Sunday, January 17, 2010

Montana Vista Ready for Occupancy Units


Lot Area=120 sq.m
Floor Area=64 Sq.m

Beds=3
T&B=1

TCP=1,717,550
Reservation Fee=20,000




TERMS of Payments:

1.Spotcash
reservation
discount=181,320
Net TCP=1,516,230

2. Interim bank/In-house financing

a. Spot 20% Downpayment w/in 30 days
downpayment=344,000
discount=6%=17,257.14
reservation=20,000
net down=306,742.86
b. Spot 15% Downpayment w/in 30 days
downpayment=258,000
discount=6%=12,657.14
reservation=20,000
net down=225,343

5% balance payable in 3 months=86,000/3=28,667

2.1 Bank Financing
estimated loan amount=80%=1,373,550

monthly amortization required income
10 years@12%=19,707 65,692
7 years@12%=24,248 80,286
5 years@12%=30,555 101,850
3 years @12%=45,623 152,075

2.2 In-house financing
estimated loan amount=80%=1,373,550

monthly amortization required income
10 years@18%=24,750 82,501
7 years@18%=28,870 96,234
5 years@18%=34,880 116,267
3 years @18%=49,658 165,527

Requirements for Move-in Application
1. Full downpayment plus one month
2. Complete documents and PDC
3. Loan approved

Disclaimer: prices are subject to change without prior notice.

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2 comments:

  1. I hope this house is still available. I would appreciate very much if you can tell me if it is still available until now. My uncle will be coming sometime next month to buy property and finalize things upon his retirement. I hope you can accommodate my request and email your reply the soonest possible time. Thanks so much.


    Cagayan de Oro

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  2. I like the design of this house. Is it still on market? If not, what other types of houses you sell. Thanks for the further details.

    www.cdokay.com

    ReplyDelete