Prescila Heights is a low cost socialized housing project of Joanna Legacy Homes Inc. It is situated in Lamac, Consolacion, Cebu. It is built on a 3 hectare property in the hills of Lamac, Consolacion and will comprise of 160 house and lot units, 58 of which are offered as lot only packages. The houses are complete with floor tiles, kitchen cabinets and fully partitioned bedrooms. Prescila Heights offers you affordable houses, comfortability, accessibility and guaranteed investment return. We believed that shelter need not be expensive and is therefore a right not a privilege... so why rent when you can own in Prescila Heights for as low as Php4,989.77/month.
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There are several Payment Options available for this project - Pag-Ibig Loan, In-House Financing or Spot Cash with prices ranging from Php850,000.00
Php850,000.00 -Row House, 3 bedroom, 2 T&B
PAG-IBIG FINANCING G
Reservation (Full)
P15,000.00
Maximum Loanable Amount
P750,000.00
Equity
P85,000.00
Installment Period (months)
12
Equity Amount
P7,083.33
Interest Rate
7.0%
Note: Equity payment should start 30 days after reservation
AMORTIZATION (Monthly excluding insurances)
30 years
P4,989.77
25 years
P5,300.84
20 years
P5,814.74
15 years
P6,741.21
10 years
P8,708.14
5 years
P14,815.90
Insurances
P577.50
IN-HOUSE FINANCING
Reservation (Full)
P15,000.00
Down payment (30% of TCP)
P255,000.00
Down payment payable within 6 months without interest covered by PDC
Loanable Amount
P580,000.00
Maximum Term of Loan
5 years
Interest Rate
18%
Interest Type
Diminishing
AMORTIZATION (excluding insurances)
5 years
P14,728.19
4 years
P17,037.50
3 years
P20,968.39
2 years
P28,955.98
1 year
P53,174.40
First monthly payment is due 30 days after reservation. Buyer should issue PDCs for the amortization schedule. Buyer will be charged for the MRI 7 Fire insurances.
CASH PURCHASES WITHIN 6 MONTHS
Reservation (Full)
P15,000.00
Balance
P835,000.00
Monthly due
P139,166.67
First monthly payment is due 30 days after reservation. Buyer should issue PDC for the amortization schedule.
SPOT CASH PURCHASES
Reservation (Full)
P15,000.00
Discount
P42,500.00
Balance
P792,500.00
Balance should be paid within one week or the discount will be forfeited
HOUSE DETAILS
Lot size
50 sqm
Lot Dimension (mtrs)
5 X 10
Floor Area
61 sqm
Garage
Yes
Garage Area
10.
Bedrooms
3
Toilet & Bath
2
Balcony
No
Kitchen Cabinet
Yes
CONSTRUCTION DETAILS
Roofing
Shingles
Windows (Main)
Sliding
Windows (Topilet & Bath)
Jalousie
Flooring (Ground)
Tiles
Flooring (Second)
Concrete
Paint (interior)
Yes
Paint (exterior
Yes
MEASUREMENTS
Master's Bedroom
3.10 X 3.80 + (8.00 X 1.10)
Bedroom 2
3.70 X 2.50
Bedroom 3
2.50 X 2.80
Toilet & Bowl (ground)
1.90 X 1.20
Toilet & Bowl (second)
1.90 X 1.0
Ground Floor to 2nd Floor (mtr)
2.70
2nd Floor to Ceiling (mtr)
2.60
Ceiling to Rooftop
1.50
Garage
2.5 X 4
Road Easement
2.00
EXCESS LOTS
Corner Lots (Price per sqm)
P4,500.00
Inner / End Lots (Price per sqm)
P4,000.00
LOT ONLY
Corner Lot (Price/sqm)
P4,200.00
Inner/End Lot (Price/sqm)
P4,000.00
Reservation (Full)
P15,000.00
Down Payment
10% of contract price
Monthly Due (Balance No Interest)
Payable in 36 months maximum
Cash Purchases same as scheme as House & Lot Cash Purchases
Down Payment is due 30 days after reservation
First monthly amortization is due 30 days after down payment
Buyer should issue PDC's for the amortization schedule
ADDITIONAL INFORMATION Excess lots can be added to loanable amount (case to cases basis)