

• Floor Area: 60 sq. m.
• Lot Area: 50 sq. m.
• Three (3) Bedrooms
• 2 Toilet and Bath
• Living Area
• Dining Area
• Kitchen Area
• Laundry / Service Area
• Provision for 1 Carport
• Provision for Front Lawn
• Provision for CATV,
• Telephone and Air-conditioning Unit 

House Finishes:

• Pre-painted Long Span Roofing
• Painted Exterior and Interior Walls
• Tiled Kitchen Counter with Stainless Kitchen Sink
• Tiled Toilet and Bath
• Ceramic Bathroom Fixtures

Option 1: PAG-IBIG FINANCING:
Option 1: Through Pag-Ibig

Selling Price	Php 1,060,000.00
Add: Processing Fee	Php 127,200.00
Total Contract Price	Php 1,187,200.00
Less: Loanable Amount to Pag-ibig	Php 1,000,000.00
Required Equity	Php 187,200.00
Less: Reservation Fee	Php 10,000.00
Net Equity	Php 177,200.00
Monthly Equity for 12 months	Php 14,766.67
Insurance: MRI	Php 410.00
Insurance: FIRE	Php 383.79

Monthly PAG-IBIG Amortization:

30 yrs @ 8.5%	Php 8,482.89
25 yrs @ 8.5%	Php 8,846.09
20 yrs @ 8.5%	Php 9,471.99
15 yrs @ 8.5%	Php 10,641.19
10 yrs @ 8.5%	Php 13,192.39
5 yrs @ 8.5%	Php 21,310.29

NOTE:

• MRI and FIRE Insurance are already included.
• Maximum of 12 months downpayment term for Pag-ibig financing.
• Maximum terms of loan varies depending on 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.

Option 2: BANK FINANCING:

Selling Price	Php 1,060,000.00
20% Down Payment	Php 212,000.00
Less: Reservation	Php 20,000.00
Net Down Payment	Php 192,000.00
Payable in 12mo.	Php 16,000.00
Loanable Amount	Php 848,000.00
Add: Legal and Misc. Fees	Php 84,800.00
Total Loanable Amount	Php 923,800.00

Insurance

MRI	Php 381.60
FIRE	Php 140.04

Monthly Amortization @10.5% Interest (Bank Financing):

5yrs.	Php 20,571.15
10yrs.	Php 13,108.38
15yrs.	Php 10,832.80
20yrs.	Php 9,834.53
25yrs.	Php 9,328.97

NOTE:

• Fire and MRI insurance already included.
• Move-in on the 13th to 15th month or after paying downpayment
• Processing Fees includes Transfer of Title.
• Interest rate is reference only.
• Prevailing interest rate will apply upon loan takeout.
• Bank terms for OFW is 15 yrs while locally employed has up to 25 yrs.
• Developer will process loan. Tied up with Metrobank and UCPB.
• Bank maximum approved amount will depend on salary & age (loan maturity is 55 yrs.)

Option 3: In-House Financing (Inner Unit)

Selling Price	Php 1,060,000.00
Down Payment	Php 212,000.00
ADD: Legal and Misc. Fees	Php 47,700.00
Total Down Payment	Php 259,700.00
LESS: Reservation	Php 10,000.00
Net Down Payment	Php 249,700.00
Payable in 12 months	Php 20,808.33
Total Remaining Balance	Php 848,000.00

• Amortization Excluding Insurance Fees:

10yrs.	Php 16,954.21
6yrs.	Php 19,341.00

NOTE:

• Fire & MRI insurance not included. Estimated at .0005% of loanable amount.
• Transfer of Title cost not included.
• Processing fees includes One year Advance Real Property Tax & Insurances,
• Advance Homeowners Dues and Documentation/Notarial Fees.
• In-house processing will be processed by the Developer. Buyer just need to submit requirements