Total Contract Price – Php 2,800,000.00 Reservation fee – 10,000.00
GIO HOMES 2 SUBDIVISION
Banawa, Guadalupe, Cebu CitySpecification:
Two Storey Townhouses
Lot area – 54 sq.m. & Floor area – 90 sq.m.
3 bedrooms, 3 toilet and bath, 1 carpark
Terms of payment:
Total Contract Price – Php 2,800,000.00
Reservation fee – 10,000.00
20% downpayment – 560, 000.00 ( 24 months to pay no interest )
Monthly ammortization – 23,333.33/mo.
80% balance – Php 2,240,000.00 ( through bank,in-house or Pag-ibig financing )
In-house financing:
3 yrs. to pay – 74,400.05/mo.
5 yrs. to pay – 49,827.00/mo.
10 yrs. to pay – 32,137.49/mo.
15 yrs. to pay – 26,883.76/mo.
Bank Financing:
5 yrs. to pay – 45,416.67/mo. ( Net income required – 136,250.01/mo. )
10 yrs. to pay – 29,601.60/mo. ( Net income required – 88,804.80/mo. )
15 yrs. to pay – 25,812.41/mo. ( Net income required – 77,437.23/mo. )