Name of Project: Astele Subdivision
Location: Maribago, Lapu-Lapu City, Cebu
Astelé Subdivision is a sanctuary where the therapeutic breeze of the nearly ocean calms your being. A modern community settled in the vibrant island of Mactan, Astelé is surrounded with beautiful world-class beach resorts -- a vacation is never too far away.
Being strategically located at Maribago, Lapu-Lapu City, Astelé is within the proximity of the famous blue beaches, resorts and diving spots along Maribago and other places in Mactan Island, Cebu.
Landmarks/Accessibility:
-walking distance going to Tambuli Beach Resort
-4 minutes going to Science & Technology Education Center
-4 minutes going to MEPZ-2
-6 minutes going to Mactan Doctors Hospital
-10 minutes going to Sto. Niño Church
-10 minutes going to Mactan Cebu International Airport
-10 minutes going to Marina Mall
Transportation Details:
-Motorcycle and Tricycle from the subdivision going to National Hi-way
-PUJ (Public Utility Jeep) going to Malls, Hospitals and Schools
Sample Computation for Bank Computation
Selling Price: Php 15,043,032
Taxes and Other Related Charges: Php 1,308,090
Total Contract Price : Php 16,351,122
1.) Reservation Fee (RF): Php 50,000 (deductible from the downpayment)
2.) 13% Equity/Down Payment (DP):Php 1,807,814 payable up to 3 months Php 602,605/month
Monthly TORC: Php 1,308,090 payable up to 3 months Php 436,030/month
3.) 87% Loanable Balance: Php 13,087,438
Estimated Bank Loan Computation
* 20 years @ Php 90,027/month
* 15 years @ Php 106,935/month
* 10 years @ Php 142,033/month
* 5 years @ Php 249,985/month
Sample Computation for Pagibig Computation
Selling Price: Php 15,043,032
Taxes and Other Related Charges: Php 1,308,090
Total Contract Price : Php 16,351,122
1.) Reservation Fee (RF): Php 50,000 (deductible from the downpayment)
Equity Discount: Php 216,620
2.) 24% Equity/Down Payment (DP):Php 3,343,707 payable up to 4 months Php 835,927/month
Monthly TORC: Php 1,308,090 payable up to 2 months Php 654,045/month
3.) 76% Loanable Balance: Php 11,432,407
Estimated Pagibig Loan Computation
* 30 years @ Php 64,018/month
* 25 years @ Php 69,354/month
* 20 years @ Php 77,837/month
* 15 years @ Php 92,656/month
* 10 years @ Php 123,365/month
* 5 years @ Php 217,713/month
In-house Financing
5 Years @ Php 173,112/month