MIDLAND HOUSE

City: Cebu City
State/county: Philippines
Country: Philippines

For Sale

Description
Address
Details

Description

THE MIDLAND HOUSE DESIGN
HOUSE DETAILS:
Ground Floor:
Maid s room with toilet and bath
Guest room with toilet and bath
Powder room with toilet
Living, Dining, Kitchen
Porch, Foyer
2 Car Garage
2nd Floor:
Masters bedroom with Toilet and Bath
Masters Walk- in Closet
Bedroom 1
Bedroom 2
Family Area
Common Toilet and Bath
Floor Area: 251 sq. m.
Lot Area    : 253 sq. m.
Total Contract Price: P 14,980,560.00
Reservation Fee: P 300,000.00SAMPLE COMPUTATION:IN-HOUSE FINANCING:
Total Contract Price          P 14,980,560.00
40% Downpayment           P   5,992,224.00
Less: Reservation Fee              300,000.00
Net Downpayment             P   5,692,224.00
3 months to pay at P 1,897,408.00/month
60% Balance                    P   8,988,336.00
21 months to pay 0 Int. at P 428,016.00/mo.

BANK FINANCING:
Total Contract Price           P 14,980,560.00
30% Downpayment            P    4,494,168.00
Less: Reservation Fee                300,000.00
Net Downpayment              P    4,194,168.00
3 months to pay at P 1,398,056.00
70% Balance                    P 10,486,392.00
Sample Bank Computation from Metrobank:
3 years @ 7.75%          P 327,397.36
5 years fixed @ 10%      P 222,804.84
10 years @ 10.50%        P 141,498.42
15 years @ 10.50%        P 115,916.46