ELEGANT HOUSE MODEL 2.1M RIDGECREST MODEL 5BR,3TB

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Description

CONTACT FOR FREE SITE VIEWING
CHRESIEL MANLIQUID
Smart +639394330654
e-mail add: elegantqualityhomes@yahoo.com

Ridge Crest is a prime residential subdivision located right beside SM Molino in Bacoor, Cavite, that offers American-inspired homes and promises a haven for homeowners through its recreational amenities where residents can rest, relax and revitalize after a long day’s work.

The house model is an 80-square meter unit on a 110-square meter lot, with four bedrooms, three toilets and bath, a living and dining area, a kitchen, a multi-purpose area, a service area, a balcony and a carport .

From an initial area of about six hectares comprised of around 387 housing units, the project is now being expanded in response to the increased market demand for its product offering which is priced at less then two million pesos.

Given the project’s design, location, facilities, land development, and elegant housing units, Ridge Crest can rightfully claim to being a place where homeowners can elevate their quality of life and live the lifestyle they have always dreamed of.

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 COMPUTATIONS:
Option 1: IN-HOUSE FINANCING SCHEME (INNER LOT)
PRICE STARTS AT PHP 2,100,000.00 TO PHP 2,500,000.00

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 Payable within 18 mos. Php 26,916.67

Monthly Amortization
(Excluding MRI/Fire)

5 years to pay with 18% interest Php 42,660.96
10 years to pay with 21% interest Php 33,588.52

Option 2: 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 TO PHP 2,500,000.00

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

Option 3: BANK FINANCING SCHEME (INNER LOT)
PRICE STARTS AT PHP 2,100,000.00 TO PHP 2,500,000.00

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 payable within 18 mos.
Php 21,666.67

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
20 years to pay with 10.5% interest Php 18,450.06
25 years to pay with 10.5% interest Php 17,448.48

Tags: affordable homes, homes, House, house and lot cavite house, house and lot for sale, houses, quality homes

Item Location

Contact Details

Posted By: chresiel manliquid


Location : BESIDE SM MOLINO BACOOR CAVITE
Phone    : +639394330654