CrestView Homes-Model House – Diantha-D (Single Detached)

The Diantha D, an affordable single detached bungalow. Is one of the two types of Diantha Model Unit. Both Diantha models has a 100 sqm lot area, but differs in lot area. Crest View Homes is a new low cost subdivision project by Urbaneast Development, Inc. The project is located at Mintal, Davao City.

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 Diantha-D (Single Detached) – Floor Plan

Package Price: P1,405,000

Lot Area: 100 sqm

Floor Area: 40.5 sqm

2 Bedroom

1 Toilet and Bath

Sample Computation:

Package Price: P1,405,00

Reservation Fee: P15,000

==HDMF FINANCING==

Total Loanable Value: P1,150,380

Total Equity Includes Transfer & HDMF Fees: P315,258

Equity 6 Mos to Pay: P52,543 per month

Equity 12 Mos to Pay: P26,272 per month

Equity 18 Mos to Pay: P17,514 per month

Equity 22 Mos to Pay: P14,330 per month

Equity 24 Mos to Pay: P13,136 per month

Total HDMF Take Out: P1,150,380

20 yrs @ 5.5% int. rate (Indicative): P7,913 per month

25 yrs @ 5.5% int. rate (Indicative): P7,064 per month

30 yrs @ 5.5% int. rate (Indicative): P6,532 per month

==IN-HOUSE FINANCING==

30% Down Payment: P421,500

SPOT Down Payment 2% Discount: P413,070

6 Mos @ 0% int. rate: P70,250 per month

12 Mos @ 0% int. rate: P35,125 per month

15 Mos @ 0% int. rate: P28,100 per month

18 Mos @ 0% int. rate: P23,417 per month

22 Mos @ 0% int. rate: P19,159 per month

24 Mos @ 0% int. rate: P17,563 per month

70% Balance: P973,000

3 yrs to pay @ 12% int: P32,318 per month

5 yrs to pay @ 15% int: P23,148 per month

7 yrs to pay @ 17% int: P19,884 per month

10 yrs to pay @ 18% int: P17,532 per month

==SPOT CASH AND DEFERRED CASH==

Spot Cash 30 days: 2% Discount: P1,362,200

6 Monthly Payments: 1% Discount: P229,350 per month

12 Monthly Payments @ 0% int.: P115,833 per month

24 Monthly Payments @ 0% int.: P57,917 per month

36 Monthly Payments @ 0% int.: P38,611 per month

48 Monthly Payments @ 0% int.: P28,958 per month

==BANK FINANCING==

20% Equity Payment: P278,000

6 Mos. @ 0% int. rate: P46,333 per month

12 Mos. @ 0% int. rate: P23,167 per month

18 Mos. @ 0% int. rate: P15,444 per month

24 Mos. @ 0% int. rate: P11,583 per month

Approx. Transfer Fee(Due with last equity): P72,374

80% Balance for Financing: P1,112,000

5 yrs to pay 6% int. rate (Indicative – subj to repr): P21,498 per month

15 yrs to pay 6% int. rate (Indicative – subj to repr): P9,384 per month

20 yrs to pay 6% int. rate (Indicative – subj to repr): P7,967 per month

25 yrs to pay 6% int. rate (Indicative – subj to repr): P7,165 per month

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