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    Alice

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    api-256353395

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    © All Rights Reserved
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    Alice

    Uploaded by

    api-256353395
    50 views1 page

    Original Title

    alice

    Copyright

    © © All Rights Reserved

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    Copyright:

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    Download as docx, pdf, or txt
    50 views1 page

    Alice

    Uploaded by

    api-256353395

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    Sample Computations:

    Option 1: BANK FINANCING | IN-HOUSE FINANCING Updated May 8, 2014


    TERMS BANK FINANCING IN-HOUSE FINANCING
    12.5% DP 24% DP
    Selling Price Php 870,000.00 Php 870,000.00
    Add: Processing Fee Php 69,600.00 Php 39,150.00
    Total Contract Price Php 939,600.00 Php 909,150.00
    Down Payment Php 117,450.00 (12.5%) Php 272,745.00 (30%)
    Less: Reservation Fee Php 7,500.00 Php 7,500.00
    Net Down Payment Php 109,950.00 Php 265,245.00
    Monthly Down Payment Php 7,330.00 (15 Mos) Php 11,051.88 (24 Mos)
    Balance Php 822,150.00 (87.5%) Php 636,405.00 (70%)
    Monthly Amortization:
    20 yrs Php 6,876.79
    15 yrs Php 7,856.89
    10 yrs Php 9,974.95 Php 12,723.75
    05 yrs Php 16,670.24 Php 16,160.50
    NOTE:
    The Alice Townhouse can be availed through Bank, In-House Financing and Cash payment.
    Developer will process the loan, Homebuyer just need to submit Requirements.
    Mortgage and Redemption Insurance (MRI) and FIRE insurance are not yet included in the computation.
    Move-in after 24 months.
    Maximum terms of loan vary depending Buyers age.
    Loan must be paid before Buyer reaches 65 yrs. old for locally employed and 60 yrs. old for OFW.
    Processing Fees for Bank includes Transfer of Title, Advance One Year Fire/MRI insurance, one year advance property tax and other blueprints.

    Option 2: CASH PAYMENT SCHEME (INNER LOT)
    (Legal & Miscellaneous Fees and Reservation Fee not included in the computation of the discount)
    Typical Selling Price Php 870,000.00
    Less: Reservation Fee Php 7,500.00
    Selling Price Net of Reservation Fee Php 862,500.00
    10% Discount within 7 days from the date of reservation Php 776,250.00
    9.5% Discount within 8 to 30 days from the date of reservation Php 780,562.50
    9% Discount within 31 to 60 days from the date of reservation Php 784,875.00
    8.5% Discount within 61 to 90 days from the date of reservation Php 789,187.50


    Alice Townhouse Lancaster Estates
    Getting an Alice Townhouse is as EASY as 1-2-3
    (1) Reservation (2) Submission of Documents (3) House Turn-Over
    Call Esperanza Obado to schedule for a
    site viewing.
    Choose a BLOCK and LOT, then pay the
    Reservation.
    Buyers Counselling to know your Rights
    and Responsibilities.
    Buyers are given 60 days from Reservation
    to Submit the documents.
    Lists of Requirements can be found in the
    button below.
    Bank and In-House forms are provided.
    Buyers are given 60 days from Notice of
    Completion to inspect their unit.
    Upon acceptance. Buyer can Move-In to their
    new unit.

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