Terra Nova Bacolod Opal Model
OPAL MODEL SPECIFICATION:
- Bungalow House
- 2 bedrooms
- 1 toilet & Bath
- space for living, dining & kitchen
- space for car garage
- Floor Area : 43.55 sqm
- Lot Area : 121 sqm
Total Package Price : Php 1,304,000.00
SAMPLE COMPUTATION
MODE OF PAYMENT OPTIONS:
1. OPTION 1 - BANK FINANCING
Total package price = Php 1,304,000.00
Less : 25% Down payment = Php 326,000.00
Less Reservation fee = Php 10,000.00
Net down payment = Php 316,000.00 ( 12 mos. to pay )
- Monthly Down Payment in 12 mos. = Php 26,333.33/month
Remaining Loanable Amount 75% = Php 978,000.00
Monthly Amortization
5 years = Php 20,779.61/month
10 years = Php 12,924.34/month
15 years = Php 10,509.64/month
3. OPTION 3 - PAG-IBIG FINANCING
Total package price = Php 1,304,000.00
Less : 25% Down payment = Php 326,000.00
Less Reservation fee = Php 10,000.00
Net down payment = Php 316,000.00 ( 12 mos. to pay )
- Monthly Down Payment in 12 mos. = Php 26,333.33/month
Net Total contract Price after Down Payt : Php 978,000.00
less: Equity : Php 128,000.00 ( 6 mos. to pay )
- Monthly for Equity : Php 21,833.33/month
Remaining Loanable amount = Php 850,000.00
Monthly Amortization ( Subject for Final term Approval )
5 years = Php 17,644.61/month
10 years = Php 10,767.44/month
15 years = Php 8,621.27/month
20 years = Php 7,647.67/month
25 years = Php 7,133.17/month
30 years = Php 6,839.29/month
Note:
1. All units are Pre Selling, house construction start after paying full payment of the
required down payment, construction time 5 to 6 months. House turn over will
follow after house construction & completion of necessary requirements.
2. Php 18,000.00 charges to be paid at terra nova office after full payment of
down payment.
3. Mortgage Registration taxes are not included at the above computation.
Separate computation will be given by specific Bank where loan is applied.
It is more or less 20,000 to 25,000 plus. ( Applicable for Bank Financing Only)
4. Reservation Fee is Php 10,000.00 , to secure or reserve the property from
other buyer.
5. Do not visit the site without calling us security at the gate will NOT ALLOW YOU
TO ENTER without being accompanied by a DEVELOPERS representative.
Thank you!
FOR INQUIRIES & FREE SERVICE VEHICLE FOR SITE
VIEWING PLEASE CONTACT US:
Tel. number : 034- 4768646 or 7069797
Mobile Number : +63- 919-275-7711
Look For : Jenny
- Bungalow House
- 2 bedrooms
- 1 toilet & Bath
- space for living, dining & kitchen
- space for car garage
- Floor Area : 43.55 sqm
- Lot Area : 121 sqm
Total Package Price : Php 1,304,000.00
SAMPLE COMPUTATION
MODE OF PAYMENT OPTIONS:
1. OPTION 1 - BANK FINANCING
Total package price = Php 1,304,000.00
Less : 25% Down payment = Php 326,000.00
Less Reservation fee = Php 10,000.00
Net down payment = Php 316,000.00 ( 12 mos. to pay )
- Monthly Down Payment in 12 mos. = Php 26,333.33/month
Remaining Loanable Amount 75% = Php 978,000.00
Monthly Amortization
5 years = Php 20,779.61/month
10 years = Php 12,924.34/month
15 years = Php 10,509.64/month
3. OPTION 3 - PAG-IBIG FINANCING
Total package price = Php 1,304,000.00
Less : 25% Down payment = Php 326,000.00
Less Reservation fee = Php 10,000.00
Net down payment = Php 316,000.00 ( 12 mos. to pay )
- Monthly Down Payment in 12 mos. = Php 26,333.33/month
Net Total contract Price after Down Payt : Php 978,000.00
less: Equity : Php 128,000.00 ( 6 mos. to pay )
- Monthly for Equity : Php 21,833.33/month
Remaining Loanable amount = Php 850,000.00
Monthly Amortization ( Subject for Final term Approval )
5 years = Php 17,644.61/month
10 years = Php 10,767.44/month
15 years = Php 8,621.27/month
20 years = Php 7,647.67/month
25 years = Php 7,133.17/month
30 years = Php 6,839.29/month
Note:
1. All units are Pre Selling, house construction start after paying full payment of the
required down payment, construction time 5 to 6 months. House turn over will
follow after house construction & completion of necessary requirements.
2. Php 18,000.00 charges to be paid at terra nova office after full payment of
down payment.
3. Mortgage Registration taxes are not included at the above computation.
Separate computation will be given by specific Bank where loan is applied.
It is more or less 20,000 to 25,000 plus. ( Applicable for Bank Financing Only)
4. Reservation Fee is Php 10,000.00 , to secure or reserve the property from
other buyer.
5. Do not visit the site without calling us security at the gate will NOT ALLOW YOU
TO ENTER without being accompanied by a DEVELOPERS representative.
Thank you!
FOR INQUIRIES & FREE SERVICE VEHICLE FOR SITE
VIEWING PLEASE CONTACT US:
Tel. number : 034- 4768646 or 7069797
Mobile Number : +63- 919-275-7711
Look For : Jenny