Bare and Dressed-up Unit:
Denise house model is a 52 sqm single attached on 80 sqm lot area. It has three bedrooms, two toilets and baths, a living room, dining area, kitchen and one car garage.
Selling Price: Php 2,412,000.00
Type: Single Attached
Floor Area: 80 sqm
Lot Area:52 sqm
House Features:
- Living Area
- Dining Area
- Kitchen Area
- Three Bedrooms
- Two Toilets and Baths
- Garage
Materials & Finish:
- Pre-painted long span roofing
- Painted plain cement finish for interior and exterior walls
- Tiled kitchen counter with stainless kitchen sink
- Tiled toilet and bath with complete set of bathroom fixtures(excluding tissue and soap holder)
- Interior and exterior wall paint finish
Floor Plan:
Sample Computations:
| Item | Bank Financing | In-House Financing |
|---|---|---|
| 10% DP | 12 Months DP | |
| Selling Price | Php 2,412,000.00 | Php 2,412,000.00 |
| Add: Legal and Misc. Fees | Php 189,120.00 (8%) | Php 108,540.00(4.5%) |
| Total Contract Price | Php 2,601,120.00 | Php 2,518,380.00 |
| Down payment | Php 260,112.00 (10%) | Php 503,676.00 (20%) |
| Less: Reservation | Php 20,000.00 | Php 20,000.00 |
| Net Down payment | Php 240,112.00 | Php 483,676.00 |
| Monthly DP | Php 20,009.33(12mos) | Php 40,306.33 (12mos) |
| Total Loanable Amt. | Php 2,341,008.00 (90%) | Php 2,014,704.00 (80%) |
Monthly Amortization @ 10% (Prevailing Bank Rates will apply):
| 20 yrs. | Php 23,607.89 | |
| 15 yrs. | Php 26,173.25 | |
| 10 yrs. | Php 31,953.25 | Php 41,174.61 (21% int) |
| 05 yrs. | Php 50,756.16 | Php 52,054.53 (18% int) |
Remarks:
- MRI and FIRE Insurances are included
- Move-in is on the 24th month – Pre-selling Units
- Bank max loan term for OFW is 15 or 20 years, while for Locally Employed is up to 20 or 25 years depending on the assigned bank
- For client’s convenience, this is a developer-assisted bank loan – Metrobank, UCPB, or BDO. No Minimum Net Disposable Income(NDI) is required
- Max age on loan maturity for OFW is 60yrs, while LOCAL is 65 years
- Transfer Fees are included for Bank financing 8% LMF. Transfer Fees are not yet included for In-house financing 4.5% LMF
- House Prices and Bank Policies are subject to change without prior notice, please confirm with your assisting BSHomes Agent
Cash Payment Scheme:
| Total Selling Price | Php 2,412,000.00 |
| Plus: Legal & Miscellaneous Fees (4.5%) | Php 108,540.00 |
| Total Contract Price | Php 2,520,540.00 |
| Less: Reservation Fee | Php 20,000.00 |
| Net TCP (before discount) | Php 2,500,540.00 |
| Less: 10% Discount on TSP within 7 days upon reservation | Php |
| Net TCP @10% | Php 2,259,340.00 |
| Less: 9.5% Discount on TSP within 30 days | Php |
| Net TCP @9.5% | Php 2,271,400.00 |
| Less: 9% Discount on TSP within 60 days | Php |
| Net TCP @9% | Php 2,283,460.00 |
| … up to | |
| Less: 4% Discount on TSP within 360 days | Php |
| Net TCP @4% | Php 2,404,060.00 |
Note: LMF does not include transfer fees
Deferred Cash Payment Scheme
| Total Selling Price | Php 2,412,000.00 |
| Plus: Legal & Miscellaneous Fees (4.5%) | Php 108,540.00 |
| Total Contract Price | Php 2,520,540.00 |
| Less: Reservation Fee | Php 20,000.00 |
| Net TCP | Php 2,500,540.00 |
| Deferred Payments, 24 Months (Zero Interest) | Php 104,189.17 |
Note: LMF does not include transfer fees