cavitehouse

Oakwood House Model

Barangay Lantic, Carmona Cavite
Floor Area: 104sqm (1,118.87sq ft) | Lot Area: 88sqm (946.74sq ft)
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%
For corner lots, price starts at P1,841,000.00 for a lot size of 104sqm
For Morning Sun, additional of around P40,000.00 on the selling price

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:

Floor Area: 104 sq. m.
Lot Area: 88 sq. m.
Four (4) Bedrooms
2 Toilet and Bath
Living Area
Kitchen Area
Dining Area
Laundry / Service Area
Provision for 2 Car Garage
Provision for Front Lawn
Provision for CATV
Telephone and Air-conditioning Unit

House Finish:

Pre-painted G.I. Roofing
Painted Exterior and Interior Wall
Tiled Kitchen Counter with Stainless Sink
Tiled Toilet and Bath
Ceramic Bathroom

Dressed-Up Model

Turn-Over Photos

SAMPLE COMPUTATIONS:

Price Range: P1,625,000 to P1,700,000 (Inner Lot)

Option 1: BANK FINANCING:(Inner Lot)

Total Selling Price	Php 1,625,000.00
20% Down payment	Php 325,000.00
Less: Reservation	Php 20,000.00
Net Downpayment	Php 305,000.00
Payable in 15mo.	Php 20,333.33
Loanable Amount	Php 1,300,000.00
Add: Legal and Misc. Fees	Php 130,000.00
Total Loanable Amount	Php 1,430,000.00

Monthly Amortization @10.5% Interest (Bank Financing):

5yrs.	Php 30,736.28
10yrs.	Php 19,295.71
15yrs.	Php 15,807.20
20yrs	Php 14,276.83

NOTE:

Fire and MRI insurance not included.
Move-in on the 19th to 21st 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	Php 1,625,000.00
Down payment (20%)	Php 325,000.00
Add: Processing Fee (4.5%)	Php 73,125.00
Total Down Payment	Php 398,125.00
Less: Reservation Fee	Php 20,000.00
Net Equity	Php 378,125.00
Payable in 15 months	Php 25,208.33

Total Remaining Balance: Payable Through In-House Financing

80% Balance

Php P1,300,000.00

Amortization Including Insurance Fees
Years to Pay:

Five (5) years @ 18%	Php 33,011.45
Ten (10) years @ 21%	Php 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	Php 20,000.00
Selling Price Net of Reservation Fee	Php 1,605,000.00
10% Discount within 7 days from the date of reservation	Php 1,444,500.00
9.5% Discount within 8 to 30 days from the date of reservation	Php 1,452,525.00
9% Discount within 31 to 60 days from the date of reservation	Php 1,460,550.00
8.5% Discount within 61 to 90 days from the date of reservation	Php 1,476,600.00