SABINE MODEL HOUSE
Typical Selling Price = Php3,189,000.00
Lot Area: 110 sq. m. Floor Area: 85 sq. m. *Php40,000.00 to reserve for a unit
*Available thru IN-HOUSE and BANK Financing
INCOME REQUIREMENT = Php110,000.00
Estimated House Turn-Over: 16 to 18 months from Reservation Date
2-Storey, 4 Bedrooms, 2 T&B, Service Area, 2 Car Garage
SAMPLE COMPUTATION (Bank Financing): TOTAL INVESTMENT = 3,444,120.00
INITIAL INVESTMENT (20% Downpayment) = 637,800.00
Less: Reservation Fee = 40,000.00
NET DOWNPAYMENT = 597,800.00
Payable in 15 months @ 0% interest = 39,853.33/month
Loanable Amount = 2,551,200.00
Add: Legal & Misc. Fees = 255,120.00
Total Loanable Amount = 2,806,320.00
Monthly Amortization, excluding Insurance Fees: 5 years = 60,318.76
10 years = 37,867.08
15 years = 31,021.03
20 years = 28,017.74
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