PACIFIC GRANDE 2 MACTAN SUBDIVISION – Economic Model

Absolutely the best affordable house and lot subdivision in Mactan area under Lapu-lapu City. Recomendable to a meticulous buyer when it comes of construction worksmanship qualtiy and location accessiblity. Better than among all low cost housing project in cebu. First low end development with three bedrooms and two bathrooms unit located right along 10 meter wide barangay road with public transportation and just 300 meters away from Lapulapu City district hospital 1.5 kilometers from Tojong hospital 1.5 kilometers from Mactan Doctors Hospital 300 meters from public high school 2.5 kilometers from Lapulapu Public Market 5 kilometers from Mactan Cebu International Airport.

PACIFIC GRANDE 2 SUBDIVISION
Two Storey Townhomes
Location : Babag, Lapulapu City
Lot Area : 40 Sqm.
Floor Area : 68 Sqm.
Bedrooms : 3
Toilet and Bath : 2

Specifications : Fully Finished Unit
Total Package Price : Php. 1,562,000.00
Reservation Fee : Php. 10,000.00

SAMPLE COMPUTATION ONLY:
Equity/Downpayment : 125,000.00
Less Reservation fee – 10,000.00 ( non-refundable )
Net 115,000.00
12 months to pay = 9,584.00/mo.
24 months to pay = 4,792.00/mo.

Pag-big Financing: 6.985% 3 years re-pricing
Loanable amount: 1,437,000.00
10 years to pay – 16,673.68/mo.
(Family gross income needs 56,000.00/mo., ages less than 55yrs. old )
15 years to pay – 12,904.11/mo.
(Family gross income needs 44,000.00/mo., ages less than 50yrs. old )
20 years to pay – 11,128.11/mo.
(Family gross income needs 38,000.00/mo., ages less than 45yrs. old )
30 years to pay – 9,545.92/mo.
(Family gross income needs 32,000.00/mo., ages less than 40yrs. old )

Note: Mortgage & Fire Insurance are not included.