| HOUSE MODEL | Cranberry-SF | ||||||
| updated price as of October 20, 2008 until further notice | |||||||
| Minimum Available Lot Area(sqm): | 120 | ||||||
| Floor Area(sqm): | 50 | ||||||
| TOTAL CONTRACT PRICE | 1,631,000 | ||||||
| A. Bank Financing | |||||||
| 20% Downpayment | 326,200 | ||||||
| a. Low Downpayment Balance | |||||||
| Reservation Fee (30days) | 15,000 | ||||||
| 1st-12th Straight Monthly DP | 25,933 | ||||||
| b. Full Downpayment in within the month of reservation | |||||||
| Reservation Fee | 15,000 | ||||||
| SPOT DP discount | 24,896 | ||||||
| Net Downpayment | 286,304 | ||||||
| 80% Estimated Loanable Amount | 1,304,800 | ||||||
| 15 | years (subject to annual repricing) | 11.50% | 15,660 | ||||
| B. DEFERRED CASH PAYMENT | |||||||
| no Downpayment, payable in 2 yrs at | |||||||
| ZERO INTEREST | |||||||
| Reservation | 15,000 | ||||||
| Monthly payment for 24 months | 67,333 | ||||||
| C. SPOTCASH PAYMENT (payable within month of reservation) | |||||||
| Total Contract Price | 1,631,000 | ||||||
| Less: Reservation Fee | 15,000 | ||||||
| Spot cash discount | 124,240 | ||||||
| Net Total Contract Price | 1,491,760 | ||||||
| *Total Contract Price includes Miscellaneous Customers Charges. It does not | |||||||
| however, include MRI-Mortgage Redemption Insurance Premium & Fire Insurance Premium. | |||||||
| *Loanable amount is subject to Credit Committee or Bank Approval. | |||||||
| *Document requirements are to be submitted within 7 days from date of reservation. However, | |||||||
| the buyer may be futher required to submit/update other documents. | |||||||
| *Please make all checks payable to Communities (Davao), Inc. No broker or agent is authorized to issue official receipts. | |||||||
| *The site developer reserves the right to correct typographical errors appearing in this pricelist. | |||||||
| *Prices are subject to change without prior notice | |||||||
| Made & Prepared by: | |||||||
| DINAH PATRIMONIO | |||||||
| RELB No. XI-06-417(N) | |||||||
| www.davaoestate.com | |||||||