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Pag-ibig Loan

(Pag-Ibig Loan)
33,sq.m: floor area
2nd floor
Bldg. Florence (6th Bldg)
2bedrooms
Fully finished (vinyl tiles .kitchen sink, white painted wall, room partition,)
February’07 Turn-over

Total Selling Price of 1,270,000.00
Loanable amount of 750,000.00
Equity 520,000.00
Reservation Fee 10,000.00
Total Equity 510,000.00

Partial Equity (move in) 254,000.00/12months to pay
21,166.66/month

1st 1year and 2years(equity balance 266,000.00/24months+12,000.00 (10years to pay loan value of 750,000.00)= 23,083.33/month
3rd year onwards 12,000.00/month
Other fees and charges (one time payments)
Pag-ibig processing fee 3,000.00
*upgrade of contribution for buyers with
Less than P400 monthly pag-ibig contribution 600.00
Annotation fee (1.5% of loan amount) 11,250.00
Facilitation fee 1,000.00
15,850.00

Application Fees
1yr advance MRI and fire insurance 6,000.00
Drying Cages (1cage per unit) 10,000.00
Meralco meter 4,800.00
Homeowners Association fee 1,000.00
Water Meter 1,000.00
PLDT underground cable 1,000.00
23,800.00

Total Charges 39,650.00/24months to pay
1,652.08/month



Summary Payments:
Reservation fee 10,000.00(deductable)
Partial equity (move-in) 21,166.66/month
1st 1 year and 2 years 23,083.33+1,652.08
24,735.41/month
3rd year onwards (14 years) 12,000.00/month



Note: For more questions please call/text Ron/Lab Austria @ +09174004574 or email austin3_16_ph@yahoo.com

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