Name of Project: Lincoln at IPI center- 3 BR
Location: Pope John Paul II Ave, Mabolo, Cebu City
Landmarks/Accessibility:
Walking distance to highway.
5 minutes drive going to IT Park Cebu.
5 minutes drive going to UP-Cebu
6 minutes drive going to Ayala Center Cebu.
7 minutes drive going to Perpetual Succour Hospital Cebu.
8 minutes drive going to Mabolo Barangay Hall.
8 minutes drive going to St.Joseph the Patriarch Parish.
Transportation Details:
Public Utility Jeep going to church, schools, malls & hospitals.
Total Contract Price: Php 47,953,265
1.) Reservation Fee: Php 100,000 (Deductible from Spot Downpayment)
10% Spot Downpayment: Php 4,695,326
Option 1(Straight Amortization)
2.) 30% Downpayment:Php 14,385,979 payable in 48 mos Php 299,708/mo
Option 2(Amortization with Lumpsum every 9 months)
15% Monthy Amortization for 48 mos: Php 149,854/mo
15% Lumpsum on Month 9,18,27,36: Php 1,798,247 (Every 9 mos)
3.) 60% Loanable Amount: Php 28,771,959
Estimated Bank Computation:
* 20 yrs @ Php 197,919/mo.
* 15 yrs @ Php 235,091/mo.
* 10 yrs @ Php 312,251/mo.
* 5 yrs @ Php 549,578/mo.