Monday, July 26, 2010

PAGIBIG FINANCING SAMPLE PAYMENT SCHEME DETAILS AND REQUIREMENTS

PAGIBIG FINANCING ESTIMATED SAMPLE COMPUTATION

FOR READY FOR OCCUPANCY UNITS
AMETHYST - TOPAZ - IVORY - JADE BUILDINGS

NOTE: 
*** RFO UNITS ARE AVAILABLE ON A 'FIRST COME FIRST SERVE BASIS'

PAGIBIG ESTIMATED SAMPLE COMPUTATION



Total Contract Price

1,243,200.00



Discount
_______
___________



NET TCP

1,243,200.00



Loanable Amount

994,000.00









Equity
20%
249,200.00



Reservation Fee

10,000.00



Discount/Down payment

___________



Net Equity

239,200.00
WITH DISC IF FULL EQUITY IS PAID WITHIN:
Term of Equity

12 MONTHS
7 days (8%)
220,064.00

Monthly Down payment

19,933.00
15 days (6%)
224,848.00

Period Payment

TO
30 days (4%)
229,632.00

Loan Balance
80% of TCP
994,000.00



Term of Payment

30 YEARS



Interest per Annum

7.375%



Monthly Amortization

6,865.31
+ MORTAGE REDEMPTION INSURANCE(MRI) + FIRE INSURANCE (FI) + UPGRADING FEE
Period of Payment

TO
FIX FOR 3 YEARS SUBJECT TO REPRICE THEREAFTER








ANNUAL INSURANCE
GREPALIFE
4,972.80
PAYABLE IN 3 MONTHS


1,657.60
PER MONTH






HDMF TERMS

YEARS
RATE
MONTHLY AMORTIZATION (MA)
NET DISPOSAL INCOME (NDI)
FIXED TERMS

30
7.375%
6,865.31
19,615.00
3YEARS
SUBJECT TO REPRICED YEARLY THEREAFTER
30
8.250%
7,467.59
21,336.00
5YEARS
SUBJECT TO REPRICED YEARLY THEREAFTER
30
9.000%
7,997.95
22,851.00
10YEARS
SUBJECT TO REPRICED YEARLY THEREAFTER
30
9.625%
8,448.89
24,140.00
15YEARS
SUBJECT TO REPRICED YEARLY THEREAFTER
30
11.375%
9,748.81
27,854.00
30 YEARS
SUBJECT TO REPRICED YEARLY THEREAFTER






ADDITIONAL EXPENSE TO BE PAIDE BEFORE THE MOVE-IN
1.        Estimated Move : 20,428.00

MOVE-IN FEE INCLUDES:

-       Water
-       Meralco
-       Condo Membership Fee
-       Est. Monthly Dues



2.         
CONSTRUCTION BOND
11,000.00
REFUNDABLE AFTER THE CONSTRUCTION OF THE UNIT
3.         
ESTIMATED REALTY TAX
4,000.00
FOR TWO YEARS

IN-HOUSE / BANK FINANCING/ PAG IBIG BASIC REQUIREMENT 
UPON RESERVATION :
  • Atleast 2 Valid IDs
  • ID Pics 1x1 (6pcs.)
  • Proof of Billing /Remittance
  • Latest Two Months Payslip
__________________________________________________________________
    OTHER REQUIREMENTS FOR PAG IBIG FINANCING SCHEME AFTER THE RESERVATION:
    • ORIGINAL NSO Birth/Marriage Certification 
    • 24 Months Updated Pag-ibig Contribution
    • Certificate of Employment/Job Contract(OFW)
    • TIN/Passport(OFW)
    • Cedula
    • SPA (IF NEEDED, especially for OFW)
    • MSVS (to follow upon seminar in PAG IBIG)
    • Post Dated Check
    ______________________________________________________________________
      OTHER REQUIREMENTS FOR IN-HOUSE OR BANK FINANCING SCHEME AFTER THE RESERVATION:

      • ORIGINAL NSO Birth/Marriage Certification 
      • Certificate of Employment/Job Contract(OFW)
      • TIN/Passport(OFW)
      • Cedula
      • SPA (IF NEEDED, especially for OFW)
      • Post Dated Checks
      ______________________________________________________________________

      For More Information and Free Site Visit, Please Feel Free to Call, Text or Email: 

      SHERYL S. JORDAN
      Area Vice President
      PA Metro Residence Builders Inc.
      GRANWOOD SALES DIVISION MAKATI
      Rm 320 3rd Floor Guadalupe Commercial Complex, Makati City
      Tel. No: 02 664 8641
      Mobile No.: 0922 822 3605

      Happy To Serve :)



      No comments:

      Post a Comment