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Apr 09

CUBAO TOWNHOUSE – 11th Avenue Square

HOUSE SPECIFICATIONS:


  • Three (3) Storey Townhouse
  • Floor Area: 90-92 sq.m.
  • Lot Area: 32-42 sq.m.
  • Three (3) Bedrooms
  • Three (3) Toilet and Bath
  • One (1) –  car garage
  • Laundry/Service Area

PRICE & TERMS


  • Cash or Bank Financing
  • Reservation Fee: Php. 100,000.00
  • 30% Initial Investment in 20 months
  • 70% Full payment upon turnover of units or 70% thru bank financing
  • Processing Fee is apprx. 6% of Total Contract Price
  • Target RFO Date: 4th Quarter of 2014

UNIT

FLOOR AREA (sq. m)

LOT AREA (sq. m)

INVESTMENT VALUE

A, B, F, G

90 sq.m

40 sq.m

Php 4,500,000

C, D, E

75 sq.m

32 sq.m

Php 4,200,000

H

75 sq.m

34.35 sq.m

Php 4,200,000

I

75 sq.m

40.53 sq.m

Php 4,350,000

SAMPLE COMPUTATION:


Total Investment Value: Php 4,200,000
Reservation Fee: Php. 100,000
30% Initial Investment in 20 months: Php. 58,000
Bank Financing:
5 years @ 8%: 59,613
10 years @ 8%: 35,671
15 years @ 8%: 28,097
»»MBTC Fixed Rate for 1 year; yearly repricing after the fixing period

Total Investment Value: Php 4,500,000
Reservation Fee: Php. 100,000
30% Initial Investment in 20 months: Php. 62,500
Bank Financing:
5 years @ 8%: 63,871
10 years @ 8%: 38,219
15 years @ 8%: 30,104
»»MBTC Fixed Rate for 1 year; yearly repricing after the fixing period

DOCUMENTARY REQUIREMENTS FOR BANK FINANCING


  • 2 Government Issued ID’s (Passport, SSS, GSIS, Voter’s ID, Postal, TIN, NBI, PRC ID, Driver’s License)
  • Tax Identification Number (TIN)
  • Marriage Contract (married); Birth Cert. (single)
  • Annulment/Divorce paper (separated)
  • Postdated Checks (PDCs)

For Bank Financing

If Applicant Is Locally Employed:

  • Latest Certificate of Employment and Compensation
  • Latest BIR form 2316 or ITR
  • Latest 3 months Payslip

If Applicant Is Self-Employed:

  • Business Registration from DTI or SEC
  • Articles of Incorporated and by-laws (if Corp.)
  • Financial Statements / Latest 2 years ITR
  • Latest 6 months Bank Statements

If Applicant Is Overseas Filipino Worker (OFW):

  • Special Power of Attorney (Bank Form) consularized by the Philippine Consular Office
  • Consularized or Verified Employment Contract and/or Certificate of Employment and Compensation (COEC) with Payslips attached (as deemed necessary)
  • Proof of remittances/allotment with any local bank.
  • Latest 6 months payslip

 

INQUIRE NOW:  09178289128 / 09228289128 / 09399289128 

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