Name of Project: Ormoc City REsidences 2 - Economic Model 1 Rowhouse
Location: Sitio Pudlos Brgy. Salvacion Ormoc City
LTS NO. 034474-034475
Landmarks/Accessibility:
• 2 mins. From Ormoc Airport to Site
• 5 mins. From Robinson Mall to Site
• 9 mins. From Ormoc District Hospital (ODH) to Site.
• 12 mins. From Eastern Visayas State University to Site.
• 13 mins. From SM Center to Site
• 15 mins. From Seaport and Bus Terminal to Site.
Transportation Details:
• Tricycle from the subdivision going to Ormoc City Proper
• Tricycle going to malls, hospitals and schools
PAYMENT FINANCING SCHEME/COMPUTATION
Sample Computation
House and Lot: Php 1,000,000
Documentation fee: Php 200,000
Total Contract Price: Php 1,200,000
1. Reservation Fee (RF): Php 20,000
2. Equity/Downpayment: Php 30,000
A. payable up to 6 months 5,000/ month
B. payable up to 12 months 2,500/ month
3. Loanable Amount: Php 1,150,000
Pag-IBIG Financing Sample Computation:
Estimated Monthly Salary/Income Requirement: Php 23,916.67
Loanable Amount: Php 1,150,000
* 30 years @ Php 7,174.50/month
* 25 years @ Php 7,675/month
* 20 years @ Php 8,490/month
* 15 years @ Php 9,939/month
* 10 years @ Php 12,985/month
* 5 years @ Php 22,434/month
PACKAGE INCLUDES:
Kitchen Cabinet w/ granite counter top
Finished service area
PACKAGE EXCLUDES:
Lights Fittings and bulbs
Electricity Installation Fee
Processing Fee (Pag-ibig/Bank)
Annual Real Property Tax
INITIAL REQUIREMENTS:
1. Reservation fee Php 20,000 (Online Bank Transfer/Deposit to DHPDI Bank Acct.)
2. Income Documents, either of the ff. (3 mos. payslip, COEC, Employment Contract, Certificate of Engagement with at least 12 mos. pay transaction slip).
3. Photocopy of 2 valid primary ID's (spouse ID's required if married)
4. Birth Certificate/ Marriage Contact
5. Authorization Letter and valid ID of the authorized person (if applicable)
REMARKS:
Reservation fee is non-refundable and non-transferable
DHPDI reserves the right to correct any errors in this computation.
Please make checks payable to DEO HOMES AND PROPERTY DEVELOPMENT, INC.