Divine Homes Lahug Cebu City, Philippines – The affordable House and lot soon to rise a. All units are Townhouses with balcony, 4 bedrooms and 3 toilet & bath.
4 Bedrooms
3 Toilet and Bath
2 Car Garage
P 3,190,000
PAG-IBIG FINANCING SAMPLE COMPUTATION
DP% 30/70
Selling Price P 3,190,000.00
Estimated Equity @ 70% 2,233,000.00
Estimated Equity @ 30% 957,000.00
Less: Reservation Fee 20,000.00
Net Equity 937,000.00
Add: Miscellaneous Fee 271,150.00
Total Cash Required 1,208,150.00
MONTHLY AMORTIZATION 106,679.17
(12) Months to PAY – 0% INTEREST
Estimated Monthly Amortization For:
5 yrs. P 49,109.50
10 yrs. 31,394.95
15 yrs. 26,085.68
20 yrs. 23,813.38
25 yrs. 22,697.75
30 yrs. 22,113.20
BANK FINANCING SAMPLE COMPUTATION
DP% 20/80
Selling Price P 3,190,000.00
Estimated Equity @ 80% 2,552,000.00
Estimates Equity @ 20% 638,000.00
Less: Reservation Fee 20,000.00
Net Equity 618,000.00
Add: Miscellaneous Fee 271,150.00
Total Cash Required 889,150.00
Monthly Amortization
(12) Months to Pay – 0% Interest P 74,096.00
Estimated Monthly Amortization
Factor rates:
0.020516531 5yrs 52,358.19
0.012398568 10 yrs 31,641.14
0.009847395 15 yrs 25,130.55
0.00867823 20 yrs 22,146.84
PAYMENT TERMS:
PAG-IBIG FINANCING
30% of EQUITTY divided 12 months
70% Balance thru Pag-ibig Financing
BANK FINANCING
20% Equity divided 12 months
80% Bank Balance thru Bank Financing
SPOT CASH
10% DISCOUNT from the Selling Price
SPOT DOWNPAYMENT
5% DISCOUNT from the Down Payment
RESERATION FEE
P 20,000.00
Updated on November 24, 2016 at 8:06 am
DEVINE HOMES - Lahug, Cebu City, Cebu, Philippines
