Bare and Dressed-up Unit:
Emma is a 30 sqm townhouse on 40 sqm lot area. It has two bedrooms, one toilet and bath, a living room, dining area, kitchen, service area and one-car garage.
Selling Price: Php 1,200,000.00
Type: Townhouse
Floor Area: 30 sqm
Lot Area:40 sqm
House Features:
- Living Area
- Dining Area
- Kitchen Area
- Two Bedrooms
- One Toilet and Bath
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 a 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 |
|---|---|---|
| 12.5% DP | 12 Months DP | |
| Selling Price | Php 1,200,000.00 | Php 1,200,000.00 |
| Add: Legal and Misc. Fees | Php 120,000.00 (10%) | Php 54,000.00 (4.5%) |
| Total Contract Price | Php 1,320,000.00 | Php 1,254,000.00 |
| Down payment | Php 165,000.00 (12.5%) | Php 250,800.00 (20%) |
| Less: Reservation | Php 7,500.00 | Php 7,500.00 |
| Net Down payment | Php 157,500.00 | Php 243,300.00 |
| Monthly DP | Php 10,500.00 (15mos) | Php 16,220.00(15mos) |
| Total Loanable Amt. | Php 1,155,000.00 (87.5%) | Php 1,003,200.00(80%) |
Monthly Amortization @ 10% (Prevailing Bank Rates will apply):
| 20 yrs. | Php 10,896.62 | |
| 15 yrs. | Php 12,219.56 | |
| 10 yrs. | Php 15,135.83 | Php 20,505.00 (21% int) |
| 05 yrs. | Php 24,480.68 | Php 25,922.54 (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 1,200,000.00 |
| Plus: Legal & Miscellaneous Fees (4.5%) | Php 54,000.00 |
| Total Contract Price | Php 1,254,000.00 |
| Less: Reservation Fee | Php 7,500.00 |
| Net TCP (before discount) | Php 1,246,500.00 |
| Less: 10% Discount on TSP within 7 days upon reservation | Php 120,000.00 |
| Net TCP @10% | Php 1,134,000.00 |
| Less: 9.5% Discount on TSP within 30 days | Php 114,000.00 |
| Net TCP @9.5% | Php 1,140,000.00 |
| Less: 9% Discount on TSP within 60 days | Php 108,000.00 |
| Net TCP @9% | Php 1,146,000.00 |
| … up to | |
| Less: 4% Discount on TSP within 360 days | Php 48,000.00 |
| Net TCP @4% | Php 1,206,000.00 |
Note: LMF does not include transfer fees
Deferred Cash Payment Scheme
| Total Selling Price | Php 1,200,000.00 |
| Plus: Legal & Miscellaneous Fees (4.5%) | Php 54,000.00 |
| Total Contract Price | Php 1,254,000.00 |
| Less: Reservation Fee | Php 7,500.00 |
| Net TCP | Php 1,246,500.00 |
| Deferred Payments, 24 Months (Zero Interest) | Php 51,937.50 |
Note: LMF does not include transfer fees