Sample Computations:

Option 1: Bank | In-House Financing (12.5% Down Payment)

PRICE STARTS AT PHP 1,250,000.00 AND UP Updated May 8, 2014
TERMS BANK FINANCING IN-HOUSE FINANCING
12.5% DP 24 Months DP
Selling Price Php 1,250,000.00 Php 1,250,000.00
Add: Legal and Misc Fees Php 100,000.00 Php 56,250.00
Total Package Price Php 1,350,000.00 Php 1,306,250.00
Down Payment Php 168,750.00 (12.5%) Php 391,875.00 (30%)
Less: Reservation Php 10,000.00 Php 10,000.00
Net Down Payment Php 158,750.00 Php 381,875.00
Monthly DP Php 10,583.33 (15mos) Php 15,911.46 (24mos)
Total Loanable Amt. Php 1,181,250.00 (87.5%) Php 914,375.00 (70%)
Monthly Amortization based on 8% (Indicative Rate Only. Prevailing Bank Rates will Apply):
20yrs. Php 9,880.45
15yrs. Php 11,288.64
10yrs. Php 14,331.82 Php 18,281.25
05yrs Php 23,951.49 Php 23,219.11
NOTE:
MRI and FIRE Insurance not included.
Move-in after 24 months
Monthly Amortization payments will a month after the last Down Payment.
Processing Fees includes Transfer of Title for Bank Financing. Not yet included for In-House.
Interest rate is for reference only. Prevailing interest rate will apply upon loan takeout.
Bank terms for OFW is 15 yrs ; Locally Employed is up to 20 yrs.
Developer will process loan. Homebuyer just need to submit Requirements.
Bank maximum approved amount will depend on salary and age (loan maturity is 65yrs. for locally employed and 60yrs for OFW)
Option 2: Cash Payment Scheme
(Legal & Miscellaneous Fees and Reservation Fee not included in the computation of the discount)
PRICE STARTS AT PHP 1,250,000.00 AND UP
Typical Selling Price Php 1,250,000.00
Less: Reservation Fee Php 10,000.00
Selling Price Net of Reservation Fee Php 1,240,000.00
10% Discount within 7 days from the date of reservation Php 1,116,000.00
9.5% Discount within 8 to 30 days from the date of reservation Php 1,122,200.00
9% Discount within 31 to 60 days from the date of reservation Php 1,128,400.00
8.5% Discount within 61 to 90 days from the date of reservation Php 1,134,600.00
NOTE:
Transfer of Title cost not included.
Processing fees not yet included in the computation. (4.5% of Selling Price)
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
Getting a Diana Townhouse is as EASY as 1-2-3
(1) Reservation (2) Submission of Documents (3) House Turn-Over
Call Esperanza Obado to schedule for a
site viewing.
Choose a BLOCK and LOT, then pay
the Reservation.
Buyers are given 60 days from Reservation
to Submit the documents.
Lists of Requirements can be found in the
button below.
Buyers are given 60 days from Notice of
Completion to inspect their unit.
Upon acceptance. Buyer can Move-In to
their new unit.
Buyers Counseling to know your Rights
and Responsibilities.
Bank and In-House forms are provided.