Name of Property: Teakwood Subdivision
Location: So-ong, Mactan Lapu-Lapu City
Landmarks/Accessibility:
9 minutes going to Gaisano Grand Mactan
15 minutes going to Soong Elementary School
17 minutes going to Sto. Niño Parish Church
Sample Computation
Total Contract Price: Php 2,500,000
Reservation Fee: Php 20,000 (deductible from Loanable Amount)
20% Equity/Downpayment : Php 500,000 payable for 24 months
Php 20,833/month
80% Loanable Amount : Php 2,000,000
Estimated Pagibig Loan Computation
* 30 years @ Php 11,199/month
* 25 years @ Php 12,133/month
* 20 years @ Php 13,617/month
* 15 years @ Php 16,209/month
* 10 years @ Php 21,582/month
* 5 years @ Php 38,087/month
Estimated Bank Loan Computation
* 20 years @ Php 13,758/month
* 15 years @ Php 16,342/month
* 10 years @ Php 21,705/month
* 5 years @ Php 38,202/month
Sample Computation for Inhouse Financing
Total Contract Price: Php 1,900,000
Reservation Fee : Php 20,000(deductible from Loanable Amount)
Remaining Balance : Php 1,980,000
Monthly Amortization
Php 82,500/month @ 24 months ( Zero Interest)
Tax and Processing Fee: Php 250,000(Payable thru Equity or One-Time Payment)
Payable for 24 months: Php 10,417