Name of Project: Park Place 2
Location: Sitio Judas Belt, Babag 2, Lapulapu City
Landmarks/Accessibility:
Walking distance access to Commercial Outlet within Pueblo De Oro Community
5 minutes drive going to church
8 minutes drive going to Public & Private Schools
10 minutes drive going to City College
11 minutes drive going to District Hospital
15 minutes drive going to Solea Resort
30 minutes drive going to Mactan International Airport
Total Contract Price: Php 8,404,385
1.) Reservation Fee: Php 40,000 (Deductible from Downpayment)
2.) Equity/Downpayment: Php 800,438 payable for 18 mos Php 44,469/mo
3.) Loanable Amount: Php 7,563,946
OPTION 1
Estimated Bank Loan Computation
* 20 yrs @ Php 52,031/mo.
* 15 yrs @ Php 61,804/mo.
* 10 yrs @ Php 82,089/mo.
* 5 yrs @ Php 144,480/mo.
OPTION 2
Deffered Cash
Monthly Amortization: Php 7,938,168 payable up to 24 mos Php 330,757/mo.
OPTION 3
In-House Financing
5 yrs @ Php 185,303/mo.