Name of Project : Modena Town Square Condominium Studio
Location: Tunghaan Minglanilla Cebu City
Landmarks/Accessibility:
walking distance from the subdivision to Highway
2 minutes going to Shell Gas Station
4 minutes going to Gaisano Grand Minganilla
6 minutes going to Jollibee Minglanilla
6 minutes going to Minglanilla Town Plaza
Transportation Details:
Tricycle going to Markets
PUJ (Public Utility Jeep) going to Malls, Hospitals and Schools
Sample Computation for Bank Financing
Selling Price : Php 1,761,975
Transfer/Miscellaneous Fee: Php 121,909
Total Contract Price: Php 1,883,884
1.Reservation Fee : Php 25,000 (deductible from downpayment)
2. 3% Spot Equity/Downpayment : Php 31,517
7% Remaining Downpayment: Php 137,605 payable for 24 months
Php 5,733/month
3. 90% Loanable Amount : Php 1,695,495
Estimated Bank Loan Computation
20 years @ Php 11,663/month
* 15 years @ Php 13,854/month
* 10 years @ Php 18,401/month
* 5 years @ Php 32,386/month
Sample Computation for Pagibig Financing
Selling Price : Php 1,761,975
Transfer/Miscellaneous Fee: Php 121,909
Total Contract Price: Php 1,883,884
1.Reservation Fee : Php 25,000 (deductible from downpayment)
2. 3% Spot Equity/Downpayment : Php 31,891
12% Remaining Downpayment: Php 235,895 payable for 24 months
Php 9,829/month
3. 90% Loanable Amount : Php 1,601,301
Estimated Pagibig Loan Computation
* 30 years @ Php 8,967/month
* 25 years @ Php 9,714/month
* 20 years @ Php 10,902/month
* 15 years @ Php 12,978/month
* 10 years @ Php 17,279/month
* 5 years @ Php 30,494/month