Name of Project: Lincoln at IPI center- 1 BR
Location: Pope John Paul II Ave, Mabolo, Cebu City
Landmarks/Accessibility:
Walking distance to highway.
5 minutes drive going to IT Park Cebu.
5 minutes drive going to UP-Cebu
6 minutes drive going to Ayala Center Cebu.
7 minutes drive going to Perpetual Succour Hospital Cebu.
8 minutes drive going to Mabolo Barangay Hall.
8 minutes drive going to St.Joseph the Patriarch Parish.
Transportation Details:
Public Utility Jeep going to church, schools, malls & hospitals.
Total Contract Price: Php 15,928,440
1.) Reservation Fee: Php 100,000 (Deductible from Spot Downpayment)
10% Spot Downpayment: Php 1,492,844
Option 1(Straight Amortization)
2.) 20% Downpayment:Php 3,185,688 payable in 48 mos Php 66,369/mo
Option 2(Amortization with Lumpsum every 9 months)
10% Monthy Amortization for 48 mos: Php 33,184/mo
10% Lumpsum on Month 9,18,27,36: Php 398,211 (Every 9 mos)
3.) 70% Loanable Amount: Php 11,149,908
Estimated Bank Computation:
* 20 yrs @ Php 76,699/mo.
* 15 yrs @ Php 91,104/mo.
* 10 yrs @ Php 121,006/mo.
* 5 yrs @ Php 212,976/mo.