One Bedroom Unit (34.60 sqm) - Ilustrata Residences
Sample Dressed Up Unit Photos (click gallery below)
Unit Finishes:
|
Provisions:
|
One Bedroom Unit Floor Layout
(click for larger photo)
*There are only 4 units of 1 Bedroom per Floor, only 44 units per Building
Sample Computations:
Range: Php 2,427,911.00 and Up (Updated Aug 2012)
TERMS |
BANK FINANCING |
IN-HOUSE FINANCING |
|
15% DP (30Months) |
32% DP (30 Months) |
Selling Price |
Php 2,427,911.00 |
Php 2,427,911.00 |
Add: Legal and Misc.
Fees |
Php 194,232.88 (8%) |
Php 109,256.00 (4.5%) |
Total Package Price |
Php 2,622,144.00 |
Php 2,537,167.00 |
Down payment |
Php 393,321.58 (15%) |
Php 811,893.44 (32%) |
Less: Reservation |
Php 20,000.00 |
Php 20,000.00 |
Net Down payment |
Php 373,321.58 |
Php 791,893.44 |
Monthly DP |
||
1st Half |
Php 10,248.04 (17mos) |
Php 23,509.34 (10mos) |
Next Half |
Php 15,315.76 (13mos) |
Php 27,840.00 (20mos) |
Total Loanable Amt. |
Php 2,228,822.30 (85%) |
Php 1,725,273.56 (68%) |
Monthly
Amortization @ 10% (Indicative Rate Only. Prevailing Bank Rates will apply): |
||
20 yrs. |
Php 21,508.62 |
|
15 yrs. |
Php 23,951.04 |
|
10 yrs. |
Php 29.454.05 |
Php 34,493.68 |
05 yrs. |
Php 47,355.89 |
Php 43,810.61 |
- Fire and MRI insurance not yet included in the computation.
- Move-in on the 31st to 33rd 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.).
TERMS |
BANK FINANCING |
IN-HOUSE FINANCING |
|
15% DP (30Months) |
32% DP (30 Months) |
Selling Price |
Php 3,027,911.00 |
Php 3,027,911.00 |
Add: Legal and Misc.
Fees |
Php 242,232.88 (8%) |
Php 136,256.00 (4.5%) |
Total Package Price |
Php 3,270,144.00 |
Php 3,164,167.00 |
Down payment |
Php 490,521.58 (15%) |
Php 1,012,533.44 (32%) |
Less: Reservation |
Php 21,000.00 |
Php 21,000.00 |
Net Down payment |
Php 469,521.58 |
Php 991,533.44 |
Monthly DP |
||
1st Half |
Php 12,888.83 (17mos) |
Php 29,436.15 (10mos) |
Next Half |
Php 19,262.42 (13mos) |
Php 34,858.60 (20mos) |
Total Loanable Amt. |
Php 2,779,622.30 (85%) |
Php 2,151,633.56 (68%) |
Monthly
Amortization @ 10% (Indicative Rate Only. Prevailing Bank Rates will apply): |
||
20 yrs. |
Php 26,823.96 |
|
15 yrs. |
Php 29,869.96 |
|
10 yrs. |
Php 36,732.91 |
Php 43,017.97 |
05 yrs. |
Php 59,058.76 |
Php 54,637.35 |
(Legal & Miscellaneous Fees and Reservation Fee not included in the computation of the discount) PRICE STARTS AT PHP 2,427,911.00 AND UP
Typical Selling Price |
Php 2,427,911.00 |
Less: Reservation Fee |
Php 20,000.00 |
Selling Price Net of
Reservation Fee |
Php 2,407,911.00 |
10% Discount within 7
days from the date of reservation |
Php 2,167,119.90 |
9.5% Discount within 8
to 30 days from the date of reservation |
Php 2,179,159.46 |
9% Discount within 31
to 60 days from the date of reservation |
Php 2,191,199.01 |
8.5% Discount within
61 to 90 days from the date of reservation |
Php 2,203,238.57 |