amaresa 2 - payment terms

RESERVATION FEE ☻☻ASHA ASHA : P 15,000: P 15,000 ☻ ☻KAYLA BASICKAYLA BASIC : P : P 20,00020,000 ☻ ☻KAYLA PLUSKAYLA PLUS : P : P 20,00020,000 ☻ ☻KAYLA PRIMEKAYLA PRIME : P 20,000 : P 20,000 ☻ ☻ARYA BASIC/PRIME : P 20,000ARYA BASIC/PRIME : P 20,000 ☻AMARA PRIME ☻AMARA PRIME : P 30,000: P 30,000 ☻ ☻AMARA EXPANDED AMARA EXPANDED : P : P 30,00030,000

MISCELLANEOUS FEES• IN-HOUSE FINANCING

- included in TCP(for DST, Transfer Tax Fee, RD Reg. Fees, and other fees to transfer the TCT to buyer’s name)

• BANK FINANCING- included in TCP (for DST, Transfer Tax Fee, RD Reg. Fees, Bank charges & fees – Mortgage Reg., Processing Fees, and other fees to transfer the TCT to buyer’s name)

- commission will be based on Total Selling Price (Net of MF)

IN-HOUSE IN-HOUSE FINANCING FINANCING

SPOT CASHSPOT CASH ☻ ☻RESERVATION FEERESERVATION FEE ☻90% ☻90% SPOT SPOT

♥ ♥ 3% discount 3% discount on theon the TCPTCP - paid - paid within within 30 days from reservation30 days from reservation 10%10% RETENTION RETENTION ( TCT available ) ( TCT available )

DEFERRED CASH – 0% interestDEFERRED CASH – 0% interest ☻☻RESERVATION FEERESERVATION FEE ☻ ☻BALANCE BALANCE - payable in:- payable in: 30 months for Asha, Kayla & Arya house 30 months for Asha, Kayla & Arya house modelmodel 36 months for Amara house model36 months for Amara house model

SPOT DOWNPAYMENTSPOT DOWNPAYMENT ☻ ☻RESERVATION FEERESERVATION FEE ☻ ☻20% to 50% DOWNPAYMENT 20% to 50% DOWNPAYMENT

♥ ♥ 3%3% discount on the DP discount on the DP– paid within 30 days from reservation– paid within 30 days from reservation

IN-HOUSE FINANCING – 5 YEARSIN-HOUSE FINANCING – 5 YEARS ☻ ☻RESERVATION FEERESERVATION FEE ☻ ☻DOWNPAYMENT – DOWNPAYMENT – 20% or 30% 20% or 30% downpayment downpayment payable in 18 months payable in 18 months without interestwithout interest ☻ ☻BALANCE BALANCE – – 80% or 70% balance payable in 80% or 70% balance payable in 5 5 years at 15% interest per annumyears at 15% interest per annum

*** factor rate – 0.02502993 *** *** factor rate – 0.02502993 ***

IN-HOUSE FINANCING – 10 YEARSIN-HOUSE FINANCING – 10 YEARS ☻ ☻RESERVATION FEERESERVATION FEE ☻ ☻DOWNPAYMENT – DOWNPAYMENT – 20% or 30% downpayment 20% or 30% downpayment

payable in 18 months without payable in 18 months without interestinterest ☻ ☻BALANCE BALANCE – 80% or 70% balance payable in 10 – 80% or 70% balance payable in 10

years at 17% interest per annumyears at 17% interest per annum

***factor rate – 0.01861977 ******factor rate – 0.01861977 ***

COMPUTATION:COMPUTATION:TERMTERM : 20% DP payable in 18 mos.: 20% DP payable in 18 mos.

80% balance payable in 5 years or 10 80% balance payable in 5 years or 10 yearsyearsHOUSE MODELHOUSE MODEL : : ASHAASHATSP OF H&L TSP OF H&L : 1,765,000.00 : 1,765,000.00TCP OF H&L w/ MF : 1,844,425.00 TCP OF H&L w/ MF : 1,844,425.00 20% DOWNPAYMENT: 368,885.0020% DOWNPAYMENT: 368,885.00less Res Feeless Res Fee : 15,000.00 : 15,000.00BALANCE DPBALANCE DP : 353,885.00 : 353,885.0018 MONTHLY DP18 MONTHLY DP : 19,660.28 per month : 19,660.28 per month

