Davao Real Estate Blog

At Toscana, you have an option of buying a lot-only property. Lot areas vary in size ranging from 110 sqm to 300 sqm. Here is a sample computation for a 110 sqm lot for your reference.

Get in touch with Carlos for appointment and inquiries about the Toscana Subdivision.

(Price last updated on July 3, 2007)

Lot Area = 110 sqm
Total Contract Price = PhP 513,975
Reservation Fee = PhP 10,000 (forms part of the downpayment)

A. SPOT CASH
= PhP 445,235 (with 12% discount)

B. DEFERRED CASH (No Interest, No Downpayment, 2 years to pay)

= PhP 20,999 / mo for 24 months

C. LONG TERM FINANCING
a) 20% Downpayment (PhP 102,795)

= PhP 7,733 / mo for 12 months

b) 80% Estimated Loanable Amount (PhP 411,180)

= PhP 5,662 / mo for 10-year term at 10.99% p.a. interest rate (Bank Financing; In-House Financing rate may be different)
Note:
1. Price may change without prior notice.
2. Price is already set by the developer and subject to final verification. Brokers cannot change the price.
3. Reservation Fee forms part of the down payment.
4. Loanable Amount is subject to Credit Committee or Bank’s approval.
5. No broker or agent is allowed to accept payment or issue an Official Receipt.
6. All cheque payments must be paid to the account of the Developer.
7. This is only a sample computation for a regular lot. Price may be affected by the lot area and other factors.
8. Davao-Real-Estate.com reserves the right to correct clerical errors appearing in this sample computation.