Name of Subdivision: Island Homes
Location: Suba Masulog, Basak, Lapu-lapu City
ISLAND HOMES is a project of RDAK Land Inc. with a total of 88 units of townhouses located in SubaMasulog, Basak,Lapu-lapu City. It is a residential community where Island Living takes on a whole new meaning. Enclosed in a safe and quiet community. Island Homes offers afforabable residential townhouses that are ideal for young families to grow and prosper. COME HOME TO ISLAND LIVING.
Landmarks/Accessibility:
-6 minutes going to Cebu Beach Club
-7 minutes going to Bethel Asia School
-10 minutes going to Gaisano Grand Mall
-10 minutes going to Mactan Doctor’s Hospital
-15 minutes going to Mactan Cebu International Airport
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:
Total Contract Price: Php 3,190,000
1. ReservationFee (RF):Php10,000 (Deductible from Equity)
2. Transfer Charges Php 150,000
3. Equity/Down Payment (DP):Php 636,000 payable up to 3 months
Php: 212,000/month for 3 months
3. Bank/ Pag-ibig Loanable Amount:Php 2,544,000
Bank Computation:
* 20 years @ Php 17,500/month
* 15 years @ Php 20,787/month
* 10 years @ Php 27,609/month
* 5 years @ Php 48,593/month
Pag-big Computation:
* 30 years @ Php 15,871/month
* 25 years @ Php 16,979/month
* 20 years @ Php 18,781/month
* 15 years @ Php 21,987/month
* 10 years @ Php 28,725/month
* 5 years @ Php 49,627/month
List of Requirements:
* Residence Certificate or Passport
* TIN
* 2 Valid ID (at least 1 Government Issued)
* Proof of billing
*Certificate of Employment
* Post Dated Checks (PDC) (30 days from reservation)
IF SELF-EMPLOYED - Business Permit
IF MARRIED:
* Spouse's Residence Certificate
* Spouse's TIN
* Spouse's ID (Government Issued)