Residential Lot Ilumina Estate

₱6,538,560 M
Middle Class

942

Property ID

417 m2

Size

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:                ₱ 1,902,712.96

b. 30% Equity in Cash: ₱ 1,961,560.00
Less Reservation:    ₱ 30,000.00
Equity Balance:        ₱ 1,931,560
Payable 3 Months:    ₱ 321,926.66

2.) 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: ₱ 116,227.11

B. 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 212,952

2.) 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 47,016.34

NOTE: 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

Address: Brgy. Communal Buhangin, Davao City
  • Country: Philippines
  • Province / State: Davao Del Sur
  • Postal code / ZIP: 8000
Open on Google Maps

Contact

Maricel Dominguez

Property Agent
Whatsapp|Viber: +63 953 184 4448
Other Properties

Leave a Reply

Your email address will not be published. Required fields are marked *