Conveniently located in Cavite, with an easy access to the new Costal Road extension that makes travelling to Manila easier, Cedar Village offers affordable, top of the line houses, complete with amenities available to help you feel secure and comfortable in your community.
Floor Area: 28 sq. m.
Lot Area: 40 sq. m.
Two (2) Bedrooms
1 Toilet and Bath
Provision for One (1) car garage
Pre-Painted Long Span Roofing
Painted Interior Wall Finish
Painted Interior Walls
Tiled Kitchen Counter
Tiled Bathroom Flooring
Floor Cement Finish
Steel Casement Windows
Door finishes (Main doors-Panel door; Bedroom doors-PVC door, Toilet & Bath doors-PVC door)
Malls: 3 Minutes drive to Walter mart Carmona, Cavite; 15 Minutes drive to SM Dasmarinas, Cavite; 10 Minutes drive to Alabang Town Center (ATC) and FIESTA MALL (Via SLEX)
Schools: Perpetual College, (Binan); De La Salle Univ. (Laguna); STI College (Carmona); Colegio San Agustin.
SAMPLE COMPUTATION FOR CEDAR VILLAGE – THE CEDAR HOUSE MODEL
PAG-IBIG FINANCING SCHEME
PRICE RANGE: P 550,000.00 up to P 0,999,999.00
Typical Selling Price Php 550,000.00
Legal & Miscellaneous Fee Php 66,000.00
Total Contract Price Php 616,000.00
Loanable Amount Php 575,000.00
DP/Equity Payment Php 41,000.00
Less: Reservation Fee Php 5,000.00
Net Equity Php 36,000.00
Monthly Equity Payment
– payable within 9 mos. with 0% Php 4,000.00
5 years to pay with 7% interest Php 11,385.69
10 years to pay with 7% interest Php 6,676.24
15 years to pay with 7% interest Php 5,168.26
20 years to pay with 7% interest Php 4,457.97
25 years to pay with 7% interest Php 4,063.98
30 years to pay with 7% interest Php 3,825.49
Some people were rather confused by all the numbers when it comes to the financing scheme, so I hope my explanation will make it easier. Here are some keypoints to remember:
The house and lot sells for 616,000 pesos.
You can reserve for as low as 5,000 pesos (This is non-refundable and part of the downpayment, and will be deducted from the downpayment).
There is a downpayment of 41,000.00 pesos (36,000 pesos if you payed the reservation fee), and this can be payed within 9 month, for a total of 4,000 pesos a month with no interest.
Payment of monthly amortization will start only after you finish paying the downpayment.
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