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Madison House Model at Ridgecrest
Walking Distance to SM Molino, Bacoor Cavite
Living area / kitchen / car park / mini garden / laundry area / restroom - Ground Floor
3 bedrooms / restroom - Second Floor
Multi purpose area / bedroom / restroom - Third Floor
Can be bought thru Bank, Cash and In-House Financing
Inner Lot cut is 110sqm FA, 80sqm LA

Amenities and Facilities
• Clubhouse
• Swimming Pool
• Multi-Purpose Court
• Park/Children’s Playground
• Jogging Path
• Elevated Water Tank
• 24-Hour Security

House Features:
• Floor Area: 110 sq. m.
• Lot Area: 80 sq. m.
• Three (3) Storey
• Four (4) Bedrooms
• Three (3) Toilet & Bath
• Living Area
• Dining Area
• Kitchen
• Multi-Purpose Area
• Service Area
• Balcony
• Carport

House Finishes:
• Painted Exterior/Interior Walls
• Tiled Toilet & Bath
• Tiled Kitchen Counter with Stainless Kitchen Sink
• Powder Coated Cathedral Window
• Decorative Accent Stones
• Provision for CATV, Telephone and Air-Conditioning Units

SAMPLE COMPUTATION FOR RIDGE CREST

Option 1: BANK FINANCING SCHEME (INNER LOT)
PRICE STARTS AT PHP 2,200,000.00 TO PHP 2,500,000.00

Typical Selling Price = Php 2,218,000.00            
Down payment = Php 443,600.00
LESS: Reservation Fee = Php 30,000
Net Down Payment = Php 413,600.00
Payable in 12 mos = Php 34,466.67
Loanable Amount = Php 1,774,400.00
ADD: Legal Fees = Php 177,440.00
Total Loanable Amount = Php 1,951,840.00
Monthly Amortization
• Bank Financing computation is base on your bank of choice and subject to the bank’s requirements
• Bank’s prevailing interest at point of takeout shall apply
• Indicative interest rate shall be used in computing for monthly amortization
5 years to pay with 10.5% interest =      Php 41,952.65
10 years to pay with 10.5% interest = Php 26,337.15
15 years to pay with 10.5% interest = Php 21,575.62
20 years to pay with 10.5% interest = Php 19,486.78

Option 2: IN-HOUSE FINANCING SCHEME (INNER LOT)
PRICE STARTS AT PHP 2,200,000.00 TO PHP 2,500,000.00

Typical Selling Price = Php 2,218,000.00
Down Payment = Php 443,600.00
ADD: Legal Fees = Php 99,810.00
Total Down Payment = Php 543,410.00
LESS: Reservation Fee = Php 30,000.00
Net Down Payment = Php 513,410.00
Payable in 12 mos = Php 42,784.17
Total Loanable Amount = Php 1,774,400.00        
Monthly Amortization
(Excluding MRI/Fire)
5 years to pay = Php 45,058.10
10 years to pay = Php 35,475.88

Option 3: CASH PAYMENT SCHEME (INNER LOT)
(Legal & Miscellaneous Fees and Reservation Fee not included in the computation of the discount)
PRICE STARTS AT PHP 2,200,000.00 TO PHP 2,500,000.00

Typical Selling Price = Php 2,218,000.00
Less: Reservation Fee = Php 30,000.00
Selling Price Net of Reservation Fee = Php 2,188,000.00
10% Discount within 7 days from the date of reservation =  Php 1,969,200.00
9.5% Discount within 8 to 30 days from the date of reservation =  Php 1,980,140.00
9% Discount within 31 to 60 days from the date of reservation = Php 1,991,080.00
8.5% Discount within 61 to 90 days from the date of reservation =  Php 2,002,020.00        

***Stop Renting! Own your Dream Home.***
Schedule for a FREE Tripping Now!!!
Name: Johnny Chua
Website: www.cavitehomes.com
E-mail: sales@cavitehomes.com
Yahoo Messenger: asensotayo@yahoo.com
Contact: (+63)917-8617588 ;(+63)923-9026965
Landline: (02)380-3792