1 Bed Unit 03K – Sonata Residences Ortigas with RENT TO OWN Terms

Always ask for the updated price and terms or check the posts/page regarding price increase.

*The price and terms may change without prior notice in this blog, so please ask the updated terms.

Validity Date 1 Bedroom with Balcony
05-Sep-16 STANDARD PAYMENT TERMS
Option 1 Option 2 Option 3 Option 4 Option 5
Payment Term Spot Cash Payment Deferred Cash Payment over 13 months 15% Down over 12 months; 85% Financing 10% Down over 12 months; 90% Financing Rent To Own Terms
Gross Price         5,933,718.00         5,933,718.00           5,933,718.00        5,933,718.00       5,933,718.00
Less Discount 3%
Discount Amount            178,011.54             75,000.00                       –                             –
Downpayment 15% 10% 40%
Net Gross Price         5,755,706.46         5,858,718.00           5,933,718.00        5,933,718.00       5,933,718.00
Plus Parking                        –                        –                         –                       –                             –
Net Gross Price 2         5,755,706.46         5,858,718.00           5,933,718.00        5,933,718.00       5,933,718.00
Plus Taxes and Fees            345,342.39            351,523.08             356,023.08           356,023.08          356,023.08
Total Contract Price       6,101,048.85       6,210,241.08         6,289,741.08      6,289,741.08       6,289,741.08
Month  Payment Schedule
21-Aug-2016 0             50,000.00             50,000.00               50,000.00             50,000.00             39,558.12
21-Sep-2016 1         6,051,048.85            473,864.70               70,004.81             45,280.98             39,558.12
21-Oct-2016 2                       –            473,864.70               70,004.81             45,280.98             39,558.12
21-Nov-2016 3                       –            473,864.70               70,004.81             45,280.98             39,558.12
21-Dec-2016 4                       –            473,864.70               70,004.81             45,280.98             39,558.12
21-Jan-2017 5                       –            473,864.70               70,004.81             45,280.98             39,558.12
21-Feb-2017 6                       –            473,864.70               70,004.81             45,280.98             39,558.12
21-Mar-2017 7                       –            473,864.70               70,004.81             45,280.98             39,558.12
21-Apr-2017 8                       –            473,864.70               70,004.81             45,280.98             39,558.12
21-May-2017 9                       –            473,864.70               70,004.81             45,280.98             39,558.12
21-Jun-2017 10                       –            473,864.70               70,004.81             45,280.98             39,558.12
21-Jul-2017 11                       –            473,864.70               70,004.81             45,280.98             39,558.12
21-Aug-2017 12                       –            473,864.70               70,004.81             45,280.98             39,558.12
21-Sep-2017 13                       –            473,864.70             356,023.08           356,023.08             39,558.12
21-Oct-2017 14           5,043,660.30        5,340,346.20             39,558.12
21-Nov-2017 15             39,558.12
21-Dec-2017 16             39,558.12
21-Jan-2018 17             39,558.12
21-Feb-2018 18             39,558.12
21-Mar-2018 19             39,558.12
21-Apr-2018 20             39,558.12
21-May-2018 21             39,558.12
21-Jun-2018 22             39,558.12
21-Jul-2018 23             39,558.12
21-Aug-2018 24             39,558.12
21-Sep-2018 25             39,558.12
21-Oct-2018 26             39,558.12
21-Nov-2018 27             39,558.12
21-Dec-2018 28             39,558.12
21-Jan-2019 29             39,558.12
21-Feb-2019 30             39,558.12
21-Mar-2019 31             39,558.12
21-Apr-2019 32             39,558.12
21-May-2019 33             39,558.12
21-Jun-2019 34             39,558.12
21-Jul-2019 35             39,558.12
21-Aug-2019 36             39,558.12
21-Sep-2019 37             39,558.12
21-Oct-2019 38             39,558.12
21-Nov-2019 39             39,558.12
21-Dec-2019 40             39,558.12
21-Jan-2020 41             39,558.12
21-Feb-2020 42             39,558.12
21-Mar-2020 43             39,558.12
21-Apr-2020 44             39,558.12
21-May-2020 45             39,558.12
21-Jun-2020 46             39,558.12
21-Jul-2020 47             39,558.12
21-Aug-2020 48             39,558.12
21-Sep-2020 49             39,558.12
21-Oct-2020 50             39,558.12
21-Nov-2020 51             39,558.12
21-Dec-2020 52             39,558.12
21-Jan-2021 53             39,558.12
21-Feb-2021 54             39,558.12
21-Mar-2021 55             39,558.12
21-Apr-2021 56             39,558.12
21-May-2021 57             39,558.12
21-Jun-2021 58             39,558.12
21-Jul-2021 59             39,558.12
21-Aug-2021 60             39,558.12
21-Aug-2021 60  Transfer Taxes and Fees          356,023.08
21-Sep-2021 61 Turnover Balance      3,560,230.80
Total Contract Price       6,101,048.85       6,210,241.08         6,289,741.08      6,289,741.08       6,329,299.20
                      –                       –                        –                      –
Balance for Bank           5,043,660.30        5,340,346.20         3,560,230.80
Financing thru BPI, PSBank and Robinsons Bank
5.25% 15 years to pay PHP 40,544.86 PHP 42,929.85 PHP 28,619.90
5.25% 10 years to pay PHP 54,114.29 PHP 57,297.48 PHP 38,198.32
5.25% 5 years to pay PHP 95,758.85 PHP 101,391.73 PHP 67,594.48
 Transfer Taxes and Fees          356,023.08
represent the advance real estate property and transfer tax, water and electric meter deposit, legal and notarial expenses,
3 months advance association dues to be paid by the buyer payable on the 60th month that can be also included in the financing.

 

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