MH#224

ILUMINA ESTATE SUBDIVISION

Location Area Communal Buhangin, Davao City
Price: ₱ 7,502,000.00
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 72.47sqm
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: P7,502,000.00
Reservation Fee: P50,000

In-House Financing:
1.) a.30% Downpayment in Cash:   P2,250,600.00
Less:3% Discount on D/P:     P67,518.00
Net Downpayment:                P2183,082.00

b.30% Downpayment:         P2,250,600.00
Less: Reservation Fee:    P50,000.00
Downpayment Balance:    P2,200,600.00
Payable in 8 months at:    P275,075.00

2.) 70% Balance Payable:              P5,251,400.00
If paid in 1 year-0% interest:          P437,616.67
If paid in 2 years @ 15% interest: P254,622.78
If paid in 3 years @ 15% interest: P182,041.51

3.)MRI/FI per year

Bank Financing:
1.)10% Downpayment:        P750,200.00
Less:Reservation Fee:   P50,000.00
Downpayment Balance: P700,200.00
Payable in 8 months:     P87,525.00

2.)90% Estimated Loanable:         P6,751,800.00
Estimated mo. Amort. 5years:   P133,693.73
Estimated mo. Amort. 10years: P78,394.12
Estimated mo. Amort. 15years: P60,687.09

Transfer of Title: P223,333.26

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