80% BALANCE80% BALANCE : 1,475,540.00 : 1,475,540.00PAY FOR 5 YEARSPAY FOR 5 YEARS : : 36,932.66 per month 36,932.66 per month ( 0.02502993)( 0.02502993)PAY FOR 10 YEARSPAY FOR 10 YEARS : : 27,474.22 per month 27,474.22 per month ( ( 0.01861977)0.01861977)

BANK FINANCING BANK FINANCING SAMPLE SAMPLE

COMPUTATION COMPUTATION ( HOUSE & LOT( HOUSE & LOT ))

BANK FINANCINGBANK FINANCING

☻☻RESERVATION FEERESERVATION FEE☻☻20% 20% DOWNPAYMENT DOWNPAYMENT payable in 18 months without interest payable in 18 months without interest

☻☻80% 80% BALANCEBALANCE – payable in – payable in

a.) 5 years 7.50% int. a.) 5 years 7.50% int. 0.020037950.02003795b.) 10 years b.) 10 years 9.50% int. 0.01293976 9.50% int. 0.01293976c.) 15 years c.) 15 years 10.00% int 0.01074605 10.00% int 0.01074605 d.)d.) 20 years20 years 11.00% int 11.00% int 0.01032188 0.01032188

Note: Pricelist indicates 7.00% fixed for 3 yrs.Note: Pricelist indicates 7.00% fixed for 3 yrs.

TERMTERM : 20% DP payable in 18 mos.: 20% DP payable in 18 mos. 80% balance payable in 5,10,15 & 20 80% balance payable in 5,10,15 & 20

yearsyearsMODEL HOUSE MODEL HOUSE : ASHA: ASHA TSP OF H&L TSP OF H&L : 1,765,000.00: 1,765,000.00TCP OF H&L w/ MF : 1,879,725.00TCP OF H&L w/ MF : 1,879,725.0020% DOWNPAYMENT20% DOWNPAYMENT : 375,945.00: 375,945.00less Res Feeless Res Fee : 15,000.00: 15,000.00BALANCE DPBALANCE DP : 360,945.00: 360,945.0018 MONTHLY DP18 MONTHLY DP : 20,052.50 per month: 20,052.50 per month

80% BALANCE80% BALANCE : 1,503,780.00 : 1,503,780.00PAY FOR 5 YRS @ 7.50%PAY FOR 5 YRS @ 7.50% : 30,132.67 per month : 30,132.67 per month (0.02003795)(0.02003795)PAY FOR 10 YRS @ 9.50% : 19,458.55 per month PAY FOR 10 YRS @ 9.50% : 19,458.55 per month (0.01293976)(0.01293976)PAY FOR 15 YRS @10.00% : 16,159.70 per month PAY FOR 15 YRS @10.00% : 16,159.70 per month (0.01074605)(0.01074605)PAY FOR 20 YRS @11.00% : 15,521.84 per month PAY FOR 20 YRS @11.00% : 15,521.84 per month (0.01032188)(0.01032188)

LIST OF REQUIRED LIST OF REQUIRED DOCUMENTS FOR DOCUMENTS FOR

SALES RECOGNITION SALES RECOGNITION IN-HOUSE FINANCINGIN-HOUSE FINANCING

(STAGES 1 – 4)(STAGES 1 – 4)

STAGE 1 : RESERVED STAGE 1 : RESERVED SALESALE • Documents 1-6 should be submitted to guarantee reservation of unitDocuments 1-6 should be submitted to guarantee reservation of unit

1.1. Full Reservation Fee ( Cash or Dated Check )Full Reservation Fee ( Cash or Dated Check )2.2. Buyer’s Information SheetBuyer’s Information Sheet3.3. Reservation AgreementReservation Agreement4.4. Photocopy of two (2) Valid Gov’t IDsPhotocopy of two (2) Valid Gov’t IDs

☻☻ Driver’s LicenseDriver’s License☻☻ PassportPassport☻ ☻ PRC IDPRC ID☻ ☻ SSS IDSSS ID☻☻ Postal IDPostal ID☻☻ TIN IDTIN ID

5.5. Proof of billingProof of billing MeralcoMeralco ******Certification LetterCertification Letter PLDTPLDT and Valid ID of Owner ***and Valid ID of Owner *** Credit cardCredit card Water billWater bill Cellphone SOACellphone SOA

