Affordable Items: Carmona Estates: Oakwood House

Oakwood House Model
(House and Lot For Sale in Carmona Cavite)

House Details

Location	:	Cavite - Carmona
Address	:	Carmona, Cavite
Price / Budget	:	Php 1,750,000.00 (Philippine Peso)
Bedrooms	:	4
Bathrooms	:	2
Floor Area	:	104 sqm
Land Area	:	88 sqm.
Condition	:	New

House Features:
- 2 storey with 4 bedrooms
- 2 toilet and bath
- Laundry/Service Area
- Living, Dining, Kitchen, Balcony
- Provision for Terrace and Lanai
- Provision for 2 Car Garage
- Provision for Front Lawn
- Provision for CATV, Telephone and Air-Conditioning Unit
House Finishes:
- Pre-Painted Long Span Roofing
- Tiled Kitchen Counter With Stainless Kitchen Sink
- Tiled Toilet and Bath
- Ceramic Bathroom Fixtures
- Interior and Exterior Wall Paint Finish
Amenities:
Club House, Swimming Pool, Basketball Court and kids play ground

House Location

LAND MARK
Malls
- 3 Minutes drive to Walter mart Carmona, Cavite
- 15 Minutes drive to SM Dasmarinas, Cavite
- 10 Minutes drive to Alabang Town Center (ATC) and FIESTA MALL (Via SLEX)
Schools
- Perpetual College, (Binan), De La Salle Univ. (Laguna), STI College (Carmona), Colegio San Agustin.
- St. Anthony de Carmelli (Private Elementary & High School within the Village.)
Banks
- BPI, China Bank, Metro Bank, Allied Bank, BDO, Land Bank, etc.
Resorts/Restaurants
- Splash Island, Barrio Fiesta, (Carmona), Southwood Manor, (Golf & hotel restaurant), 30-45mins drive to TAGAYTAY
Just 30 minutes away from Makati CBD, Pines is situated in Carmona, Cavite (almost boundary of Laguna). Very close to access roads leading to schools country clubs, hospitals and shopping centers.

House Sample Computation

BANK FINANCING

(This inner house will be ready for occupancy in 16-18 months - Oakwood House Model)

Total Selling Price	1,750,000.00
Plus Processing Fee	140,000.00
Total Contract Price	1,890,000.00
Less: Loanable to Bank (UCPB/MetroBank)	1,512,000.00
Required Equity	378,000.00
Less: Reservation	20,000.00
Net Equity payable in 24 months	358,000.00
Monthly Equity for 24 months	14,916.67

Monthly BANK Amortization:

Years	Monthly Amortization	Required Monthly Salary
5 yrs @ 10.5%	32,890.21	Good News! Effective February 2011, there will be NO required salary for banking loan in our properties
10 yrs @ 10.5%	20,745.87
15 yrs @ 10.5%	17,012.71
20 yrs @ 10.5%	15,355.81

Important Notes:

Fire and MRI insurance are included in amortization.
Computation above is sample only. Units still vary in price depending on latest inventory.
Processing Fees includes Transfer of Title.
Interest rate are estimate and for reference only.
Prevailing interest rate will apply upon loan takeout.
Bank terms for OFW is 15 yrs while locally employed has up to 25 yrs.
Bank maximum approved amount will depend on salary & age (loan maturity is 55 yrs.).
Buyer can move in on the 16th to 18th month even while downpayment is being paid.
Submission of full documents needed within 60 days from date of reservation.