Pines Townhouse Model
Pinecrest Village @ Carmona Estates
Barangay Lantic, Carmona Cavite
60sqm Floor Area 50sqm Lot Area
1 Bedroom / 1 Toilet & Bath Downstairs
2 Bedroom / 1 Toilet & Bath/Terrace Upstairs
Pag-Ibig, Bank, and In-House Financing are Accepted
Small Family’s Starting-Out Ideal Place
Only P10,000 to reserve for a unit.
Low Monthly Amortization of P8,482.89/mo. thru Pag-Ibig Financing 30yrs @8.5%

House Features:

* Floor Area: 60 sq. m.
* Lot Area: 50 sq. m.
* Three (3) Bedrooms
* 2 Toilet and Bath
* Living Area
* Dining Area
* Kitchen Area
* Laundry / Service Area
* Provision for 1 Carport
* Provision for Front Lawn
* Provision for CATV,
* Telephone and Air-conditioning Unit

House Finishes:

* Pre-painted Long Span Roofing
* Interior and Exterior Wall Paint Finish
* Tiled Kitchen Counter with Stainless Kitchen Sink
* Tiled Toilet and Bath
* Ceramic Bathroom Fixtures

Computations

Option 1: Through Pag-Ibig

Selling Price = Php1,060,000.00

Add: Processing Fee = 127,200.00

Total Contract Price = Php1,187,200.00

Less: Loanable Amount to Pag-ibig = 1,000,000.00

Required Equity = 187,200.00

Less Reservation Fee = 10,000.00

Net Equity = 177,200.00

Monthly Equity for 12 month = 14,766.67

Balance Loanable to Pag-ibig = 1,000,000.00

Insurance: MRI = 410.00

Fire = 383.79

Monthly PAG-IBIG Amortization:

30 yrs @ 8.5% = 8,482.89

25 yrs @ 8.5% = 8,846.09

20 yrs @ 8.5% = 9,471.99

15 yrs @ 8.5% = 10,641.19

10 yrs @ 8.5% = 13,192.39

5 yrs @ 8.5% = 21,310.29

NOTE:

• MRI and FIRE Insurance are already included.

• Maximum of 12 months downpayment term for Pag-ibig financing.

• Maximum terms of loan varies depending on Buyer’s age.

• Loan must be paid before Buyer reaches 70 yrs. old.

• Processing Fees includes Transfer of Title, Advance One Year Fire/MRI insurance,

one year advance property tax and other blueprints.

Option 2: Through Bank Financing

Selling Price = P1,060,000.00
20% Downpayment = 212,000.00
Less: Reservation = 20,000.00
Net Downpayment = 192,000.00
Payable in 12mo. = 16,000.00

Loanable Amount = P848,000.00
Legal and Misc. Fees = 84,800.00
Total Loanable Amt. = P932,800.00
Insurance: MRI = 381.60
Fire = 140.04

Monthly Amortization @10.5% Interest (Bank Financing):
5yrs. = P20,571.15
10yrs. = 13,108.38
15yrs. = 10,832.80
20yrs. = 9,834.53
25yrs. = 9,328.97

NOTE:
• Fire and MRI insurance are included.
• Move-in on the 13th to 15th month or after paying downpayment if the house is already ready.
• Processing Fees includes Transfer of Title.
• Interest rate is for reference only.
• Prevailing interest rate will apply upon loan takeout.
• Bank terms for OFW is 15 yrs while locally employed has up to 25 yrs.
• Developer will process loan. Tied up with Metrobank and UCPB.
• Bank maximum approved amount will depend on salary & age (loan maturity is 55 yrs.).

Option 3: In-House Financing
(Inner Unit)
Selling Price = P1,060,000.00
Downpayment = 212,000.00
ADD:
Legal and Misc. Fees = 47,700.00
Total Downpayment = 259,700.00
LESS:
Reservation = 10,000.00
Net Downpayment = 249,700.00
Payable in 12 months = 20,808.33
Total Remaining Balance = 848,000.00
Amortization Excluding Insurance Fees:
10yrs. = 16,954.21
6yrs. = 19,341.00

NOTE:
• Fire & MRI insurance not included. Estimated at .0005% of loanable amount.
• Transfer of Title cost not included.
• Processing fees includes One year Advance Real Property Tax & Insurances,
Advance Homeowners Dues and Documentation/Notarial Fees.
• In-house processing will be processed by the Developer. Buyer just need to submit requirements

***Stop Renting! Own your Dream Home.***

CONTACT FOR FREE SITE VIEWING
Name: Johnny Chua
E-mail: sales@cavitehomes.com
Yahoo Messenger: asensotayo@yahoo.com
Contact: (+63)917-8617588 ; (+63)923-9026965
Website: www.cavitehomes.com