Name of Property: TELO Communities Naga Cato
Location: Naga, Cebu
Accessibility:
• Near Metro Naga and Savemore Supermarket
• Near Naga Baywalk
• Near South General Hospital
• Near Naga Wet Market
• Near Border Minglanilla
• Near Tuyan Central Elementary School
• Near PAP College
• Near Naga City National High School
Transportation Details:
-Tricycle/Motorcycle from the subdivision going to National Hi-way
-PUJ (Public Utility Jeep) going to Malls, Hospitals and Schools
SAMPLE COMPUTATIONS:
Total Contract Price (TCP): Php 2,520,000
1. Reservation Fee: Php 15,000.00 (Deductible from Equity)
2. 20% Equity: Php 489,000 payable up to 36 month
:Php 13,583/month for 36 months
3. 80% Loanable Amount thru Bank/Pag-Ibig: Php 2,016,000
Pag-ibig Computation:
* 30 years @ Php 12,742/month
* 25 years @ Php 13,612/month
* 20 years @ Php 15,031/month
* 15 years @ Php 17,562/month
* 10 years @ Php 22,891/month
* 5 years @ Php 39,445/month
Bank Computation:
* 20 years @ Php 15,630/month
* 15 years @ Php 18,120/month
* 10 years @ Php 23,407/month
* 5 years @ Php 39,919/month
In-house Financing:
* 5 years @ Php 60,480/month
1. Unit selling prices and its payment terms reflected above are subject to change without prior notice. Telo Properties Development Corp. reserves the right to correct figures in case of typographical error.
2. List price above is inclusive of VAT.
3. All local and international buyers are required to issue postdated checks (PDCs) to cover all monthly equity payments. All checks shall be payable to TELO Properties Development Corp.
4. All in Fees (which already includes registration and titling) shall be paid after the last monthly amortization
5. Renovation bond of Php12,500.00 shall be paid together with items 3 & 4. This shall be reimbursed, net of damages to common areas, upon completion of move-in.
6. Reservation fee of Ph 15,000.00 is non-refundable.