Sample Computations:

Option 1: Bank Financing | In-House Financing:

Range: Php 3,100,000.00 and Up. Updated June 03, 2014
TERMS BANK FINANCING IN-HOUSE FINANCING
12.5% DP 24 Months DP
Selling Price Php 3,100,000.00 Php 3,100,000.00
Add: Legal and Misc. Fees Php 248,000.00 (8%) Php 139,500.00 (4.5%)
Total Package Price Php 3,348,000.00 Php 3,239,500.00
Down payment Php 418,500.00 (12.5%) Php 971,850.00 (30%)
Less: Reservation Php 20,000.00 Php 20,000.00
Net Down payment Php 398,500.00 Php 951,850.00
Monthly DP Php 26,566.67 (15mos) Php 39,660.42 (24mos)
Total Loanable Amt. Php 2,929,500.00 (87.5%) Php 2,267,650.00 (70%)
Monthly Amortization @ 8% (Indicative Rate Only. Prevailing Bank Rates will apply):
20 yrs. Php 24,503.51
15 yrs. Php 27,995.83
10 yrs. Php 35,542.92 Php 45,337.51
05 yrs. Php 59,399.70 Php 57,583.40
NOTE:
MRI and Fire insurance not yet included in the computation.
Move-in on the 21st to 24th month.
Monthly Amortization payments will start a month after the last Down Payment.
Processing Fees includes Transfer of Title for Bank Financing. Transfer of Title not yet included for In-house financing.
Interest rate is reference only. Prevailing interest rate will apply upon loan takeout.
Bank terms is up to 20 yrs. maximum. 15 yrs for OFW.
Developer will process loan. Homebuyers just need to submit Requirements.
Bank maximum approved amount will depend on salary and age (loan maturity is 65 yrs. for locally employed ; 60 yrs old for OFW)

Option 2: Cash Payment Scheme
(Legal & Miscellaneous Fees and Reservation Fee not included in the computation of the discount)
PRICE STARTS AT PHP 3,100,000.00 AND UP
Typical Selling Price Php 3,020,000.00
Less: Reservation Fee Php 20,000.00
Selling Price Net of Reservation Fee Php 3,080,000.00
10% Discount within 7 days from the date of reservation Php 2,772,000.00
9.5% Discount within 8 to 30 days from the date of reservation Php 2,787,400.00
9% Discount within 31 to 60 days from the date of reservation Php 2,802,800.00
8.5% Discount within 61 to 90 days from the date of reservation Php 2,818,200.00

Alexandra Single Lancaster Estates
Getting an Alexandra Single is as EASY as 1-2-3
(1) Reservation (2) Submission of Documents (3) House Turn-Over
Call Esperanza Obado to schedule for a
site viewing.
Buyers are given 60 days from Reservation
to Submit the documents.
Buyers are given 60 days from Notice of
Completion to inspect their unit.
Choose a BLOCK and LOT, then pay
the Reservation.
Buyers Counselling to know your Rights
and Responsibilities.
Lists of Requirements can be found in the
button below.
Bank and In-House forms are provided.
Upon acceptance. Buyer can Move-In to
their new unit.