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Davao Real Estate Blog


Positano Residential Lot Sample Computation

The Positano Subdivision is the latest high-end development in Davao City. It is accessible via the Broadcast Avenue (in Shrine Hills) and the Ma-a Road. It opened last April 30, 2007 selling the mountain-peak residential lots overlooking the Davao City and the Davao Gulf.

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

Sample Home Loan / Financing Computation Effective June 1, 2008

Note: The lot areas in Positano vary in sizes. This is ONLY A SAMPLE computation for a 249 sqm lot in Phase 1 of Positano.

Typical Lot Size = 249 sqm
Total Contract Price = PhP 1,908,212 (for Regular Lot)
Reservation = PhP 25,000

A. SPOT CASH
= PhP 1,768,928 (discount depends on promo)

B. DEFERRED CASH (No Interest, No Downpayment, 30 months to pay)
= PhP 62,774 / mo for 30 months

C. LONG TERM FINANCING (30% Down, 70% Financed)

  • 30% Down payment (PhP 572,463)
    = PhP 45,622 / mo for 12 months
  • 70% Financed Amount (PhP 1,335,748)

    = PhP 15,174 / mo for 10-year term at 10.99% interest per annum

Monthly amortization starts after the full payment of the down payment.

D. STRAIGHT MONTHLY SELLER FINANCING
No Down payment, only reservation is required.

  • 10 years at 15% pa = 30,383
  • 8 years at 14% pa = 32,714
  • 5 years at 10% pa = 40,013
  • 3 years at 6% pa = 57,291

Did you ever wonder how the monthly amortization is determined? It follows a certain equation that depends on the three important parameters: loan amount, interest rate and loan term. A new Online Loan Calculator is provided with this website so you can test other variations on your payment allowing you some flexibility.

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. No broker or agent is allowed to accept payment or issue an Official Receipt.
5. All cheque payments must be paid to the account of the Developer.
6. Davao Real Estate Guide reserves the right to correct clerical errors appearing in this sample computation.

24 Comments »

  1. Pls. send me the plans,types of houses that will be build, or mean not yet constructed, i want to see the house type. ok thanks inclose my email ad

    Comment by Eusebia Tagalog — May 13, 2007 @ 3:19 am

  2. Hi Eusebia,

    At the moment, the company is selling lot-only properties. No house and lot package yet. If you want, you can build your own or wait until the company releases model houses in the future.

    Comment by Davao Real Estate Guide — May 14, 2007 @ 12:42 am

  3. Pls send me a sketch of the subdivided lots esp. 180 sq. m. as to figure the layout of the lot in relation to the road.
    Can i build a duplex type on this lot (180sq.m.)

    Amim

    Comment by Engr. Amimbsar Sabdula — August 18, 2007 @ 1:44 am

  4. Hi Engr Sabdula,

    Have you already bought a lot-only property here? If so, your agent should have furnished you with the map.

    Also, there are some restrictions to observe as regards the house design. You have to present your design to the Planning Department for approval.

    Comment by Carlos — August 18, 2007 @ 8:25 am

  5. Hi, is the price published above mountain-peak lots? do you sell side-by-side lots if buyer prefers a bigger lot? thanks for the info.

    Comment by Margie — October 16, 2007 @ 1:09 pm

  6. hi!
    i would like you to send me map of available lots,corner lots as possible.
    pls. indicate amount or mode of payments.
    thanks!

    Comment by LANI — January 13, 2008 @ 8:48 am

  7. Hi Lani,

    Please be informed that at this moment, there are no more corner lots left on Phase 2 and Phase 3 of the Positano Subdivision, where the lot-only properties are being sold.

    Comment by Carlos — February 2, 2008 @ 6:42 am

  8. Hi.

    Is the rate published above still the same up to today? Thanks.

    Comment by Cleofe — March 13, 2008 @ 2:15 am

  9. Positano up hill lot…

    are there still available lots in the upper portion which has the view of davao city and samal island?

    thanks

    Comment by Kristine — June 27, 2008 @ 4:54 am

  10. please post some dimensions of the subdivision’s area and also the houses too…

    Comment by Rowell — August 20, 2008 @ 8:56 am

  11. Hi! are the amenities fully develope by december this year and is there available lots with view? is it possible to arrage a guided tour in the area this coming december? we would like to know who to contact with. thanks!!!

    Comment by SJ and Vivian — August 20, 2008 @ 12:01 pm

  12. Hi! are the amenities fully develope by december this year and is there available lots with view? is it possible to arrage a guided tour in the area this coming december? we would like to know who to contact with. thanks!!!

    Comment by SJ and Vivian — August 20, 2008 @ 12:01 pm

  13. hi i would like to purchase a land if you have available in an overlooking land in your area can you send me a computation of 300sqm please.

    thanks,

    Comment by virginia kelly — October 11, 2008 @ 5:39 am

  14. hi,
    just like to konw if there is already the house and lot package

    Comment by heide — October 24, 2008 @ 7:29 am

  15. hi!! are there still available lots which has the view of the water and of davao city? how much is the price pr sqm.?
    Thank you.

    Comment by ann — November 13, 2008 @ 8:32 am

  16. how about if only 100sqm, how much it would be?

    Comment by hi — June 17, 2009 @ 6:54 am

  17. Please could you send me more info on the house & lot package and the avalable lots.. thanks..

    Comment by cookie — July 23, 2009 @ 5:08 am

  18. Hi,
    Is this subdivision still open?

    Comment by Theresa — January 24, 2010 @ 5:11 am

  19. do u have ready for occupancy units?

    Comment by consuelo san juan — March 10, 2010 @ 11:24 pm

  20. hi good morning can you send me more sample pix of your housing …thanx

    Comment by jo — June 25, 2010 @ 11:47 pm

  21. I am interested to avail this house and lot

    Comment by ador renoblas — October 3, 2010 @ 8:02 am

  22. Im interested email me about the current price and lot availability

    Comment by Christian jaffet dy — December 18, 2011 @ 9:30 pm

  23. Hi there are still lots available? I’m planning to buy a lot but I want to design my own house.

    Comment by JIMSON — March 1, 2012 @ 9:13 am

  24. Hi, are there still lots available 300+sq overlooking davao? Can you please give me a quotation?
    Thank you. God bless…

    Comment by Cherry — May 2, 2013 @ 6:03 am

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