6.6. Proof of incomeProof of incomeA.A. If LOCALLY EMPLOYEDIf LOCALLY EMPLOYED

1.1. Latest 3 months payslip or COECLatest 3 months payslip or COEC*** 35% of GMI (Gross Monthly Income) ****** 35% of GMI (Gross Monthly Income) ***

B. OFWB. OFW1. Job Contract or COEC with English Translation 1. Job Contract or COEC with English Translation (stating salary, position, length of service) or 3 (stating salary, position, length of service) or 3 mos. payslipmos. payslip

2. Photocopy of (2) Valid IDs of AIF2. Photocopy of (2) Valid IDs of AIF 3. BIS of AIF3. BIS of AIF

C. IF SELF-EMPLOYEDC. IF SELF-EMPLOYED1. Cert. of Registration (DTI Registration) or 1. Cert. of Registration (DTI Registration) or Business PermitBusiness Permit

2. Bank Statement (Latest 3 mos.) or ITR2. Bank Statement (Latest 3 mos.) or ITR

STAGE 2 : CLOSED SALESTAGE 2 : CLOSED SALE • For submission 7 – 30 days upon approval of saleFor submission 7 – 30 days upon approval of sale

1.1. Tax Identification NumberTax Identification Number2.2. Sketch of Present AddressSketch of Present Address3.3. 1 x 1 photo (3 pcs.)1 x 1 photo (3 pcs.)4.4. If single: BIRTH CERTIFICATEIf single: BIRTH CERTIFICATE5.5. If married: Marriage CertificateIf married: Marriage Certificate6.6. COMPLETE POST DATED CHECKS FOR COMPLETE POST DATED CHECKS FOR

DOWNPAYMENTDOWNPAYMENT

7. Proof of Income:7. Proof of Income:A. If Locally employedA. If Locally employed a.1 Latest COEC (stating rank/position, length of a.1 Latest COEC (stating rank/position, length of service and salary) or Latest ITRservice and salary) or Latest ITR

B. OFWB. OFW b.1 Latest Job Contract or COEC with English Translationb.1 Latest Job Contract or COEC with English Translation b.2 Latest 3 mos. Bank Statementb.2 Latest 3 mos. Bank Statement

b.3 Notarized Special Power of Attorneyb.3 Notarized Special Power of Attorney

C. FOR SELF-EMPLOYEDC. FOR SELF-EMPLOYED c.1 Latest ITR or BIR Audited Financial Statementc.1 Latest ITR or BIR Audited Financial Statement c.2 Certificate of Registration of Business Name (DTI Registration)c.2 Certificate of Registration of Business Name (DTI Registration) c.3 Business Permitc.3 Business Permit

STAGE 3 : DEVELOPER’S STAGE 3 : DEVELOPER’S DOCUMENTSDOCUMENTS ( whichever is applicable )( whichever is applicable )

1.1. Contract to Sell / Deed of Absolute SaleContract to Sell / Deed of Absolute Sale2.2. Deed of RestrictionsDeed of Restrictions3.3. Insurance QuestionaireInsurance Questionaire4.4. Other documents to be required by the Other documents to be required by the

developer from the buyerdeveloper from the buyer

STAGE 4: BEFORE FULL STAGE 4: BEFORE FULL DOWNPAYMENTDOWNPAYMENT

1.1. 36 MONTHS PDC’s for M.A.36 MONTHS PDC’s for M.A.2.2. Any Latest Proof of Income (3 months payslip Any Latest Proof of Income (3 months payslip

or COEC, or ITR)or COEC, or ITR)

LIST OF REQUIRED LIST OF REQUIRED DOCUMENTS FOR DOCUMENTS FOR

SALES RECOGNITION SALES RECOGNITION BANK FINANCINGBANK FINANCING(STAGES 1 – 3)(STAGES 1 – 3)

STAGE 1 : RESERVED STAGE 1 : RESERVED SALESALE • Documents 1-6 should be submitted to guarantee reservation of unitDocuments 1-6 should be submitted to guarantee reservation of unit

1.1. Full Reservation Fee ( Cash or Dated Check )Full Reservation Fee ( Cash or Dated Check )2.2. Buyer’s Information SheetBuyer’s Information Sheet3.3. Reservation AgreementReservation Agreement4.4. Photocopy of two (2) Valid Gov’t IDsPhotocopy of two (2) Valid Gov’t IDs

☻☻ Driver’s LicenseDriver’s License☻☻ PassportPassport☻ ☻ PRC IDPRC ID☻ ☻ SSS IDSSS ID☻☻ Postal IDPostal ID☻☻ TIN IDTIN ID

