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"CAVITE HOUSING+ARDEN MODEL UNIT"

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Uploaded by on Oct 3, 2010

Sample Computaion Inhouse Financing

Arden House Model Inhouse financing

Floor Area 60 Square Meters
Lot Rea 50 Square Meters
Selling price 960,000.00
Add processing fee 43,200.00
Total Contract Price 1,003,200.00
Less Loanable amount
768,000.00
Required Down Payment
235,200.00

Less Reservation Fee
10,000.00
Net Required Down Payment 225,200.00
Monthly DP installment for 15mos. 15,773.39 (No interest)

Amortization (years to pay)
Monthly

5 years @ 18% per year 19,920.79
10 years @ 21% per year 15,773.39
Note: MRI & Fire Insurance included




AMENITIES
Entrance Gate
Country Club
Swimming Pool
Basketball court
Chapel
Landscaped parks and playgrounds
Landscaped open spaces
Centralized Water system
Concrete roads

HOUSE FINISHES
Pre painted Long Span Roofing
Tiled Kitchen Counter with
Stainless Kitchen Sink
Tiled Topilet And Bath
Ceramic Bathroom Fixtures
Interior and Exterior Wall Paint Finish

House Features
Tree (3) Bedrooms
Living area
Kitchen area
Two (2) Toilet and Bath
Laundry Service Area
Dining Area
Provision For Balcony
Provision For One (1) carport
Provision for CATV,Telephone and
Airconditionioning Unit

Required Documents - Inhouse Financing
1.) Valid ID & TIN
2.) 3 pcs. ID picture 1x1 (husband & wife & Atty. in Fact)
3.) Cedula or Passport Number (xerox) (husband & wife Atty in Fact)
4.) Birth Certificate or Marrriage Contract
5.) Certificate of Employment
6.) FOR OFW: Job Contract and Photocopy of Passport
7.) Postdated checks: Developer will give a Bank Referral Letter so Buyer can open a checking account. Only Php5,000 needed to open an account.
A.) 12 pcs. as per Dp/Equity term choosen
B.) 36 pcs. for Monthly Amortization
C.) 1 pc. Guarantee Check
D.) 4 pcs. Real Property Tax for 5 yrs. or 9 pcs. for 10 yrs.
E.) TOTAL CHECKS .....53 CHECKS
If OFW, add these documents:
12.) Passport
13.) Special Power of Attorney




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Uploader Comments (kurtz826)

  • WE HAVE 25% DISCOUNT ON RESERVATION FEE FROM MAY 16-22 2011 ONLY!!!! A TWO STOREY TOWNHOUSE UNIT WITH 3 BEDROOMS / 2 TOILET AND BATH. BANK FINANCING TOTAL CONTRACT PRICE: 1,107,000 10% DOWNPAYMENT: 110,700 LESS RESERVATION FEE: 10,000 NET EQUITY / DP : 100,700 MONTHLY EQUITY IN 24 MONTHS: 8,391.67 90% BALANCE / LOANABLE AMOUNT: 996,300 MONTHLY AMORTIZATION IN: 20YRS@ 10.5% interest : 9,614.51 15yrs@ 10.5% interest: 10,706.29
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  • hi i want to know how much pag yung model house ang bibilhin?

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