Description

ILUMINA ESTATES IN COMMUNAL CABANTIAN
is another quality subdivision of long time developer
Santos Land.
READY FOR OCCUPANCY UNITS
WE CAN SCHEDULE A SITE VISIT PLS CALL 09209190358
WE WOULD BE GLAD TO ASSIST YOU
LOCATION: BRGY. COMMUNAL, CABANTIAN, DAVAO CITY

FEW MINUTES AWAY TO:
DAVAO INTERNATIONAL AIRPORT
DAMOSA GATEWAY
SM LANANG MALL PREMIERE

LOT AREA : 204 SQ.M
TOTAL FLOOR AREA : 77.10 SQ.M

PACKAGE PRICE : 4,516,000 PHP
CASH PRICE: 4,224,885
RESERVATION FEE : PHP 50,000 PHP

A. IN-HOUSE FINANCING AVAILABLE

1) 30% DOWN- PAYMENT IN CASH: P1,354,800
LESS 3% DISCOUNT ON D/P: P40,644.00
NET DOWN PAYMENT: P1,314,156.00

B.) 30% DOWN PAYMENT: P1,354,800.00
LESS: RESERVATION: P50,000.00
DOWN PAYMENT BALANCE: P1,304,800.00
PAYABLE IN 3 MONTHS AT: P434,933.33

2) 70% BALANCE PAYABLE: P3,161,200.00
IF PAID IN 1 YEAR - 0% INTEREST: P263,433.33
IF PAID IN 2 YEARS @ 15% INTEREST PER ANNUM: P153,276.00
IF PAID IN 3 YEARS @ 15% INTEREST PER ANNUM: P109,584.04

3) MRI / FI PER YEAR: P24,296.20

B. FOR BANK FINANCING: BDO BPI

1) 10% DOWN PAYMENT: P451,600.00
LESS: RESERVATION: P50,000.00
DOWN PAYMENT BAL: P401,600.00
PAYABLE IN 3 MONTHS AT: P133,866.67

2) 90% ESTIMATED LOANABLE: P4,064,400.00
ESTIMATED MO. AMORT. 5 YEARS: P86,356.47
ESTIMATED MO. AMORT. 10 YEARS: P55,987.11
ESTIMATED MO. AMORT. 15 YEARS: P48,127.82

DOWNPAYMENT : 10% BANK FINANCING (METROBANK)(BDO)

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Unit Details

Selling Price ₱ 4,224,885
Bedrooms 3
Bathrooms 2
Floor Area 77 Sqm
Lot Area 204 Sqm
Project Communal Cabantian
Parking Slots 1
With Balcony No
No. of Floors 2
Date Listed Oct 8, 2015