Sunday, September 19, 2010

Twin Palms - Justine



Justine



Lot Category
-
Lot Size (sq.m.)
121
Excess Lot, if any (sq.m.)0
Total Lot Area (sq.m.)
121
Floor Area (sq.m.)
55.77
No. of Bedrooms
2 BR




Total Package Cost (Inclusive of VAT)3,300,000.00




A. SPOT CASH or DEFERRED CASH
Spot Cash (30 days) less 5%3,135,000.00
Deferred Cash (3months to pay) less 2%3,234,000.00
monthly payment
1,078,000.00




B. IN-HOUSE FINANCING
20 % Downpayment (payable in 1yr@0% int)660,000.00
Reservation Fee
50,000.00
monthly payment
50,833.33




80% REMAINING BALANCE2,640,000.00




C. BANK FINANCING (30% - 70%)
30% of Total Package Price (Inclusive of VAT)990,000.00
Less: Reservation Fee
50,000.00
12 Monthly Equity Payment78,333.33




Loanable Amount
2,310,000.00
5 yrs @ 10.25% interest
49,365.31
10 yrs @ 11.50% interest32,477.55
15 yrs @ 12.125% interest27,909.92




D. HDMF FINANCING

Amount to be Financed
3,300,000.00
Less: Reservation Fee
50,000.00
Less: as equity to be paid to us (1 yr. @ 0% int.)1,250,000.00
Loanable Amount
2,000,000.00
15 yrs @ 10.5% interest P.A.22,107.98
20 yrs @ 10.5% interest P.A.19,967.60
25 yrs @ 10.5% interest P.A.18,883.63
30 yrs @ 10.5% interest P.A.18,294.79

Contact Person:

Joe Trondillo
Property Consultant
09184244228

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