Studio with Parking Condominium,Ilustrata Residences

15% Downpayment(30Months)
Terms Bank Financing
Selling Price Php 2,364,032.00 Php 2,364,032.00
Add: Legal and Misc. Fees Php 189,122.00 (8%) Php 106,381.44 (4.5%)
Total Package Price Php 2,553,154.00 Php 2,470,413.00
Down payment Php 382,973.10 (15%) Php 790,532.28 (32%

Less: Reservation   Php 21,000.00 Php 21,000.00
Net Down payment   Php 361,973.10 Php 769,532.28
Monthly Downpayment
1st Half Php 9,936.51 (17mos) Php 22,845.48 (10mos)
Next Half Php 14,850.17 (13mos) Php 27,053.86 (20mos)
Total Loanable Amt.   Php 2,170,180.90 (85%) Php 1,679,880.84 (68%)
Monthly Amortization @ 10% (Indicative Rate Only. Prevailing Bank Rates will apply):
20 yrs.   Php 20,942.72
15 yrs.   Php 23,320.88
10 yrs.   Php 28,679.10 Php 33,586.14

05 yrs. Php 46,109.93 Php 42,657.94

32% Downpayment(30 months)

Inhouse Financing

Studio With Parking Lot

Note:

Fire and MRI insurance not yet included in the computation

Move-in on the 31st to 33th month.
Monthly Amortization payments will start a month after the last Down Payment.
Processing Fees includes Transfer of Condominium Certificate 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.
Developer will process loan. Tied up with MBTC.
Bank maximum approved amount will depend on salary & age (loan maturity is 65 yrs.).