Name of Property: Tivoli Condominium Studio Unit
Location: Cabancalan Rd. Nasipit Talamban, Cebu City
Landmarks/Accessibility:
-13 minutes going to Cebu International School
-4 minutes going to Woodridge International School
-7 minutes going to North General Hospital
-7 minutes going to Gaisano Country Mall
Transportation Details:
-Tricycle/ Motorcycle from the condominium going to National Hi-way
-PUJ (Public Utility Jeep) going to Malls, Hospitals and Schools.
SAMPLE COMPUTATION:
1. TOTAL CONTRACT PRICE: PHP 1,940,000
2. Reservation Fee : Php 30,000 (Deductible to the Equity)
3. 20% EQUITY/DOWNPAYMENT: PHP 358,000
EQUITY/BREAKDOWN:
1 MONTH TO PAY 4%(less) Php 343,680
12 MONTHS TO PAY 2%(less) Php 29,237
24 MONTHS TO PAY 0% Php 14,917
36 MONTHS TO PAY 3%(Interest annually) Php 10,243
4.Loanable amount through Bank/Pag-Ibig: Php 1,552,000
Pag-ibig Computation:
* 30 years @ Php 9,682/month
* 25 years @ Php 10,358/month
* 20 years @ Php 11,457/month
* 15 years @ Php 13,413/month
* 10 years @ Php 17,524/month
* 5 years @ Php 30,276/month
Bank Computation:
* 20 years @ Php 12,033/month
* 15 years @ Php 13,950/month
* 10 years @ Php 18,020/month
* 5 years @ Php 30,731/month
OTHER CHARGES:
TRANSFER TAX(0.50%) : Php 9,700
Registration(2.75%) : Php 53,350
Move In Fee (1%) : Php 19,450
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Total Miscellaneous Fee: Php 82,450 Payable in 20months
Monthly of : 4,122.50/month for 20months