Madison House Model at Ridgecrest
Besides SM Molino
Living area / kitchen / car park / mini garden / laundry area / restroom - Ground Floor
3 bedrooms / restroom - Second Floor
Multi purpose area / bedroom / restroom - Third Floor
Can be bought thru Bank, Cash and In-House Financing
Inner Lot cut is 110sqm FA, 80sqm LA
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.
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 COMPUTATION FOR RIDGE CREST
THE MADISON HOUSE MODEL
Option 1: IN-HOUSE FINANCING SCHEME
(INNER LOT)
PRICE STARTS AT PHP 2,100,000.00 AND UP
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 ................................ Php 26,916.67
- Payable within 18 mos.
Monthly Amortization
(Excluding MRI/Fire)
6 years to pay with 18% interest ................... Php 38,317.09
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 AND UP
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 ................................ Php 1,872,000.00
from the date of reservation
9.5% Discount within 8 to 30 days ..................... Php1,882,400.00
from the date of reservation
9% Discount within 31 to 60 days ...................... Php 1,892,800.00
from the date of reservation
8.5% Discount within 61 to 90 days ................... Php 1,913,600.00
from the date of reservation
Option 3: BANK FINANCING SCHEME
(INNER LOT)
PRICE STARTS AT PHP 2,100,000.00 AND UP
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 ................................ Php 21,666.67
- payable within 18 mos.
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
CONTACT FOR FREE SITE VIEWING
Name: Johnny Chua
E-mail: asensotayo@yahoo.com
Cel: 0917-8617588 ; 0923-9026965
Yahoo Messanger: asensotayo@yahoo.com
Website: www.cavitehomes.com
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