Pines Model House – Carmona Estates – Cavite-Housing

Model House Information

House Type: Townhouse
Village: Carmona
Community: Carmona Estates
Address: Carmona, Cavite
Condition: Brand New
Lot Area: 50 square meters
Floor Area: 60 square meters
Bedrooms: 3
Bathrooms: 2
Storeys: 2
Car Garage: 1
With Balcony: No
Selling Price: Php 1,300,000

Sample Computation: Updated July 2016
Turn over status: 6 months onwards
Terms
Bank Financing
Corner unit End Unit Inner Unit
Selling Price Php 1,978,529.28 Php 1,860,127.36 Php 1,558,036.48
Add: Legal and Misc Fees Php 24,030.72 Php 22,592.64 Php 18,923.52
Total Contract Price Php 2,002,560 Php 1,882,720 Php 1,576,960
Reservation Fee Php 10,000.00 Php 10,000.00 Php 10,000.00
Downpayment
1st month to 6th months Php 16,021.33 Php 15,022.67 Php 12,474.67

 

7th months to 15th months Php 15,042.18 Php 14,142.02 Php 11,845.32

 

Monthly Amortization: Based on 7.75% (Indicative Rate Only. Prevailing Bank Rates will Apply
20 yrs. Php 18,721.82 Php 14,721.82 Php 10,721.82
15 yrs. Php 20,238.47 Php 16,249.93 Php 12,249.93
10 yrs. Php 23,552.26 Php 19,552.26 Php 15,552.26
5 yrs. Php 33,991.09 Php 29,991.09 Php 25,991.09

Notes:

Banks affiliated are the following:

Terms
In House Financing
Corner unit End Unit Inner Unit
Selling Price Php 1,784,379.30 Php 1,677,595.98 Php 1,397,165.00
Add: Legal and Misc Fees Php 84,080.70 Php 79,049.03 Php 65,835.00
Total Contract Price Php 1,868,460 Php 1,756,645 Php 1,463,000
Reservation Fee Php 10,000.00 Php 10,000.00 Php 10,000.00
Downpayment Php 24,246.13 Php 22,755.27 Php 18,840.00
Monthly Amortization: Based on 7.75% (Indicative Rate Only. Prevailing Bank Rates will Apply
10 yrs. (21%) Php 35,839.01 Php 27,839.01 Php 23,839.01
5 yrs: (18%) Php 42,159.47 Php 34,159.47 Php 30,159.47

Payment Terms and Conditions

Bank Financing
  • 7% downpayment (for Alexandra,Gabrielle,Margaret,Sophie,Diana and Catherine) payable in 8 months.
  • 12.5% downpayment (for Adelle,Mabelle,Chessa and Briana) payable in 15 months.
  • Total Contract Price includes Taxes, Transfer of Title cost, Bank Charges & Miscellaneous Fees.
  • Interest rate is based on 8% per year (prevailing bank rates will apply upon loan take-out).
  • NO HIDDEN CHARGES. NO MOVE-IN FEES. NO BANK CHARGES. DEVELOPER ASSISTED BANK HOUSING LOAN.
  • Loan terms is up to 15 yrs for OFW and 20 yrs. for locally employed.
  • Loan term will depend on Buyer’s age, work position and capacity to pay.
  • Age allowed to loan is 21 – 55 yrs old.
  • In case Buyer’s loan application is not approved by the bank for whatever reason, In-House financing will automatically apply.
  • Accredited Banks: BDO, PNB, China Bank, Metrobank, Security Bank, Planters Bank & UCPB.
  • Insurances like Fire and Mortgage Redemption Insurance (MRI) will be paid separately. Estimated monthly insurances is 0.0005 of loanable amount.
In-House Financing
  • 20% downpayment payable in 12-15 mos. 80% balance loanable to Developer office.
  • Total Contract Price includes Taxes & Miscellaneous Fees only. Title Transfer Cost is NOT included in the price.
  • Interest rate is based on 18% per annum for 5 yr terms and 21% for 10 yrs.
  • NO HIDDEN CHARGES. NO MOVE-IN FEES. NO BANK CHARGES. NO BANK REQUIREMENTS. DEVELOPER ASSISTED HOUSING LOAN.
  • Loan terms is up to 10 yrs for OFW and locally employed.
  • Age allowed to loan is 18 – 60 yrs old.
  • Insurances like Fire and Mortgage Redemption Insurance (MRI) already included in the monthly amortization.

Cash Scheme

Typical Selling Price Php 3,280,000.00
Less: Reservation Fee Php 20,000.00
Selling Price Net of Reservation Fee Php 3,260,000.00
10% Discount within 7 days from the date of reservation Php 2,934,000.00
9.5% Discount within 8 to 30 days from the date of reservation Php 2,950,300.00
9% Discount within 31 to 60 days from the date of reservation Php 2,966,600.00
8.5% Discount within 61 to 90 days from the date of reservation Php 2,982,900.00

Other Model Houses from Carmona Estates

Amenities

Community Well-being Complete Amenities and Community Up-building Activities. Carmona Estates amenities are now fully constructed and are used by its homeowners and residents.

  • Clubhouse – The property is equipped with two (2) clubhouses for your private function needs.
    • Redwood Clubhouse
    • Sherwood Clubhouse
  • Swimming Pool – Maintain a healthy lifestyle by engaging in fun activities such as swimming, jogging, etc. by using our amenities. This property has two (2) swimming pools where your family can relax on a hot day.
    • Redwood Clubhouse
    • Sherwood Clubhouse
  • Church – Carmona Estates also allows residents to live a God-centered life with the Holy Rosary Chapel.
  • Basketball Court – The property has one (1) covered court, and two (2) open basketball courts.
  • 24/7 Security in all entrance gate
    • There are two main entrance gates to the property: a gate coming from Mayor’s Boulevard, and a gate coming from Sugar Road.
    • Most phases inside Carmona Estates also have their own guarded entrance gates for tighter security.
    • You will also notice our security guards roving around the area 24/7 to make sure the community is peaceful and orderly.
  • School
  • Shuttle Service – multicabs
  • PLDT internet Services
  • 24/7 Deep well water system – water tank in each phases
  • Commercial Area
  • Transport Terminal – multicabs and soon van services
  • Meralco Power
  • Perimeter Fences