Residential Lot Ilumina Estate
Description
RESIDENTIAL LOT AT ILUMINA ESTATE
Location: Communal Buhangin, DavaoCity
Available 4 lots: shaded in RED COLOR
PAYMENT SCHEME: Blk 13 Lot 4
Lot Cost 417 sq m x 15,680: ₱ 6,538,560.00
A. IN-HOUSE-FINANCING
Total Contract Price: ₱ 6,538,560.00
1.) a. 30% Equity in Cash: ₱ 1,961,560.00
Less 3% on Equity: ₱ 58,847.04
Net Equity: ₱ 1,902,712.96b. 30% Equity in Cash: ₱ 1,961,560.00
Less Reservation: ₱ 30,000.00
Equity Balance: ₱ 1,931,560
Payable 3 Months: ₱ 321,926.662.) 70% Balance Payable: ₱ 4,577,055
If paid in 1 yr at 0% interest: ₱ 381,421.25
If paid in 2 yr at 15% interest: ₱ 221,926.05
If paid in 3 yr at 15% interest: ₱ 158,665.11
If paid in 4 yr at 18% interest: ₱ 134,450.90
If paid in 5 yr at 18% interest: ₱ 116,227.11B. BANK FINANCING
1.) 20% Equity: P 1,307,712.00
Less Reservation: P 30,000.00
Equity Balance: P 1,277,712.00
Payable in 6 Months: P 212,9522.) 80% Estimated Bank Financing: P 5,230,848.00
Estd. Monthly Amortization 5 yrs @7% int. : P 103,577.05
Estd. Monthly Amortization 10 yrs @7% int. : P 60,734.58
Estd. Monthly Amortization 15 yrs @7% int. : P 47,016.34NOTE: Loanable amount is subject to loan approval
C. Spot cash with discounts: ask for quotation
D. Transfer of title: ask for quotation
E. Bank charges one-time payment: ask for quotation
Address
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Address Brgy. Communal Buhangin, Davao City
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Country Philippines
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Province/State Davao Del Sur
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Postal code/ZIP 8000
Overview
- Property ID 942
- Price ₱6,538,560 M
- Property Type For Sale, House And Lot, Residential Lot
- Property status Middle Class
- Size 417 m2
- Label Ongoing Construction
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