Cavite House And Lot Nr. Splash Island, Oaks Model In Carmona Cavite 2storey, 4br, 2t&b - P15k/mo

Oakwood House Model

Carmona Estates

Barangay Lantic, Carmona Cavite

MOST AFFORDABLE 4 BEDROOM HOUSE FOR SALE IN CARMONA CAVITE - PHILIPPINES

104sqm (1,118.87sq ft) Floor Area 88sqm (946.74s ft) Lot Area

1 Bedroom / 1 Toilet & Bath Downstairs

3 Bedroom / 1 Toilet & Bath/Wide Balcony Upstairs

Balcony is Attached to the Next House

House is Attached Only to Next House at the Back

Low Monthly Amortization of P14,276.83 thru Bank Financing 20yrs @10.5%

Morning Sun units are available. Additional of around P40,000.00

Corner Lots are additional of a minimum of 13 sqm of lot, priced at P1,841,000.00

DIMENSIONS:

- Dining / Living Area 34sqm (366sq ft)

- Ground Floor / 2nd Floor Bedroom 9sqm (96.8sq ft)

- Restroom 2.6sqm (28sq ft)

- Kid's Bedroom 6.6sqm (71 sq ft)

- Master's Bedroom 13.4sqm (140sq ft)

House Features:

• 4 Bedrooms

• Living Room

• Kitchen

• Dining Room

• 2 Toilets and Baths

• Terrace and Lanai

• Laundry / Service Area

• Provision for 2 Car Garage

• Provision for Front Lawn

• Provision for CATV, Telephone and Air-Conditioning Unit

House Finishes:

• Pre-Painted G.I. Roofing

• Tiled Kitchen Counter with Stainless Steel Kitchen Sink

• Tiled Toilet and Bath

• Ceramic Bathroom Fixtures

• Interior and Exterior Wall Paint Finish

Computations:

Option 1: BANK FINANCING:(Inner Lot)

    •    Total Selling Price = P1,625,000

    •    20% Down payment = 325,000

    •    Less: Reservation = 20,000

    •    Net Downpayment = 305,000

    •    Payable in 15mo. = 20,333.33

    •    Loanable Amount = 1,300,000

    •    Add: Legal and Misc. Fees = 130,000

    •    Total Loanable Amount = 1,430,000

Monthly Amortization @10.5% Interest (Bank Financing):

    •    5yrs. = 30,736.28

    •    10yrs. = 19,295.71

    •    15yrs. = 15,807.20

    •    20yrs. = 14,276.83

NOTE:

    •    Fire and MRI insurance not included.

    •    Move-in on the 16th to 18th month or after paying downpayment

    •    Processing Fees includes Transfer of Title.

    •    Interest rate is reference only.

    •    Prevailing interest rate will apply upon loan takeout.

    •    Bank terms for OFW is 15 yrs while locally employed has up to 25 yrs.

    •    Developer will process loan. Tied up with Metrobank and UCPB.

    •    Bank maximum approved amount will depend on salary & age (loan maturity is 55 yrs.)

Option 2: IN-HOUSE FINANCING:

    •    Selling Price = P 1,625,000

    •    Down payment (20%) = 325,000

    •    Processing Fee (4.5%) = 73,125

    •    Total Down payment = 398,125

    •    Less: Reservation Fee = 20,000

    •    Net Equity = 378,125

    •    Payable in 18 months = 25,208.33

Total Remaining Balance: Payable Through In-House Financing
80% Balance = P1,300,000

Amortization Including Insurance Fees
Years to Pay:

    •    Five (5) years @ 18% = 33,011.45

    •    Ten (10) years @ 21% = 25,991.11

NOTE:

    •    Fire & MRI insurance not included. Estimated at .0005% of loanable amount.

    •    Transfer of Title cost not included.

    •    Processing fees includes One year Advance Real Property Tax & Insurances.

    •    Advance Homeowners Dues and Documentation/Notarial Fees.

    •    In-house processing will be processed by the Developer. Buyer just need to submit requirements.

Option 3: CASH PAYMENT SCHEME
(Legal & Miscellaneous Fees and Reservation Fee not included in the computation of the discount)
PRICE STARTS AT PHP 1,625,000.00 AND UP

    •    Typical Selling Price = Php 1,625,000.00

    •    Less: Reservation Fee = 20,000.00

    •    Selling Price Net of Reservation Fee = Php 1,605,000.00

    •    10% Discount within 7 days