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Cavite House And Lot 3storey 4bdrm 3t&b Madison Model @ Ridgecrest, Walking Distance To Sm Molino

Cavite House And Lot 3storey 4bdrm 3t&b Madison Model @ Ridgecrest, Walking Distance To Sm Molino

Posted by Cavitehomes
Posting ads for 7 years

IMAGINE YOUR HOUSE...

RIGHT BESIDES A SHOPPING MALL...

IMAGINE NO MORE...

Madison House Model at Ridgecrest

Walking Distance to SM Molino, Bacoor Cavite

Living area / kitchen / car park / mini garden / laundry area / restroom - Ground Floor

3 bedrooms / restroom - Second Floor

Multi purpose area / bedroom / restroom - Third Floor

Can be bought thru Bank, Cash and In-House Financing

Inner Lot cut is 110sqm FA, 80sqm LA

Amenities and Facilities

• Clubhouse

• Swimming Pool

• Multi-Purpose Court

• Park/Children's Playground

• Jogging Path

• Elevated Water Tank

• 24-Hour Security

House Features:

• Floor Area: 110 sq. m.

• Lot Area: 80 sq. m.

• Three (3) Storey

• Four (4) Bedrooms

• Three (3) Toilet & Bath

• Living Area

• Dining Area

• Kitchen

• Multi-Purpose Area

• Service Area

• Balcony

• Carport

House Finishes:

• Painted Exterior/Interior Walls

• Tiled Toilet & Bath

• Tiled Kitchen Counter with Stainless Kitchen Sink

• Powder Coated Cathedral Window

• Decorative Accent Stones

• Provision for CATV, Telephone and Air-Conditioning Units

SAMPLE COMPUTATION FOR RIDGE CREST

Option 1: BANK FINANCING SCHEME (INNER LOT)

PRICE STARTS AT PHP 2,100,000.00 TO PHP 2,500,000.00

Typical Selling Price = Php 2,100,000.00

Legal & Miscellaneous Fee = Php 168,000.00

Total Contract Price = Php 2,268,000.00

Loanable Amount = Php 1,848,000.00

DP/Equity Payment = Php 420,000.00

Less: Reservation Fee = Php 30,000.00

Net Equity = Php 390,000.00

Monthly Equity Payment payable within 18 mos. = Php 21,666.67

Monthly Amortization

• Bank Financing computation is base on your bank of choice and subject to the bank's requirements

• Bank's prevailing interest at point of takeout shall apply

• Indicative interest rate shall be used in computing for monthly amortization

5 years to pay with 10.5% interest = Php 39,720.73

10 years to pay with 10.5% interest = Php 24,935.99

15 years to pay with 10.5% interest = Php 20,427.77

20 years to pay with 10.5% interest = Php 18,450.06

25 years to pay with 10.5% interest = Php 17,448.48

Option 2: IN-HOUSE FINANCING SCHEME (INNER LOT)

PRICE STARTS AT PHP 2,100,000.00 TO PHP 2,500,000.00

Typical Selling Price = Php 2,100,000.00

Legal & Miscellaneous Fee = Php 94,500.00

Total Contract Price = Php 2,194,500.00

Loanable Amount = Php 1,680,000.00

DP/Equity Payment = Php 514,500.00

Less: Reservation Fee = Php 30,000.00

Net Equity = Php 484,500.00

Monthly Equity Payment Payable within 18 mos. = Php 26,916.67

Monthly Amortization

(Excluding MRI/Fire)

5 years to pay with 18% interest = Php 42,660.96

10 years to pay with 21% interest = Php 33,588.52

Option 3: CASH PAYMENT SCHEME (INNER LOT)

(Legal & Miscellaneous Fees and Reservation Fee not included in the computation of the discount)

PRICE STARTS AT PHP 2,100,000.00 TO PHP 2,500,000.00

Typical Selling Price = Php 2,100,000.00

Less: Reservation Fee = Php 20,000.00

Selling Price Net of Reservation Fee = Php 2,080,000.00

10% Discount within 7 days from the date of reservation = Php 1,872,000.00

9.5% Discount within 8 to 30 days from the date of reservation = Php 1,882,400.00

9% Discount within 31 to 60 days from the date of reservation = Php 1,892,800.00

8.5% Discount within 61 to 90 days from the date of reservation = Php 1,913,600.00

***Stop Renting! Own your Dream Home.***

Schedule for a FREE Tripping Now!!!

Name: Johnny Chua

Website: www.cavitehomes.com

E-mail: [email protected]

Yahoo Messenger: [email protected]

Contact: (+63)917-8617588 ;(+63)923-9026965

Landline: (02)566-0208

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