MH#194

ILUMINA ESTATE SUBDIVISION

Location Area Communal Buhangin, Davao City
Price: ₱ 12,472,000.00
Type of House: Two Storey
Property Type: High Cost Housing
Status: For Sale
Financing: Bank
Reservation Fee: ₱ 50,000.00
Bed/s: 4
Bath/s: 3
Floor Area 162.14sqm
Lot Area 180sqm

House Specifications:

Walls : Cast-In-Place Concrete Wall System
Roof : Colored Roof
Roof Framing : Steel Trusses
Ceiling : 5mm Plywood With 10mm Aluminum Heat Insulation
Toilet And Bath : Tiled Up To Ceiling (Flush Type Water
Closet with Pedestal Lavatory )
Kitchen : Granite Kitchen Counter With Hanging Cabinets
Windows : Steel Casement French Windows With Grills
Flooring : Polished Granite
Doors : Panel Main Door With Auto Finished Paint
Porch : Ceramic Tiles
Main Gate : Steel Gate With Exquisite Design
Garage : Concrete With Design
Perimeter Fence : Concrete With Decorative Grills At The Front
Landscaping : All Soils Covered With Grass And Plants With Decorative Stones
Other Features : Ready Lines For Tv/Cable And Telephon

Package Price: P12,472,000
Reservation Fee: P50,000

In-House Financing:
1.) a.30% Downpayment in Cash:   P3,741,600.00
Less:3% Discount on D/P:     P112,248.00
Net Downpayment:                P3,629,352.00

b.30% Downpayment:         P3,741,600.00
Less: Reservation Fee:    P50,000.00
Downpayment Balance:    P3,691,600,00
Payable in 6 months at:    P615,266.67

2.) 70% Balance Payable:                   P8,730,400.00
If paid in 1 year-0% interest:          P727,533.33
If paid in 2 years @ 15% interest: P423,307.83
If paid in 3 years @ 15% interest: P302,642.18

3.)MRI/FI per year

Bank Financing:
1.)10% Downpayment:        P1,247,200.00
Less:Reservation Fee:   P50,000.00
Downpayment Balance: P1.197,200.00
Payable in 6 months:     P199,533.33

2.)90% Estimated Loanable:         P11,224,800.00
Estimated mo. Amort. 5years:   P222,264.49
Estimated mo. Amort. 10years: P130,329.45
Estimated mo. Amort. 15years: P100,891.68

Transfer of Title: P363,665.46

Processing Fee: P7,840

LIST OF REQUIREMENTS

List of initial requirements are as follows:
Payment of full reservation fee
Completely filled-up and signed Reservation Agreement (RA)
Completely filled-up and signed Buyer’s Information Sheet (BIS)
Signed Checklist of Requirements

Locally Employed
One- (1) month latest payslip
Certificate Of Employment with Compensation
Birt Cert./Marriage Cert.
2 Valid ID’s (company or government ID’s)
Tin Number

Self-Employed
Two (2) years Audited Financial Statements with ITR-with Tax Receipt payment
Birt Cert./Marriage Cert.
TIN Number
2 Valid ID’s

OFW
One- (1) month latest payslip
Employment Contract
Birt Cert./Marriage Cert.
2 Valid ID’s (company or government ID’s)
Tin Number