Grand Terrace subdivision offers townhouse for sale in Casili, Consolacion, Cebu, Philippines payable through Pag-ibig financing loan.

Location: Casili, Consolacion, Cebu
Price: 950,000.00 pesos
Floor Area: 66 sq m
Lot Area: 40 sq m

Grand Terrace house details:
2-Storey Townhouse
3 Bedrooms
2 Toilet and Bath
Living Room
Dining
Kitchen with Cabinet
Balcony
Entry Porch
Complete with Tiles

Construction Details:
S-RIBS Roofing
Sliding Main Windows
Jalousie Toilet and bath windows
Tiles ground flooring
Steel and wood second flooring
Interior paint
Exterior paint

Excess Lots
Corner Lots price per sq.m. 4,000.oo pesos
Inner / End Lots price per sq.m. 3,500.oo pesos
Excess lots can be added to Pag-Ibig loanable amount based on the appraisal amount.

Reservation Fee: 15,000.00 pesos

PRICE AND PAYMENT SCHEME:

A) Pag-ibig Financing

TOTAL CONTRACT PRICE P 950,000.00
RESERVATION FEE (Full) 15,000.00
MAXIMUM LOANABLE AMOUNT 750,000.00
EQUITY 185,000.00
Equity Payable 18 months @ 10,277.78

MONTHLY AMORTIZATION AT PAG-IBIG (excluding insurances) – Interest Rate 7%

30 Years = 4,989.77 pesos
25 Years = 5,300.84 pesos
20 Years = 5,814.74 pesos
15 Years = 6,741.21 pesos
10 Years = 8,708.14 pesos
5 Years = 14,815.90 pesos

Insurances (monthly) = 577.50 pesos

B) Bank Financing (PNB)
Downpayment (30% of contract price) = 285,000.oo pesos
Downpayment payable within 6 months without interest covered by PDC
Loanable Amount = 650,000.oo pesos
Max loan duration (years) = variable
Interest rate = 9%
Interest type = diminishing

C) Cash Purchases Within 6 Months
First monthly payment is due 30 days after reservation
NO INTEREST (Buyers should isssue PDC’s) for the amotization schedule

TOTAL CONTRACT PRICE = 950,000.00 pesos
Less RESERVATION (FULL) = 15,000.00
Balance = 935,000.oo pesos
MONTHLY DUE (6 Months) 155,833.33 pesos

D) SPOT CASH PURCHASES

TOTAL CONTRACT PRICE = 950,000.00 pesos
less RESERVATION (FULL) = 15,000.00
DISCOUNT (5%) = 47,500.00
BALANCE = 887,500.00 pesos

NOTE: Balance should be paid 1 week or else discount will be forfeited.

Grand Terrace Subdivision is offering a Low cost 2 story townhouse in Casili Consolacion Cebu Philippines. Why rent a house when you can own as low as 4,989.77 per month.

Grand Terrace low cost townhouse details
Projects location : Casili Consolacion Cebu
Packages: Two-story townhouse
Price: 950,000.oo pesos

PAG-IBIG Financing
Reservation (FULL) = 15,000.oo pesos
Maximum Loanable Amount = 750,000.oo pesos
Equity = 185,000.oo pesos
Installment Period (month) = 18
Equity Amount = 10,277.78 pesos
Interest rate = 7%

Equity payment should start 30 days after reservation
Amortization (Monthly Excluding insurance)
30 years = 4,989.77
25 years = 5,300.84
20 years = 5,814.74
15 years = 6,741.21
10 years = 8,708.14
5 years = 14,815.90

Insurances (Monthly) = 577.50

Bank Financing (PNB)
Reservation (FULL) = 15,000.oo pesos
Downpayment (30% of Contract Price) = 285,000.oo
Downpayment within 6 months without interest covered by PDC
Loanable amount = 650,000.oo pesos
Max Loan Duration (years) = variable
Interest rate = 9%
Interest type = Diminishing

low cost house and lot in cebu consolacion grand terrace. grand terrace in casili consolacion low cost houses for as low as 3,991.81 per month.

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