CAVITE HOUSE AND LOT 3STOREY 4BDRM 3T&B MADISON MODEL @ RIDGECREST, WALKING DISTANCE TO SM MOLINO P2

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RIGHT BESIDES A SHOPPING MALL...

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Madison House Model at Ridgecrest

Walking Distance to SM Molino, Bacoor Cavite

Living area / kitchen / car park / mini garden / laundry area / restroom - Ground Floor

3 bedrooms / restroom - Second Floor

Multi purpose area / bedroom / restroom - Third Floor

Can be bought thru Bank, Cash and In-House Financing

Inner Lot cut is 110sqm FA, 80sqm LA

Ridge Crest is a prime residential subdivision located right beside SM Molino in Bacoor, Cavite, that offers American-inspired homes and promises a haven for homeowners through its recreational amenities where residents can rest, relax and revitalize after a long day’s work.

Given the project’s design, location, facilities, land development, and elegant housing units, Ridge Crest can rightfully claim to being a place where homeowners can elevate their quality of life and live the lifestyle they have always dreamed of.

Amenities and Facilities

• Clubhouse

• Swimming Pool

• Multi-Purpose Court

• Park/Children’s Playground

• Jogging Path

• Elevated Water Tank

• 24-Hour Security

House Features:

• Floor Area: 110 sq. m.

• Lot Area: 80 sq. m.

• Three (3) Storey

• Four (4) Bedrooms

• Three (3) Toilet & Bath

• Living Area

• Dining Area

• Kitchen

• Multi-Purpose Area

• Service Area

• Balcony

• Carport

House Finishes:

• Painted Exterior/Interior Walls

• Tiled Toilet & Bath

• Tiled Kitchen Counter with Stainless Kitchen Sink

• Powder Coated Cathedral Window

• Decorative Accent Stones

• Provision for CATV, Telephone and Air-Conditioning Units

SAMPLE COMPUTATION FOR RIDGE CREST

THE MADISON HOUSE MODEL

Option 1: IN-HOUSE FINANCING SCHEME

(INNER LOT)

PRICE STARTS AT PHP 2,100,000.00 AND UP

Typical Selling Price ........................................ Php 2,100,000.00

Legal & Miscellaneous Fee .................................. Php 94,500.00

Total Contract Price ......................................... Php 2,194,500.00

Loanable Amount ............................................. Php 1,680,000.00

DP/Equity Payment ............................................. Php 514,500.00

Less: Reservation Fee .......................................... Php 30,000.00

Net Equity ............................................................ Php 484,500.00

Monthly Equity Payment ....................................... Php 40,375.00

- Payable within 12 mos.

Monthly Amortization

(Excluding MRI/Fire)

6 years to pay with 18% interest ................... Php 38,317.09

10 years to pay with 21% interest ................. Php 33,588.52

Option 2: CASH PAYMENT SCHEME

(INNER LOT)

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

PRICE STARTS AT PHP 2,100,000.00 AND UP

Typical Selling Price ................................................. Php2,100,000.00

Less: Reservation Fee ..............................................    Php 20,000.00

Selling Price Net of Reservation Fee ..................... Php 2,080,000.00

10% Discount within 7 days ................................... Php 1,872,000.00

from the date of reservation

9.5% Discount within 8 to 30 days .......................... Php1,882,400.00

from the date of reservation

9% Discount within 31 to 60 days .......................... Php 1,892,800.00

from the date of reservation

8.5% Discount within 61 to 90 days ....................... Php 1,913,600.00

from the date of reservation

Option 3: BANK FINANCING SCHEME

(INNER LOT)

PRICE STARTS AT PHP 2,100,000.00 AND UP

Typical Selling Price .......................................... Php 2,100,000.00

Legal & Miscellaneous Fee .................................. Php 168,000.00

Total Contract Price ........................................... Php 2,268,000.00

Loanable Amount ............................................... Php 1,848,000.00

DP/Equity Payment ............................................... Php 420,000.00

Less: Reservation Fee ............................................ Php 30,000.00

Net Equity .............................................................. Php 390,000.00

Monthly Equity Payment ......................................... Php 32,500.00

- payable within 12 mos.

Monthly Amortization

• Bank Financing computation is base on your bank of choice and subject to the bank’s requirements

• Bank’s prevailing interest at point of takeout shall apply

• Indicative interest rate shall be used in computing for monthly amortization

5 years to pay with 10.5% interest ...................... Php 39,720.73

10 years to pay with 10.5% interest .................... Php 24,935.99

15 years to pay with 10.5% interest .................... Php 20,427.77

20 years to pay with 10.5% interest .................... Php 18,450.06

25 years to pay with 10.5% interest .................... Php 17,448.48

Stop Renting! Own your Dream Home.

CONTACT FOR FREE SITE VIEWING

Name: Johnny Chua

Website: www.cavitehomes.com

E-mail: sales@cavitehomes.com

Yahoo Messenger: asensotayo@yahoo.com

Contact: (+63)917-8617588 ; (+63)923-9026965