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

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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 2,200,000.00 TO PHP 2,500,000.00

Typical Selling Price = Php 2,218,000.00                  

Down payment = Php 443,600.00

LESS: Reservation Fee = Php 30,000

Net Down Payment = Php 413,600.00

Payable in 12 mos = Php 34,466.67

Loanable Amount = Php 1,774,400.00

ADD: Legal Fees = Php 177,440.00

Total Loanable Amount = Php 1,951,840.00

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 41,952.65

10 years to pay with 10.5% interest = Php 26,337.15

15 years to pay with 10.5% interest = Php 21,575.62

20 years to pay with 10.5% interest = Php 19,486.78

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

PRICE STARTS AT PHP 2,200,000.00 TO PHP 2,500,000.00

Typical Selling Price = Php 2,218,000.00

Down Payment = Php 443,600.00

ADD: Legal Fees = Php 99,810.00

Total Down Payment = Php 543,410.00

LESS: Reservation Fee = Php 30,000.00

Net Down Payment = Php 513,410.00

Payable in 12 mos = Php 42,784.17

Total Loanable Amount = Php 1,774,400.00            

Monthly Amortization

(Excluding MRI/Fire)

5 years to pay  = Php 45,058.10

10 years to pay  = Php 35,475.88

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 2,200,000.00 TO PHP 2,500,000.00

Typical Selling Price = Php 2,218,000.00

Less: Reservation Fee = Php 30,000.00

Selling Price Net of Reservation Fee = Php 2,188,000.00

10% Discount within 7 days from the date of reservation = Php 1,969,200.00

9.5% Discount within 8 to 30 days from the date of reservation = Php 1,980,140.00

9% Discount within 31 to 60 days from the date of reservation = Php 1,991,080.00

8.5% Discount within 61 to 90 days from the date of reservation = Php 2,002,020.00            

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

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Name: Johnny Chua

Website: www.cavitehomes.com

E-mail: sales@cavitehomes.com

Yahoo Messenger: asensotayo@yahoo.com

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

Landline: (02)566-0208