Angela Single Detached
HOUSE SPECIFICATIONS:
Lot area = 116 sqm.
Floor area = 63 sqm.
2 Bedrooms
1 Toilet & Bath
1 Car Garage
Total Package Price: Php 2,578,000.00
Reservation Fee – Php 20,000.00 ( non-refundable )
30% downpayment : payable in 18 equal months at P42,966.66 per month
70% balance: Php 1,804,600.00 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 = 15,077.56/mo. ( age limit not more than 50 years old; gross income required 50,248.53/mo. )
30 years to pay = 13,222.65/mo. ( age limit not more than 40 years old; gross income required 44,075.50/mo. )
BANK FINANCING: 15 years fixed 9.25% interest rate with yearly re-pricing
20 years to pay = 16,527.73/mo. ( age limit not more than 40 years old; net income required 49,583.19/mo. )