aspen heights sample computation
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ASPEN HEIGHTS updated as of October 2014 until further notice
Communal, Buhangin, Davao City - 5mins. From Davao NAIA (Airport)
2storey Bungalow Bungalow SA-Bungalow Duplex
House Model : KASANDRA KAREENA GABRIELA CARMINA Bianca
(inner lot) (inner lot) (inner lot) (inner lot) (inner lot)
BLOCK - LOT
LOT AREA : 150 150 120 100 200
Excess Lot, if any
Total LOT AREA : 150 150 120 100 200
Floor Area : 93 55 41 40 80
No. of Bedrooms : 4 3 2 2 2
No. of Toilet and Bath : 3 2 1 1 1
Package Price : 3,355,968 2,384,030 1,840,938 1,563,914 3,080,000
TOTAL PACKAGE PRICE (inclusive of VAT) : 3,355,968 2,384,030 1,840,938 1,563,914 3,080,000
(IF TCP is P3.1m&up with 12%EVAT)
Option A: Spot CashSPOT CASH (in 3 days), Less 3%, after rsvn : 3,235,889 2,293,109 1,766,310 1,497,597 2,968,200
SPOT CASH (30 days), Less 2.5%, after rsvn : 3,252,569 2,304,929 1,775,415 1,505,316 2,983,500
* note: Spot Cash + Processing Fees
Option B: Deferred Cash24 months, 0% interest (less P25k at 0%) : 145,782 103,260 79,499 67,380 133,708
If thru BANK Financing:
20% Equity or DP : 671,194 476,806 368,188 312,783 616,000
Processing of Title Fee 5% : 167,798 119,202 92,047 78,196 154,000
Total Equity + Processing Fee 838,992 596,008 460,235 390,979 770,000
Reservation Fee : (20,000) (20,000) (20,000) (20,000) (20,000)
Total : 818,992 576,008 440,235 370,979 750,000
Payable in 24months (maximum) : 34,125 24,000 18,343 15,457 31,250
80% Loanable Amount : 2,684,774 1,907,224 1,472,750 1,251,131 2,464,000
Loanable Amount payable as follows:
5 YEARS - 6.25% INTEREST P.A. (estimate only) : 52,217 37,094 28,644 24,334 47,923
Required Gross Monthly Income : 174,056 123,647 95,480 81,112 159,743
10 YEARS - 6.25% INTEREST P.A. (estimate only) : 30,145 21,414 16,536 14,048 27,666
Required Gross Monthly Income : 100,482 71,381 55,120 46,826 92,219
15 YEARS - 6.25% INTEREST P.A. (estimate only) : 23,020 16,353 12,628 10,727 21,127
Required Gross Monthly Income : 76,733 54,510 42,092 35,758 70,423
20 YEARS - 6.25% INTEREST P.A. (estimate only) : 19,624 13,940 10,765 9,145 18,010
Required Gross Monthly Income : 65,413 46,468 35,882 30,483 60,034 (1 to 10yrs fixed interest, 15 to 20yrs subject to repricing, OFW max 15years)
If thru Pag-ibig Financing:
30% Equity or DP : 1,006,790.40 715,209.00 552,281.40 469,174.20 924,000.00
Processing of Title Fee 5% : 167,798 119,202 92,047 78,196 154,000
Total Equity + Processing Fee 1,174,589 834,411 644,328 547,370 1,078,000
Reservation Fee : (20,000) (20,000) (20,000) (20,000) (20,000)
Total : 1,154,589 814,411 624,328 527,370 1,058,000
Payable in 24months (maximum) : 48,108 33,934 26,014 21,974 44,083
70% Loanable Amount payable as follows: 2,349,178 1,668,821 1,288,657 1,094,740 2,156,000
30 YEARS - 6.985% INTEREST P.A. (estimate only) : 15,605 11,086 8,560 7,272 14,322 Required Gross Monthly Income : 52,018 36,953 28,535 24,241 47,741
PAGIBIG Interest Rate is based on a 3 year TERM, subject to repricing after 3 years…
Loanable Amount may vary depending on buyer's Net Income & Pag-ibig or Bank Appraisal. SHDC does not guarantee the approval.
Reservation & Processing Fee are non-refundable… Prices are subject to change without prior notice
issuance of PDC is needed for equity (payable to Steward Home Development Corp.), HDMF Amortization
excess lot at P6,200 per sqm (promo price only)
Initial Document requirements are to be submitted 7days from date of reservation. However the buyer, may be further required to submit/update other requirements.