5.5. Proof of billingProof of billing MeralcoMeralco ******Certification LetterCertification Letter PLDTPLDT and Valid ID of Owner ***and Valid ID of Owner *** Credit cardCredit card Water billWater bill Cellphone SOACellphone SOA

6.6. Proof of incomeProof of incomeA.A. If LOCALLY EMPLOYEDIf LOCALLY EMPLOYED

1.1. Latest 3 months payslip or COECLatest 3 months payslip or COEC*** 35% of GMI ( Gross Monthly Income ) ****** 35% of GMI ( Gross Monthly Income ) ***

B. OFWB. OFW1. Job Contract or COEC with English Translation 1. Job Contract or COEC with English Translation (stating salary, position, length of service) or 3 (stating salary, position, length of service) or 3 mos. payslipmos. payslip

2. Photocopy of (2) Valid IDs of AIF2. Photocopy of (2) Valid IDs of AIF 3. BIS of AIF3. BIS of AIF

C. IF SELF-EMPLOYEDC. IF SELF-EMPLOYED1. Cert. of Registration (DTI Registration) or 1. Cert. of Registration (DTI Registration) or Business PermitBusiness Permit

2. Bank Statement (Latest 3 mos.) or ITR2. Bank Statement (Latest 3 mos.) or ITR

STAGE 2 : CLOSED SALESTAGE 2 : CLOSED SALE • For submission 7 – 30 days upon approval of saleFor submission 7 – 30 days upon approval of sale

1.1. Tax Identification NumberTax Identification Number2.2. Sketch of Present AddressSketch of Present Address3.3. 1 x 1 photo ( 3 pcs. )1 x 1 photo ( 3 pcs. )4.4. If single: BIRTH CERTIFICATE & CENOMARIf single: BIRTH CERTIFICATE & CENOMAR5.5. If married: Marriage Certificate If married: Marriage Certificate 6.6. POST DATED CHECKS FOR DOWNPAYMENTPOST DATED CHECKS FOR DOWNPAYMENT

7. Proof of Income:7. Proof of Income:A. If Locally employedA. If Locally employed a.1 Latest COEC (stating rank/position, length of a.1 Latest COEC (stating rank/position, length of service and salary) service and salary) a.2 Latest ITRa.2 Latest ITR

B. OFWB. OFW b.1 Latest Job Contract or COEC with English Translationb.1 Latest Job Contract or COEC with English Translation b.2 Latest 3 mos. Bank Statement b.2 Latest 3 mos. Bank Statement b.3 Notarized Special Power of Attorneyb.3 Notarized Special Power of Attorney

C. FOR SELF-EMPLOYEDC. FOR SELF-EMPLOYED c.1 Latest ITR and BIR Audited Financial Statementc.1 Latest ITR and BIR Audited Financial Statement c.2 Certificate of Registration of Business Name (DTI Registration)c.2 Certificate of Registration of Business Name (DTI Registration) c.3 Business Permitc.3 Business Permit c.4 Clients & Suppliers (with contact persons, numbers, at least c.4 Clients & Suppliers (with contact persons, numbers, at least (5) five)(5) five)

STAGE 3 : DEVELOPER’S STAGE 3 : DEVELOPER’S DOCUMENTSDOCUMENTS ( whichever is applicable )( whichever is applicable )

1.1. Contract to Sell / Deed of Absolute SaleContract to Sell / Deed of Absolute Sale2.2. Deed of RestrictionsDeed of Restrictions3.3. Insurance QuestionnaireInsurance Questionnaire4.4. Other documents to be required by the Other documents to be required by the

developer from the buyerdeveloper from the buyer

COMMISSION COMMISSION RELEASE RELEASE

SCHEDULESCHEDULE

A. PAYMENT TERM : SPOT A. PAYMENT TERM : SPOT CASHCASH

DESCRIPTIONDESCRIPTIONCOMMISSION COMMISSION

RELEASERELEASEDOCUMENTARY DOCUMENTARY

REQUIREMENTSREQUIREMENTS

1. Full Reservation 1. Full Reservation Fee PaidFee Paid Reservation Reservation

Commission (RC)Commission (RC)

Reserved Sale Reserved Sale RequirementsRequirements

2. Balance, Net of 2. Balance, Net of 10% Retention10% Retention

100%-RC100%-RC Closed Sale Requirements Closed Sale Requirements & Developer Documents& Developer Documents

Note: Withholding Tax to be deducted on Commission.Note: Withholding Tax to be deducted on Commission.

