MH#221

ILUMINA ESTATE SUBDIVISION

Location Area Communal Buhangin, Davao City
Price: ₱ 7,429,000.00
Type of House: Single Detached
Property Type: High Cost Housing
Status: For Sale
Financing: Bank
Reservation Fee: ₱ 50,000.00
Bed/s: 3
Bath/s: 2
Floor Area 72.20 sqm
Lot Area 180sqm

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 Telephone

Package Price: P7,429,000.00
Reservation Fee: P50,000

In-House Financing:
1.) a.30% Downpayment in Cash:   P2,228,700.00
Less:3% Discount on D/P:     P66,861.00
Net Downpayment:                P2,161,839.00

b.30% Downpayment:         P2,228,700.00
Less: Reservation Fee:    P50,000.00
Downpayment Balance:    P2,178,700.00
Payable in 8 months at:    P272,337.50

2.) 70% Balance Payable:              P5,200,300.00
If paid in 1 year-0% interest:          P433,358.33.00
If paid in 2 years @ 15% interest: P252,145.12
If paid in 3 years @ 15% interest: P180,270.11

3.)MRI/FI per year

Bank Financing:
1.)10% Downpayment:        P742,900.00
Less:Reservation Fee:   P50,000.00
Downpayment Balance: P692,900.00
Payable in 8 months:     P86,612.50

2.)90% Estimated Loanable:         P6,686,100.00
Estimated mo. Amort. 5years:   P132,392.79
Estimated mo. Amort. 10years: P77,631.29
Estimated mo. Amort. 15years: P60,096.56

Transfer of Title: P221,239.56

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