Alexandra Model House

          The ALEXANDRA Model House in Lancaster Estates Cavite is Single-attached type and located in Manchester Village. It includes an ample size balcony upon turn-over. It is connected to the Master’s Bedroom and  offers double roofing. It is installed with a cathedral window. Natural lighting and ventilation is ambient all around the house. The windows can be remained open even if its raining. It has pre-installed with homogeneous Ceramic Tiles on the Ground Floor and Vinyl tiles on the Second Floor. You and your Family can just bring in the furniture and start living comfortably on your new home. Cement roof tiles on top then, GI sheet underneath that offers insulation against heat. It also acts as a sound dampener for rain. You and your Family will enjoy this roof for a lifetime.

HOUSE FEATURES	HOUSE FINISH
FEATURES SIZE Lot Area 120 sq. meter Floor Area 100 sq. meter FEATURES NO. FLOOR LOCATED Bedroom(4) 1 1st Floor 3 2nd Floor Toilet and Bath(3) 1 1st Floor 2 2nd Floor Dining Area Kitchen Area Living Area Balcony 2 Provision for Car Garage Provision for Lanai Linea park at every Backyard Provision for CATV, Telephone and AC Outlet	Ceramic Tile Flooring for Living, Dining, Kitchen Areas Pre Cast Wall Panels Painted Sand Blast Finish for Exterior Walls Concrete Roof Tiles Plain Cement Finish for Interior and Exterior Powder Coated Aluminum Sliding Windows Tiled Kitchen Counter with Stainless Kitchen Sink Tiled Toilet and Bath Vinyl Tile Flooring for Bedrooms, Hallway and Staircase

LANCASTER NEW CITY ALEXANDRA
MODEL HOUSE
SAMPLE COMPUTATION

TERMS	BANK FINANCING 12.5% Downpayment	IN-HOUSE FINANCING 30% Downpayment
OPTION 1: BANK | IN-HOUSE FINANCING
Typical Selling Price	Php 2,800,000.00	Php 2,800,000.00
Add: Processing Fee	Php 224,000.00	Php 126,000.00
Total Contract Price (TCP)	Php 3,024,000.00	Php 2,926,00.00
Downpayment	Php 378,000.00	Php 877,800.00
Less: Reservation Fee	Php 20,000.00	Php 20,000.00
Net Downpayment	Php 358,000.00	Php 857,800.00
Monthly Downpayment	Php 23,866.67 (15mos)	Php 35,741.67 (24mos)
Total Loanable Amount	Php 2,646,000.00	Php 2,048,200.00 (70%)
MONTHLY AMORTIZATION
YEARS	BANK FINANCING	IN-HOUSE FINANCING
5 years	Php 53,651.34	Php 52,010.82
10 years	Php 32,103.28	Php 40,950.00
15 years	Php 25,286.55	Not Applicable
20 years	Php 22,132.20	Not Applicable
NOTE:

• MRI and FIRE Insurance not included.
• Move-in after 21st to 24th month.
• Monthly Amortization payments will a month after the last Down Payment.
• Processing Fees includes Transfer of Title.
• Interest rate is for reference only.
• Prevailing interest rate will apply upon loan takeout.
• Bank terms for OFW is 15yrs and locally employed is up to 20yrs.
• Developer will process loan. Tied up with MBTC.
• Bank maximum approved amount will depend on salary & age (loan maturity is 65 yrs.)

OPTION 2:CASH PAYMENT SCHEME

(Legal & Miscellaneous Fees and Reservation Fees not included in the computation of the discount)

Typical Selling Price	Php 2,800,000.00
Less: Reservation Fee	Php 20,000.00
Selling Price Net of Reservation Fee	Php 2,780,000.00
10% Discount within 7 Days from the Date of Reservation Fee	Php 2,502,000.00
9.5% Discount within 8 – 30 Days from the Date of Reservation	Php 2,515,900.00
9% Discount within 31 – 60 days from the Date of Reservation	Php 2,529,800.00
8.5% Discount within 61 – 90 days from the Date of Reservation	Php 2,543,700.00

NOTE:

• Transfer of Title cost not included.
• Processing fees not yet included in the computation. (4.5% of Selling Price)
• Processing fees includes One year Advance Real Property Tax & Insurances, Advance Homeowners Dues and Documentation/Notarial Fees.
• In-house processing will be processed by the Developer. Buyer just need to Submit Requirements.

SAMPLE COMPUTATION: UPDATED ON MAY 2013