B. SPOT DP (20% or 30%) ; B. SPOT DP (20% or 30%) ; DEFERRED BALANCEDEFERRED BALANCE




1. Full Reservation 1. Full Reservation Fee PaidFee Paid

Reservation Commission Reservation Commission (RC) (RC) Reserved Sale RequirementsReserved Sale Requirements

2. Full Downpayment2. Full Downpayment (85% - RC) (85% - RC)

------ (15% - RC) (15% - RC) Closed Sale Requirements & Closed Sale Requirements &

Developer Documents Developer Documents

TOTALTOTAL 100.00%100.00%


B. SPOT DP (20% or 30%) ; B. SPOT DP (20% or 30%) ; LONG TERM BALANCELONG TERM BALANCE




1. Full Reservation 1. Full Reservation Fee PaidFee Paid

Reservation Commission Reservation Commission (RC) (RC) Reserved Sale RequirementsReserved Sale Requirements

2. Full Downpayment2. Full Downpayment (70% - RC) (70% - RC)

------ (30% - RC) (30% - RC) Closed Sale Requirements & Closed Sale Requirements &

Developer Documents Developer Documents



C. DEFERRED CASHC. DEFERRED CASHDESCRIPTIONDESCRIPTION

COMMISSION COMMISSION RELEASERELEASE

DOCUMENTARY DOCUMENTARY REQUIREMENTSREQUIREMENTS

1. Full Reservation Fee 1. Full Reservation Fee PaidPaid Reservation Commission (RC) Reservation Commission (RC) Reserved Sale RequirementsReserved Sale Requirements

2. First Month Paid2. First Month Paid (100% - RC) / 8(100% - RC) / 8Closed Sale Requirements & Closed Sale Requirements &

Developer DocumentsDeveloper Documents

3. Second Month Paid3. Second Month Paid (100% - RC) / 8(100% - RC) / 8

4. Third Month Paid4. Third Month Paid (100% - RC) / 8(100% - RC) / 8

5. Fourth Month Paid5. Fourth Month Paid (100% - RC) / 8(100% - RC) / 8

6. Fifth Month Paid6. Fifth Month Paid (100% - RC) / 8(100% - RC) / 8

7. Sixth Month Paid7. Sixth Month Paid (100% - RC) / 8(100% - RC) / 8

8. Seventh Month Paid8. Seventh Month Paid (100% - RC) / 8(100% - RC) / 8

9. Eighth Month Paid9. Eighth Month Paid (100% - RC) / 8(100% - RC) / 8



D. 20% DP; 18 MONTHS TO PAYD. 20% DP; 18 MONTHS TO PAYDESCRIPTIONDESCRIPTION COMMISSION RELEASECOMMISSION RELEASE DOCUMENTARY REQUIREMENTSDOCUMENTARY REQUIREMENTS

1. Full Reservation Fee Paid1. Full Reservation Fee Paid Reservation Commission (RC) Reservation Commission (RC) Reserved Sale RequirementsReserved Sale Requirements

2. 1ST Downpayment Paid2. 1ST Downpayment Paid (100% - RC) / 18(100% - RC) / 18Closed Sale Requirements & Developer Closed Sale Requirements & Developer

DocumentsDocuments

3. 2ND Downpayment Paid3. 2ND Downpayment Paid (100% - RC) / 18(100% - RC) / 18

4. 3RD Downpayment Paid4. 3RD Downpayment Paid (100% - RC) / 18(100% - RC) / 18

5. 4TH Downpayment Paid5. 4TH Downpayment Paid (100% - RC) / 18(100% - RC) / 18













18. 17TH Downpayment Paid18. 17TH Downpayment Paid (100% - RC) / 18(100% - RC) / 18 36mos. PDC'S for MA & Other Income Docs. 36mos. PDC'S for MA & Other Income Docs.


TOTALTOTAL 100.00%100.00%Note: Withholding Tax to be deducted on Commission.Note: Withholding Tax to be deducted on Commission.

THANK YOU FOR THANK YOU FOR LISTENING….LISTENING….

☻☻☻☻☻☻

VISIT: innovarerealty.weebly.com

Contact: CHRISTOPHER BALBUENAVIBER/GLOBE: 0917.593.2869SUN: 0922.895.1759

amaresa 2 - payment terms

Real Estate