Rent to own house and lot near SM Pampanga
Lot Area: 70 square meters
Floor Area: 68 square meters
Bedroom: 1 (provision for 2 bedrooms)
Bathroom: 2
Sample Computation
Bank Financing (UCPB)
Selling Price: ₱2,121,000
7% Misc. Fee: ₱148,470
TCP: ₱2,2469,470
Loan Value: ₱1,908,900
Total Equity: ₱360,570
Less Reservation Fee:₱20,000
Net Cash Required:₱340,570
60% 1 to 8 months to pay: ₱25,542.75
40% 9-22th month: ₱6,192.18
20 years Bank Amortization: ₱15,377.97
GMI- ₱51,259.90
Combine payment of amort and equity: ₱21,570.15
HDMF/ Pag-IBIG Financing
Selling Price: ₱2,121,000.00
7% Misc. Fee: ₱148,470
TCP: ₱2,269,470
Loan Value: ₱1,700,000.00
Total Equity: ₱569,470
Less Reservation Fee: ₱20,000.00
Net Cash Required: ₱549,470
Equity 1-8 months (40%): ₱27,473.50
13-30th month (60%) : ₱14,985.55
30 years monthly amortization:₱10,745.16
Combined equity + monthly amortization: ₱38,218.66
Gross Monthly Income Required: ₱35,817.19
In-House Financing
Selling Price:₱2,121,000.00
7% Misc Fee: ₱148,470.00
TCP: ₱2,269,470.00
30% DP:₱636,300
Less Reservation Fee: ₱20,000.0
Net DP: ₱616,300
DP in 12 months: ₱51,358.33
70% Balance: ₱1,484,700
7% Misc. Fee: ₱148,470
Total for financing: ₱1,633,170
Monthly Amortization for 5 years: ₱39,715.52
For Free Site Tripping and more information
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MPRCC REALTY
Michael G. Cadiz
Licensed Real Estate Broker
REBL No, 0007567
Philippines, San Fernando, Del Carmen
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