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2 Storey House and Lot for Sale in NorthCrest Subdivision Davao

16,000,000

This 2 STOREY HOUSE AND LOT  is FOR SALE located at Northcrest Subdivision, Cabantian, Buhangin District, Davao City.

HOUSE DETAILS:
Lot Area: 250 sq.m
Floor Area: 231.71 sq.m
5 Bedrooms
5 Toilet and Bath

Lower Ground Floor:

  • 2 – Car Carage
  • Storage Room
  • Terrace

Upper Ground

  • Kitchen
  • Dining Area
  • Powder Room
  • Laundry Area
  • Receiving Area
  • Bedroom with Closet, Toilet and Bath
  • Maids Quarter, Common Toilet and Bath

Second Floor

  • Balcony
  • Linen Room
  • Family Area
  • Master’s Bedroom with Walk in Closet, Toilet and Bath
  • 2 Bedroom with Closet, Toilet and Bath

MODE OF PAYMENT:

A. SPOTCASH ( 5% discount if within 7 days)
Net Contract Price: P 15,200,000

B. BANK FINANCING

Sample Computation:

Contract Price : P 16,000,000

Reservation Fee: P 50,000 to hold the unit (deductible in down-payment)

– (30%) Minimum Downpayment : P 4,800,000

Less: Reservation Fee – P 50,000

  • Net Downpayment: P 4,750,000
  • Payable in 6 months: P 791,666.67 / month

– 70% Balance Through Bank Financing: P 11,200,000
(@ 7% interest rate 5 years fixing rate)

Estimated Monthly Amortization in:

  • 10 years – P 130,041.50 per month
  • 15 years – P 100,668.77 per month

Property Details

  • Year Built: 2017
  • Rooms: 5
  • Baths: 5
  • garages: 2
  • Lot Area: 250
  • Contract: sale

Amenities

  • Basketball Court
  • Flood Free Area
  • Gated Community
  • Gym
  • Lawn
  • Parking
  • Parks and Playgrounds
  • Swimming Pool