MH#226

ILUMINA ESTATE SUBDIVISION

Location Area Communal Buhangin, Davao City
Price: ₱ 12,532,000.00
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

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: P12,532,000.00
Reservation Fee: P50,000

In-House Financing:
1.) a.30% Downpayment in Cash:   P3,759,600.00
Less:3% Discount on D/P:     P112,788.00
Net Downpayment:                P3,646,612.00

b.30% Downpayment:         P3,759,600.00
Less: Reservation Fee:    P50,000.00
Downpayment Balance:    P3,709,600.00
Payable in 10 months at:    P370,960.00

2.) 70% Balance Payable:              P8,772,400.00
If paid in 1 year-0% interest:          P731,033.00
If paid in 2 years @ 15% interest: P425,344.00
If paid in 3 years @ 15% interest: P304,096.13

3.)MRI/FI per year

Bank Financing:
1.)10% Downpayment:        P1,253,200.00
Less:Reservation Fee:   P50,000.00
Downpayment Balance: P1,203,200.00
Payable in 10 months:     P120,320.00

2.)90% Estimated Loanable:         P11,278,800.00
Estimated mo. Amort. 5years:   P223,333.76
Estimated mo. Amort. 10years: P130,956.43
Estimated mo. Amort. 15years: P101,377.04

Transfer of Title: P365,360.16

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