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  • GRASS 2br 30TH FLR PDF

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    Mark Spicer
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    This document outlines the payment terms for three rental purchase options for unit 01B on the 30th floor of the GRASS Residences tower. The unit is a 2-bedroom unit with a balcony and floor area of 54.1 square meters. Option 1 requires a 5% down payment, Option 2 requires 7.5% down payment, and Option 3 requires 10% down payment, with the remainder to be paid in monthly installments over 22 months at interest rates of 6.5% for a 3-year home loan. It also lists the breakdown of other charges totaling 6.5% of the total contract price of 7,816,260.

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    This document outlines the payment terms for three rental purchase options for unit 01B on the 30th floor of the GRASS Residences tower. The unit is a 2-bedroom unit with a balcony and floor area of 54.1 square meters. Option 1 requires a 5% down payment, Option 2 requires 7.5% down payment, and Option 3 requires 10% down payment, with the remainder to be paid in monthly installments over 22 months at interest rates of 6.5% for a 3-year home loan. It also lists the breakdown of other charges totaling 6.5% of the total contract price of 7,816,260.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    8 views1 page

    GRASS 2br 30TH FLR PDF

    Uploaded by

    Mark Spicer
    This document outlines the payment terms for three rental purchase options for unit 01B on the 30th floor of the GRASS Residences tower. The unit is a 2-bedroom unit with a balcony and floor area of 54.1 square meters. Option 1 requires a 5% down payment, Option 2 requires 7.5% down payment, and Option 3 requires 10% down payment, with the remainder to be paid in monthly installments over 22 months at interest rates of 6.5% for a 3-year home loan. It also lists the breakdown of other charges totaling 6.5% of the total contract price of 7,816,260.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    SM DEVELOPMENT CORPORATION

    GRASS Residences
    RENT TO OWN AVAILABLE
    Tower / Unit No.: B01 30th flr unit 01B
    Unit Type / Floor Area: 2Bedroom W/ BALCONY 54.1SQ 2Bedroom W/ BALCONY 54.1SQ 2Bedroom W/ BALCONY 54.1SQ
    View
    Total List Price: 6,596,000.00 6,596,000.00 6,596,000.00
    Promo discount

    Net Total List Price: 6,596,000.00 6,596,000.00 6,596,000.00


    6.5% Other Charges: 428,740.00 428,740.00 428,740.00
    VAT(if net list price exceeds 250000 791,520.00 791,520.00 791,520.00
    Total Contract Price: 7,816,260.00 7,816,260.00 7,816,260.00

    Down Payment: 390,813.00 586,219.50 781,626.00


    Less Reservation Fee: 25,000.00 25,000.00 25,000.00
    DOWNPAYMENT 365,813.00 561,219.50 756,626.00
    Net DP after RF: 1,172,439.00 977,032.50 781,626.00
    OPTION 1 OPTION 2 OPTION 3
    5% SPOT DOWNPAYMENT 7.5% SPOT DOWNPAYMENT 10% SPOT DOWNPAYMENT
    PAYMENT TERMS: 15% DP in 22 months 12.5% DP in 22 months 10% DP in 22 months
    80% Balance Cash/Bank 80% Balance Cash/Bank 80% Balance Cash/Bank
    Month 1 (Reservation) 25,000.00 25,000.00 25,000.00
    Month 2 (Downpayment) 365,813.00 561,219.50 756,626.00
    Month 3 (start monthly) 53,292.68 44,410.57 35,528.45
    Month 4 53,292.68 44,410.57 35,528.45
    Month 5 53,292.68 44,410.57 35,528.45
    Month 6 53,292.68 44,410.57 35,528.45
    Month 7 53,292.68 44,410.57 35,528.45
    Month 8 53,292.68 44,410.57 35,528.45
    Month 9 53,292.68 44,410.57 35,528.45
    Month 10 53,292.68 44,410.57 35,528.45
    Month 11 53,292.68 44,410.57 35,528.45
    Month 12 53,292.68 44,410.57 35,528.45
    Month 13 53,292.68 44,410.57 35,528.45
    Month 14 53,292.68 44,410.57 35,528.45
    Month 15 53,292.68 44,410.57 35,528.45
    Month 16 53,292.68 44,410.57 35,528.45
    Month 17 53,292.68 44,410.57 35,528.45
    Month 18 53,292.68 44,410.57 35,528.45
    Month 19 53,292.68 44,410.57 35,528.45
    Month 20 53,292.68 44,410.57 35,528.45
    Month 21 53,292.68 44,410.57 35,528.45
    Month 22 53,292.68 44,410.57 35,528.45

    BDO HOME LOAN FIX FOR 3 YEARS @ 6.5%


    6,253,008.00
    3 years 188,815.22
    5 years 122,347.28
    10 years 71,001.64 Prepared by:
    15 years 54,470.42 Mark Louie Anciro
    Breakdown Other Charges Sales Manager
    Registration Fee 1.28% 0917-5012928
    Documentary Tax 1.50% smdcprimecondo@gmail.com
    Transfer of Tax 0.75% www.propertycondofinder.com
    Legal Fees of Tax 0.15%
    Water/Electric Connection 1.55%
    Miscellaneous Fee 1.27%
    Total 6.50%

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