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ALICE MODEL HOUSE
The Alice Model House in Lancaster Estates Cavite is a 2-storey townhouse with 3 spacious bedrooms, 1 bathroom and a 1 car garage brought to you by Cavite Housing.
House Model: Townhouse Style
Floor Area: 40 square meters
Lot Area: 40 square meters
3 Bedrooms 1 Toilet and Bath
1 Provision for Balcony
1 Provision for Car Garage
For Construction (21st to 24th month Move-in)
Constructed (5th to 7th month Move-In)
LIKE RENT TO OWN STYLE
LOW 12.5% DOWNPAYMENT
LOW RESERVATION FEE of Php 7,500
Php 6,876/month Bank Amortization for 20 years
RESERVE YOUR SLOTS NOW – FIRST COME FIRST SERVE BASIS!
NO INCOME REQUIREMENTS
MODEL HOUSE GALLERY
DRESSED UP PHOTOS
(UPDATED December 2014)
Here, there are two options provided for clients with regards to their payment matters. First is the Bank/In-house Financing option and another is the Cash Payment Scheme.
OPTION 1: BANK FINANCING | IN-HOUSE FINANCING
|TERMS||BANK FINANCING 12.5% DP||IN-HOUSE FINANCING 24% DP|
|Selling Price||Php 870,000.00||Php 870,000.00|
|Add: Legal and Misc. Fees||Php 69,600.00||Php 39,150.00|
|Total Contract Price||Php 939,600.00||Php 909,150.00|
|Down payment||Php 117,450.00 (12.5%)||Php 272,745.00 (30%)|
|Less: Reservation||Php 7,500.00||Php 7,500.00|
|Net Down payment||Php 109,950.00||Php 265,245.00|
|Monthly DP||Php 7,330.00 (15 Mos)||Php 11,051.88 (24 Mos)|
|Total Loanable Amount||Php 822,150.00 (87.5%)||Php 636,405.00 (70%)|
|NO OF YEARS||BANK FINANCING 12.5% DP||IN-HOUSE FINANCING 24% DP|
|20 Years||Php 6,876.79||N/A|
|15 Years||Php 7,856.89||N/A|
|10 Years||Php 9,974.95||Php 12,723.75|
|5 Years||Php 16,670.24||Php 16,160.50|
Fire and MRI insurance not yet included in the computation.NOTE:
- Move-in on the 21st to 24th month.
- Monthly Amortization payments will start a month after the last Down Payment.
- Processing Fees includes Transfer of Title for Bank Financing. Transfer of Title not yet included for In-house financing.
- Interest rate is reference only.
- Prevailing interest rate will apply upon loan takeout.
- Bank terms is up to 20 yrs. maximum for locally employed and 15 yrs. maximum for OFW.
- Developer will process loan. Homebuyer just need to submit Requirements. Tied up with UCPB.
- Bank maximum approved amount will depend on salary & age (loan maturity is 65 yrs.).
OPTION 2: CASH PAYMENT SCHEME
PRICE STARTS AT PHP 776,250.00 AND UP
(Legal & Miscellaneous Fees and Reservation Fee not included in the computation of the discount)
|Typical Selling Price||Php 870,000.00|
|Less: Reservation Fee||Php 7,500.00|
|Selling Price Net of Reservation Fee||Php 862,500.00|
|10% Discount within 7 days from the date of reservation||Php 776,250.00|
|9.5% Discount within 8 to 30 days from the date of reservation||Php 780,562.50|
|9% Discount within 31 to 60 days from the date of reservation||Php 784,875.00|
|8.5% Discount within 61 to 90 days from the date of reservation||Php 789,187.50|
- Transfer of Title cost not included.
- Processing fees not yet included in the computation. (4.5% of Selling Price)
- Processing fees includes One year Advance Real Property Tax & Insurances,
- Advance Homeowners Dues and Documentation/Notarial Fees.
- In-house processing will be processed by the Developer. Buyer just need to submit requirements
ALICE HOUSE MEASURES
- Living, Dining and Kitchen Areas 10.85 sqm. (116.78 sq. ft.)
- Bedroom 1: 6.20 sqm. (66.74 sq. ft)
- Master’s Bedroom – 7.05 sqm. (75.88 sq. ft.)
- Bedroom 2 – 6.30 sqm (67.81 sq. ft)
- Toilet – 6.30 sqm (67.81 sq. ft)