MANTAWI RESIDENCES, Pre-Selling Condominium in Mandaue ,  Cebu City

UNIT PRICE: P25,064,986.00 (Tower 1 - UNIT 20A)

5% LAUNCH DISCOUNT: P1,253,249.30

CLOSING FEE: P1,428,704.20

TOTAL CONTRACT PRICE: P23,811,736.70

RESERVATION FEE: P80,000.00

20% STEP-UP PAYMENT:

4% EQUITY in the 1st - 24th month with 0% interest: P36,352.89/MONTH

5% EQUITY in the 25th - 48th month with 0% interest: P49,607.78/MONTH

6% EQUITY in the 49th - 66th month with 0% interest: P79,372.46/MONTH

5% EQUITY in the 67th - 78th month with 0% interest: P99,215.57/MONTH

80% BALANCE THRU SPOT CASH OR BANK FINANCING (19,049,389.36)

15 yrs - P160,749.57/month

10 yrs - P211,487.28/month

5 yrs - P368,278.06/month

UNIT PRICE: P37,833,639.00 (Tower 1 - UNIT 38C)

5% LAUNCH DISCOUNT: P1,891,681.95

CLOSING FEE: P2,156,517.42

TOTAL CONTRACT PRICE: P35,941,957.05 

RESERVATION FEE: P80,000.00

20% STEP-UP PAYMENT:

4% EQUITY in the 1st - 24th month with 0% interest: P56,569.93/MONTH

5% EQUITY in the 25th - 48th month with 0% interest: P74,879.08/MONTH

6% EQUITY in the 49th - 66th month with 0% interest: P119,806.52/MONTH 

5% EQUITY in the 67th - 78th month with 0% interest: P149,758.15/MONTH

80% BALANCE THRU SPOT CASH OR BANK FINANCING (2P8,753,565.64)

15 yrs - P242,638.93/month

10 yrs - P319,223.53/month

5 yrs - P555,886.98/month

PAYMENT TERMS:

Cash Term – 99% in 1 month; 1% retention on the 79th month with 15% Discount of Gross TCP;

100 Spread – 100% in 79 months with 12% Discount of Gross TCP;

Spot 20% DP – 20% of the TCP in 1 month; another 20% in 77 months; and 60% balance on the 79th month with 7% Discount of Gross TC

Spot 10% DP – 10% of the TCP in 1 month; another 20% in 77 months; and 70% balance on the 79th month with 5.5% Discount of Gross TCP;