Description
HOUSE SPECIFICATIONS:
Lot area = 92 sqm.
Floor area = 60 sqm.
2 Bedrooms
1 Toilet & Bath
1 Car Garage
Total Package Price: Php 2,116,000.00
Reservation Fee – Php 20,000.00 ( non-refundable )
30% downpayment : payable in 18 equal months at P35,266.66 per month
70% balance: Php 1,481,200.00 loanable to Bank/Pag-ibig
Sample Computation For Bank & Pag-ibig Mortgage:
PAG-IBIG FINANCING: 3 years fixed 7.985% interest rate and 3 years re-pricing
20 years to pay = 12,375.53/mo. ( age limit not more than 50 years old; gross income required 41,251.76/mo. )
30 years to pay = 10,853.04/mo. ( age limit not more than 40 years old; gross income required 36,176.80/mo. )
BANK FINANCING: 15 years fixed 9.25% interest rate with yearly re-pricing
20 years to pay = 13,565.82/mo. ( age limit not more than 40 years old; net income required 40,697.46/mo. )