This is a studio type, row house, with one toilet and bath, with kitchen, the lot area is 32 square meter and the floor area is 22 square meter. Good News from Bougainvillea Village, they offer no reservation fee as a promo valid until September 30 this year for Pag-ibig and In-house Financing
For Pag-ibig, They are two payment options:
Option 1
Contract Price ------------------------------ Php 448,000.00
Less
Equity @ Php 6,500.00 per month ------- Php 78,000.00 (payable to 12 months)
Balance through Pag-ibig Loan --------------- Php 370,000.00
estimated Pag-ibig monthly amortization -- Php 2,500.00
Below is the detailed explanation:
from the contract price of Php 448,000.00, the equity of Php 78,000.00 is deducted to have a balance of Php 370,000.00 payable through pag-ibig, the equity of of Php 78,000.00 is payable to 12 equal months, that is, Php 6,500.00 per month
processing and miscellaneous fee of Php 40,000.00 is payable upon move in, this is good news because in other socialize housing the payment of these fees will start during the payment of pag-ibig monthly amortization
for a 30 year term, the estimated monthly amortization would be Php 2,500.00
Option 2
from the contract price of Php 448,000.00, the equity of Php 78,000.00 is deducted to have a balance of Php 370,000.00, then add processing and miscellaneous fee of Php 40,000.00 with a total of Php 410,000.00, then less pag-ibig loan of Php 400,000.00 to make a balance of Php 10,000.00, this Php 10,000.00 is the move-in fee.
for a 30 year term, the estimated monthly amortization would be Php 2,661.21
Good News also, free tiles for lavatory, toilet, and bathroom.
Pag-ibig requirements for Bougainvillea are the following
1. (4) pcs. 1x1 ID pictures
2. Residence Certificate / Passport No
3. TIN and 2 other valid ID's
4. Birth or Marriage Certificate
5. Notarized Certificate of Employment & Compensation
6. Service Record (if Government employee)
7. Unexpired Job Contract (if OFW)
8. DTI / SEC Registration and Mayor's Permit (if self-employed)
9. Payslip (employee) / Remittance Slip (OFW)
10. Certificate of employment
11. Bank statement (self-employed)
12. BIR 2316 (employee/self-employed)
13. Proof of Billing
For In-house financing
spot cash or full payment within 30 days
a 5% discount on contract price of Php 448,000.00, a discount of Php 22,400.00 is deducted from the sum total of contract price and PF/Misc (Processing Fee and Miscellaneous), that is, Php 448,000.00 plus Php 40,000.00, so the total payment is Php 465,600.00 instead of Php 488,000.00
6 months to pay with zero interest ---------------------- Php 81,333.34 per month (inclusive of Processing Fee and Miscellaneous)
12 months to pay with 5% interest ---------------------- Php 42,533.34 per month (inclusive of Processing Fee and Miscellaneous)
24 months to pay with 12% interest ---------------------- Php 22,573.33 per month (inclusive of Processing Fee and Miscellaneous)
If you need assistance or more information, you may contact me below
David D. Jereos
Office Landline: + (6332) 4125990
Home Landline: + (6332) 4953539
Mobile: + (63) 9164373571
License Real Estate Salesman # 2008-S-33-1122 (N)
HLURB Control # VII-00489-2008
Broker: Marissa S. Inting - REB Lic#2007-1122 (R)
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