□ OVERVIEW
- House and lot: P4,285,000.00
□HOUSE AND LOT PACKAGES
- Unit Price List
Lot Area: 85.00 sqm. Flr Area: 115.50 sqm. Total Investment: Php 4,285,000.00
Terms: Php40,000 Reservation Deposit 30% Downpayment for In-house Financing 20% Downpayment for Bank Financing
- Featuring the most tastefully designed residences in its price range, Summerfields Pasig is more than your next best investment, it's the new home your family deserves Conveniently Located Summerfields Pasig has been designed with wide, easy roads and pathways. And even more importantly, located within convenient distance to commercial developments and within minutes from premier business districts.
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- Lot Area: Min. 58.65 sq. m.
- Floor Area: 56 sq. m.
- 2 Bedroom Single Attached Unit
- 2 Toilet & Baths
- Dining room
- Living room
- Kitchen
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□ location
□ prices & discounts
Discounts - units for construction
RFO - 40% down payment (5% discount within 7 days)
A. Cash payment of full Total Contract Price: 7% discount
B. Full payment of 30% Equity
- within 7 days: 7% discount on equity
- within 30 days: 5% discount on equity
- 5 yrs - 18% int
- 10 yrs - 21% int
Reservation fee forms part of the Total Contract Price and is nonrefundable.
Post Dated Checks (PDCs) are required, fifteen days after reservation.
Full payment of 30% Equity is required to construct the unit.
Mortgage Redemption Insurance is a one time payment and starts upon first monthly amortization.
Fire Insurance & 1 unit 10 lbs. ABC Type drychem Fire Extinguisher are required before move-in.
Miscellaneous Expenses (Meralco Meter Deposit, Water Meter, Landscape and others) due before move-in.
Move-in of buyers must be upon payment of 40% of Total Contract Price.
Prices and Terms are subject to change without prior notice.
□ sample computation
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| SUMMERFIELDS PASIG - SAMPLE COMPUTATION |
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| MODEL |
CHRISTINA |
3 BEDROOM/2 T&B/POWDER ROOM |
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| Block 1 |
1 |
Inner lot |
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| Lot |
2 |
RFO Unit |
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| Lot Area |
60 Sqm |
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| Floor Area |
96.5 Sqm |
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| Total Contract Price |
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P3,195,000.00 |
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| IN-HOUSE FINANCING |
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| 30% down payment |
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958,500.00 |
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| less: reservation |
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40,000.00 |
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| Net down pymt |
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918,500.00 |
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| Outright DP discounts: |
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| 5% if paid w/n 7 days |
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47,925.00 |
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| 3% if paid w/n 30 days |
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28,755.00 |
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| TERMS: |
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| Payable in 6 months |
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153,083.34 |
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| Payable in 12 months |
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76,541.67 |
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| 70% balance |
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2,236,500.00 |
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| TERMS: |
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| 5 years @18% int. |
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56,784.74 |
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| 7 years @21% int. |
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51,014.57 |
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| BANK FINANCING |
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| 20% Down Payment |
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639,000.00 |
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| Less: Res. Fee |
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40,000.00 |
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| Net DP |
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599,000.00 |
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| Outright DP discounts |
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| 5% if paid w/n 7 days |
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31,950.00 |
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| 3% if paid w/n 30 days |
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19,170.00 |
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| TERMS: |
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| If the buyer could give more than the required reservation fee and then subject for bank approval, |
| the balance shall be dependent upon the terms the buyer wants. |
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| 80% balance |
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2,556,000.00 |
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Amt. Payable |
Required Income |
| 10 yrs. @8.75% |
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1year fixed |
32,033.52 |
106,778.33 |
| 15 yrs. @8.75% |
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1 year fixed |
25,545.91 |
85,153.03 |
| 20 yrs. @8.75% |
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1 year fixed |
22,587.55 |
75,292.16 |
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| NOTE: FOR IN-HOUSE FINANCING |
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| Move-in Fee |
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Cash or dated check |
40,000.00 |
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| MRI |
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38,154.70 |
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| Balance above 2Million requires Medical Examination free of charge at the |
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| Healthway Shangri-la, maximum 55 years of age only. NO PROXY. |
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| One time pymt good for 5 years. Subject to increase if w/ medical findings |
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| Fire Insurance |
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Payable to Trinity Insurance Consultants |
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Inc. - 1 dated check/4 PDCs |
4,951.75 |
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| SUMMERFIELDS PASIG - SAMPLE COMPUTATION |
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| MODEL |
ALEXANDRA |
3 BEDROOM/2 T&B/POWDER ROOM |
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| Block 1 |
1 |
Inner lot |
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| Lot |
2 |
RFO Unit |
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| Lot Area |
85 |
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| Floor Area |
115.5 |
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| Total Contract Price |
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4,285,000.00 |
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| IN-HOUSE FINANCING |
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| 30% down payment |
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1,285,500.00 |
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| less: reservation |
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40,000.00 |
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| Net down pymt |
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1,245,500.00 |
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| Outright DP discounts: |
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| 5% if paid w/n 7 days |
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64,275.00 |
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| 3% if paid w/n 30 days |
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38,685.00 |
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| TERMS: |
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| Payable in 6 months |
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207,583.34 |
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| Payable in 12 months |
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103,791.67 |
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| 70% balance |
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2,999,500.00 |
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| TERMS: |
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| 5 years @18% int. |
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76,157.31 |
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| 7 years @21% int. |
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88,418.60 |
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| BANK FINANCING |
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| 20% Down Payment |
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857,000.00 |
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| Less: Res. Fee |
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40,000.00 |
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| Net DP |
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817,000.00 |
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| Outright DP discounts |
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| 5% if paid w/n 7 days |
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42,850.00 |
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| 3% if paid w/n 30 days |
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25,710.00 |
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| TERMS: |
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| If the buyer could give more than the required reservation fee and then subject for bank approval, |
| the balance shall be dependent upon the terms the buyer wants. |
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| 80% balance |
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3,428,000.00 |
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Amt. Payable |
Required Income |
| 10 yrs. @8.75% |
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1year fixed |
42,982.01 |
143,206.70 |
| 15 yrs. @8.75% |
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1 year fixed |
34,262.41 |
114,208.03 |
| 20 yrs. @8.75% |
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1 year fixed |
30,293.60 |
100,978.67 |
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| NOTE: FOR IN-HOUSE FINANCING |
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| Move-in Fee |
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Cash or dated check |
50,000.00 |
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| MRI |
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51,171.50 |
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| Balance above 2Million requires Medical Examination free of charge at the |
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| Healthway Shangri-la, maximum 55 years of age only. NO PROXY. |
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| One time pymt. Good for 5 years. Subject to increase if w/ medical findings |
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| Fire Insurance |
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Payable to Trinity Insurance Consultants |
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Inc. - 1 dated check/4 PDCs |
5,131.35 |
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