Low Down Payment of Php 7,973/mo for 15 mos. Low Monthly Amortization of Php 8,754/mo. through Bank Financing – 20 yrs.
STATUS: For Construction (16th to 18th month Move-in)
Option 1: Bank Financing | In-House Financing:
Range: PRICE STARTS AT PHP 960,000.00 AND UP (Updated May 9, 2012)
|TERMS||BANK FINANCING||IN-HOUSE FINANCING|
|12.5% DP||24 Months DP|
|Selling Price||Php 960,000.00||Php 960,000.00|
|Add: Legal and Misc. Fees||Php 76,800.00||Php 43,200.00|
|Total Package Price||Php 1,036,800.00||Php 1,003,200.00|
|Down payment||Php 129,600.00 (12.5%)||Php 300,260.00 (30%)|
|Less: Reservation||Php 10,000.00||Php 10,000.00|
|Net Down payment||Php 119,600.00||Php 290,260.00|
|Monthly DP||Php 7,973.33 (15mos)||Php 12,094.17 (24mos)|
|Total Loanable Amt.||Php 907,200.00 (87.5%)||Php 702,240.00 (70%)|
Monthly Amortization @ 10% (Indicative Rate Only. Prevailing Bank Rates will apply):
|20 yrs.||Php 8,754.68|
|15 yrs.||Php 9,748.82|
|10 yrs.||Php 11,988.71||Php 14,040.00|
|05 yrs.||Php 19,275.32||Php 17,832.28|
- Fire and MRI insurance not yet included in the computation.
- Move-in on the 16th to 18th 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. 15 yrs for OFW.
- Developer will process loan. Tied up with MBTC.
- Bank maximum approved amount will depend on salary & age (loan maturity is 65 yrs.). 60 yrs old for OFW.
Option 2: Cash Payment Scheme
(Legal & Miscellaneous Fees and Reservation Fee not included in the computation of the discount)
PRICE STARTS AT PHP 960,000.00 AND UP
|Typical Selling Price||Php 960,000.00|
|Less: Reservation Fee||Php 10,000.00|
|Selling Price Net of Reservation Fee||Php 950,000.00|
|10% Discount within 7 days from the date of reservation||Php 855,000.00|
|9.5% Discount within 8 to 30 days from the date of reservation||Php 859,750.00|
|9% Discount within 31 to 60 days from the date of reservation||Php 864,500.00|
|8.5% Discount within 61 to 90 days from the date of reservation||Php 869,250.00|
- 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
Getting a Alexandra Single is as EASY as 1-2-3
|(1) Reservation||(2) Submission of Documents||(3) House Turn-Over|
|Call ALMA 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.|