Saturday, December 27, 2008

Riverside Village




SUBDIVISION: RIVERSIDE VILLAGE, PIT-OS TALAMBAN CEBU CITY

entrance gate
perimeter fence
8.0 wide cemented roads

house type:

3 storey
2 bedrooms
1 maid's quarter
2 toilet and bath
1 car carage
lot area= min. of 36sqm
floor area= 90sqm

PRICE= 1.5M
financing schemes: inhouse, bank and PAGIBIG

a. 20% Down payment Equity = 300,000
-payable in 12months = 25,000/month
b. Misc. charges(Reg.Fee,Doc.Stamp,TransferTax)= 51,680
-payable in 12months = 4,306.66/month
Total Equity=P29,306.66/month
c. Pag-ibig Loanable = 1,200,000
-payable in 30 years = P10,976.87/month

If inhouse:

Balance is payable in 3 yrs at 18%= 43,382.87/month
5 yrs at 22% interest= 33,142.69/month
Straight monthly for 1 yr 0 interest= 100,000/per month

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