Wednesday, July 31, 2013

Rent to Own House and Lot in Malagasang Imus Cavite

GREEN ESTATE IMUS CAVITE
LOCATION: MALAGASANG IMUS, CAVITE
Clubhouse and Basketbal court
Wide concrete roads
Centralized water system
Underground drainage system
Meralco Electric Facilities
TWO STOREY TOWN HOUSE
Lot Area : 52 sqm
Floor Area : 42 sqm
SAMPLE COMPUTATION

Total Contract Price : Php 884,000.00 

Loanable Amt. : Php 850,000.00 
Reservation Fee : Php 5,000.00
Equity (less Reservation Fee): Php 21,000.00
Misc Fee: Php 12,000.00
Total Equity (Equity less reservation fee plus Misc fee): Php 41,000.00
Resulting Total Equity payable in 8 months: Php 5,125.00 

PAGIBIG FINANCING
Monthly Amortization in 30 yrs. : Php 7,400.00 

In-House Financing
20% Downpayment : 175,800 
Downpayment for 12 months: 14,650.00
80% Balance: 703,300
Balance Monthly Amortization
Monthly Amortization in 5 years: 15,600.00
Monthly Amortization in 10 years: 11,700.00
Monthly Amortization in 15 yerars: 11,000.00

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