CAVITE HOUSE AND LOT 3STOREY 4BDRM 3T&B MADISON MODEL @ RIDGECREST, WALKING DISTANCE TO SM MOLINO

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Madison House Model at Ridgecrest
Walking Distance to SM Molino, Bacoor Cavite
Living area / kitchen / car park / mini garden / laundry area / restroom - Ground Floor
3 bedrooms / restroom - Second Floor
Multi purpose area / bedroom / restroom - Third Floor
Can be bought thru Bank, Cash and In-House Financing
Inner Lot cut is 110sqm FA, 80sqm LA

Amenities and Facilities
• Clubhouse
• Swimming Pool
• Multi-Purpose Court
• Park/Children’s Playground
• Jogging Path
• Elevated Water Tank
• 24-Hour Security

House Features:
• Floor Area: 110 sq. m.
• Lot Area: 80 sq. m.
• Three (3) Storey
• Four (4) Bedrooms
• Three (3) Toilet & Bath
• Living Area
• Dining Area
• Kitchen
• Multi-Purpose Area
• Service Area
• Balcony
• Carport

House Finishes:
• Painted Exterior/Interior Walls
• Tiled Toilet & Bath
• Tiled Kitchen Counter with Stainless Kitchen Sink
• Powder Coated Cathedral Window
• Decorative Accent Stones
• Provision for CATV, Telephone and Air-Conditioning Units

SAMPLE COMPUTATION FOR RIDGE CREST

THE MADISON HOUSE MODEL
IN-HOUSE FINANCING SCHEME
(INNER LOT)

PRICE STARTS AT PHP 2,100,000.00 AND UP

Typical Selling Price ........................................ Php 2,100,000.00
Legal & Miscellaneous Fee ............................ Php 94,500.00
Total Contract Price ........................................ Php 2,194,500.00
Loanable Amount ............................................ Php 1,680,000.00
DP/Equity Payment ......................................... Php 514,500.00
Less: Reservation Fee ...................................... Php 30,000.00
Net Equity .......................................................... Php 484,500.00
Monthly Equity Payment ................................ Php 40,375.00

- Payable within 12 mos.

Monthly Amortization
(Excluding MRI/Fire)
6 years to pay with 18% interest ................... Php 38,317.09
10 years to pay with 21% interest ................. Php 33,588.52

CASH PAYMENT SCHEME
(INNER LOT)
(Legal & Miscellaneous Fees and Reservation Fee not included in the computation of the discount)

PRICE STARTS AT PHP 2,100,000.00 AND UP

Typical Selling Price ............................................. Php2,100,000.00
Less: Reservation Fee .......................................... Php 20,000.00
Selling Price Net of Reservation Fee ..................... Php 2,080,000.00
10% Discount within 7 days ................................ Php 1,872,000.00
from the date of reservation
9.5% Discount within 8 to 30 days ..................... Php1,882,400.00
from the date of reservation
9% Discount within 31 to 60 days ...................... Php 1,892,800.00
from the date of reservation
8.5% Discount within 61 to 90 days ................... Php 1,913,600.00
from the date of reservation

BANK FINANCING SCHEME
(INNER LOT)

PRICE STARTS AT PHP 2,100,000.00

Typical Selling Price ......................................... Php 2,100,000.00
Legal & Miscellaneous Fee ............................. Php 168,000.00
Total Contract Price ......................................... Php 2,268,000.00
Loanable Amount ............................................. Php 1,848,000.00
DP/Equity Payment .......................................... Php 420,000.00
Less: Reservation Fee ....................................... Php 30,000.00
Net Equity .......................................................... Php 390,000.00

Monthly Equity Payment Php 32,500.00
- payable within 12 mos.
Monthly Amortization
• Bank Financing computation is base on your bank of choice and subject to the bank’s requirements
• Bank’s prevailing interest at point of takeout shall apply
• Indicative interest rate shall be used in computing for monthly amortization
5 years to pay with 10.5% interest ...................... Php 39,720.73
10 years to pay with 10.5% interest .................... Php 24,935.99
15 years to pay with 10.5% interest .................... Php 20,427.77
***Stop Renting! Own your Dream Home.***
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Name: Johnny Chua
Website: www.cavitehomes.com
E-mail: sales@cavitehomes.com
Yahoo Messenger: asensotayo@yahoo.com
Contact: (+63)917-8617588 ;(+63)923-9026965