Saturday, September 04, 2010
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Alcove Madison
Besides SM Molino
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 through Bank, Cash and In-House Financing
Inner Lot cut is 110sqm FA, 80sqm LA
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House Features:
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House Finish:
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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 30,000.00 |
| 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
• Mortgage and Redemption Insurance and FIRE insurance are not yet included in the computation.
• 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 |
CONTACT FOR FREE SITE VIEWING
Name: Johnny Chua
Website: www.cavitehomes.com
E-mail: sales@cavitehomes.com
Yahoo Messenger: asensotayo@yahoo.com
Contact: +63917-8617588 ; +63923-9026965 ; Landline: (02)566-0208
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