mesa verte amort wt pag ibig financing

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Mesa Verte Condominium Project (Cagayan de Oro)- a project of Cebu Landmasters, Inc.

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MESA VERTE CONDOMINIUM PROJECT

UNIT TYPE:Studio Type AFLOOR AREA:20.30 sqmLEVEL: 3rd FloorLIST PRICE: P 1,436,225.00*TRANSFER CHARGES (to be paid on the 31st month):P85,564.50RESERVATION FEE: P 15,000.00EQUITY: 15% of list price payable in 30 months interest free at P6,655.00/month

85% of list price bank financing or pag ibigThrough pag-ibig financing with interest fixed at 6.5% for 3 years:At 30 years: P7,662.00 (reqd gross monthly income: P21,891.00)At 25 years: P 8,185.00(reqd gross monthly income P23,384.60)At 20 years: P9,038.00 (reqd gross monthly income: P25,821.60)At 15 years: P10,559.25 (reqd gross monthly income: P 30,169.30)At 10 years: P13,764.00 (reqd gross monthly income: P39,325.33)

PARKING SPACEAREA: 12 sqmPRICE: P450,000.00RESERVATION: P15,000.00DOWNPAYMENT (15% of the List Price): P67,500.00 payable in 30 months interest free at P1,750/monthBALANCE: P367,500.00 via Pag ibig/bank financing after 30months:

At 30 years: P 2,322.85 (reqd gross monthly income P6,636.71)At 25 years: P 2,481.39 (reqd gross monthly income P 7,089.68)At 20 years: P2,739.98 (reqd gross monthly income P 7,828.52)At 15 years: P3,201.32 (reqd gross monthly income P 9,146.63)At 10 years: P4,173.00 (reqd gross monthly income P 11,922.54)At 5 years: P 7,191.00 (reqd gross monthly income P20,544.50)

Monthly amortization on 1studio type unit + 1 carparkRESERVATION: P30,000.00EQUITY: 15% of the total list price payable in 30months at P8,355.00/month beginning October 7,2015After 30 months: P1,220,791.25 (85% balance of residential unit) + P367,500.00 = P1,588,291.25 amountfor financingThrough pag-ibig financing with interest fixed at 6.5% for 3 years:At 30 years Php 10,039.08 (reqd gross monthly income Php 33,463.60)At 25 years Php 10,724.26 (reqd gross monthly income Php 35,747.52)At 20 years Php 11,841.87 (reqd gross monthly income Php 39,472.91)At 15 years Php 13,835.72 (reqd gross monthly income Php 46,119.07)At 10 years Php 18,034.73 (reqd gross monthly income Php 60,115.75)At 5 years Php 31,076.74 (reqd gross monthly income Php 103,589.14)

*the higher the floor level, the higher the price