Ridgecrest Subdivision - Madison House Model

Ridgecrest Subdivision - Madison House Model - Besides SM Molino

110 sqm Floor Area, 80 sqm Lot Area

Single Home		4 Bedroom		3 Toilet and Bath
		2 Carport		With Balcony

Can be financed through Bank and In-House Financing

STATUS: Constructed (DP payable in 4-6 mos ; 5th to 7th Month Move-In)

Highlights

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 Finish:

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

Dressed-Up Model

Turn-Over Photos

SAMPLE COMPUTATIONS:

Option 1: BANK FINANCING SCHEME (EXTENDED TERM PROMO)
PRICE STARTS AT PHP 2,500,000.00 TO PHP 2,700,000.00 Updated: Apr 12, 2013

TERMS	BANK FINANCING	IN-HOUSE FINANCING
	20% DP	30% DP
Typical Selling Price	Php 2,500,000.00	Php 2,500,000.00
Add: Legal and Misc. Fees	Php 200,000.00 (8%)	Php 112,500.00 (4.5%)
Total Package Price	Php 2,700,000.00	Php 2,612,500.00
Down Payment	Php 540,000.00 (20%)	Php 783,750.00 (30%)
Less: Reservation	Php 30,000.00	Php 30,000.00
Net Down payment	Php 510,000.00	Php 753,750.00
Monthly Payments	Php 85,000.00 (6 mos)	Php 62,812.50 (12 mos)
Loanable Amount	Php 2,160,000.00 (80%)	Php 1,828,750.00 (70%)
Monthly Amortization @ 8%: (Indicative Rate Only. Prevailing Bank rates will apply)
20 years	Php 18,067.10
15 years	Php 20,642.08
10 years	Php 26,206.76	Php 36,562.50
05 years	Php 43,797.01	Php 446,438.23

NOTE:

Fire and MRI insurance are not included.
Move-in on the 7th to 9th month or after paying downpayment (RFO units)
Monthly Amortization payments will start on the 7th Month or a month after the last Down Payment.
Processing Fees includes Transfer of Title. Transfer of Title cost not included for In-House.
Interest rate is reference only. Prevailing interest rate will apply upon loan takeout.
Bank terms is up to 20 yrs.
Developer will process loan. Homebuyer will only need to submit Requirements. Tied up with Metrobank and UCPB.
Bank maximum approved amount will depend on salary & age (loan maturity is 65 yrs.).

Option 2: CASH PAYMENT SCHEME
Legal & Miscellaneous Fees (4.5%) and Reservation Fee (Php 30,000.00) not included in the computation of the discount.
PRICE STARTS AT PHP 2,500,000.00 TO PHP 2,700,000.00

Typical Selling Price	Php 2,500,000.00
Less: Reservation Fee	Php 30,000.00
Selling Price Net of Reservation Fee	Php 2,470,000.00
10% Discount within 7 days from the date of reservation	Php 2,223,000.00
9.5% Discount within 8 to 30 days from the date of reservation	Php 2,235,350.00
9% Discount within 31 to 60 days from the date of reservation	Php 2,247,700.00
8.5% Discount within 61 to 90 days from the date of reservation	Php 2,260,050.00

Getting a Madison Single is as EASY as 1-2-3

(1) Reservation

(2) Submission of Documents

(3) House Turn-Over

Call Johnny to schedule for a site viewing.

Choose a BLOCK and LOT, then pay the Reservation.

Buyer's Counseling to know your Rights and Responsibilities.

Buyers are given 60 days from Reservation to Submit the documents.

Lists of Requirements can be found in the "button" below.

Bank and In-House forms are provided.

Buyer's are given 60 days from Notice of Completion to inspect their unit.

Upon acceptance. Buyer can Move-In to their new unit.

For Requirements Info:		For Subdivision Info:

Stop Renting! Own your Dream Home.

CONTACT NOW FOR FREE SITE VIEWING

Name: Johnny Chua
Website: www.cavitehomes.com
E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Yahoo Messenger: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Contact: (+63)917-8617588 ; (+63)922-8899168 ; Landline: (02)964-3410

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