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THE RIDGES AT CASA ROSITA HOUSE AND LOT IN CEBU CITY

Php 6,900,000

Ad Type: For Sale | Location: Cebu City
| Views: | Comments: | 21 October 2014
THE RIDGES MODEL HOUSE

SAMPLE COMPUTATION FOR BANK FINANCING

Phase 2, Block 9, Lot 17 Model 2C
Lot area: 148 sq.m.
Floor area: 140 sq.m.

Total Contract Price: Php 7,982,688.00
Reservation Fee: 50,000.00 ( non-refundable )

30% Equity/Downpayment: 2,394,806.40 ( payable within 6 months 0 interest )
6 months to pay = 390,801.06 per month

70% Balance = 5,587881.60 ( loanable to Bank BPI at 5.5% rate fixed for one year )
20 years to pay = 38,438.33 per month

1. Total Contract Price is valid only for 30 days and is inclusive of Value Added Tax (VAT).
2. Reservation Fee is non-transferable.
3. Only Fifty Percent(50%) of the Reservationi fee is refundable.
4. Bedroom cabinets, lighting fixtures and landscaping are not included.
5. Registration and other expenses for the Transfer of Title shall be for Buyer's account.
6. Real Estate Taxes shall be for Buyer's account starting on the date the UNIT TURN-OVER FORM is signed by Buyer even if the Contract to Sell or the Deed of Absolute Sale has not yet been signed or completed, regardless of the reasons or causes.

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