MICHELANGELO MODEL | PORTOFINO SOUTH - MASTERS COLLECTION - LUXURY HOUSE FOR SALE ALABANG NEAR MAKATI

PORTOFINO ALABANG.
A place where only the most deserving get to live the grandest. 
A place where the only measure of one s hard-earned stature in life is the way he wants to live his life. 
And it is everything we imagined it to be: magnificent, outstanding and unmistakably Italian. 

THE HEIGHT OF LIVING WELL IN MICHELANGELO MODEL Brittany - Portofino South. The largest of the Master's Collecion, MICHELANGELO MODEL in Brittany - Portofino South (Alabang) is the very definition of luxury living. With seven bedrooms and two spacious living rooms, MICHELANGELO MODEL in Brittany - Portofino South (Alabang), like the renowned artisit, is also the grandest in style and features. Known for its opulent and decadent artisity, MICHELANGELO MODEL in Brittany - Portofino South 

*** OPTION 1: SPOT CASH ***
Total Contract Price: 77,637,663.00 (Net of Buyer's Promo)
Less: Reservation Fee: 150,000.00
Less: Spot Cash Discount (10.00 %): 6,564,462.97
Net Total Contract Price: 70,923,200.03

*** OPTION 2: DEFERRED 24 MONTHS INSTALLMENT @ 0% ***
Total Contract Price: 77,637,663.00 (Net of Buyer's Promo)
Less: Reservation Fee: 150,000.00
Net Contract Price: 77,487,663.00
Monthly Installment (24 mos.): 3,228,652.63 /month

*** OPTION 3: 15.00 % DOWNPAYMENT / 85.00 % LOANABLE AMOUNT ***
Total Contract Price: 77,637,663.00 (Net of Buyer's Promo)
Required Downpayment (15.00 %): 11,645,649.45
Less: Reservation Fee: 150,000.00
Monthly DP in 12 months: 957,971.00 /month
Loanable Amount (85.00 %): 65,992,013.55

85.00 % LOANABLE THRU BANK FINANCING:
Monthly Amortization for 5 years: 1,402,135.00 /month
Monthly Amortization for 10 years: 872,089.00 /month
Monthly Amortization for 15 years: 709,154.00 /month
Monthly Amortization for 20 years: 636,837.00 /month

BANK GROSS MONTHLY SALARY REQUIREMENT:
For 5 years Amortization: 4,006,100.75 /month
For 10 years Amortization: 2,491,683.78 /month
For 15 years Amortization: 2,026,153.02 /month
For 20 years Amortization: 1,819,534.91 /month
Estimated Bank Charges: 1,979,760.41