Name of Property: Velpal Subdivision RFO
Location: Pakigne, Minglanilla Cebu
Landmarks/Accessibility:
-4 minutes going to Rural Bank of Bacong
-5 minutes going to Pakigne Barangay Hall
-10 minutes away from Gaisano Minglanilla
-6 minutes going to San Roque Parish Church
Transportation Details:
-Tricycle/Motorcycle from the subdivision going to National Hi-way
-PUJ (Public Utility Jeep) going to Malls, Hospitals and Schools
Sample Computation for Bank Financing
Total Contract Price (TCP): Php 2,000,000.00
1. Reservation Fee: Php 30,000.00 (Deductible from Equity)
2. Equity/Downpayment : Php 591,000 payable up to 6 months
98,500/month for 6 months
3. Loanable thru Bank Financing: Php 1,379,000.00
* 20 years @ Php 9,486/month
* 15 years @ Php 11,268/month
* 10 years @ Php 14,966/month
* 5 years @ Php 26,341/month
Sample Computation for In-house Financing
Total Contract Price (TCP): Php 2,000,000.00
1. Reservation Fee: Php 30,000.00 (Deductible from Equity)
2. Equity/Downpayment : Php 591,000 payable up to 6 months
98,500/month for 6 months
3. Loanable Amount : Php 1,379,000
* 5 years @ Php 32,087/month