UNIVERSITY TOWER MALATE
INTRODUCES
A Rent-To-Own Scheme!
EFFECTIVE JULY, 2011
Choose & Reserve your units now!
OWN A FIRST CLASS CONDOMINIUM UNIT WITH FIRST CLASS AMENITIES JUST LIKE LIVING IN A FIVE-STAR HOTEL.
IT HAS A LOCATION VERY CLOSE TO ALL YOUR BASIC NEEDS: SHOPPING MALL, HOTELS, BARS AND RESTAURANTS, SCHOOLS / UNIVERSITIES, HOSPITALS, LRT STATION & BAYWALK.
“Own a unit cheaper than rental with five-star hotel amenities!”
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Sample Computation For The New Special Scheme |
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AREA |
18 sq.m. |
23 sq.m. |
45.5 sq.m. |
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Contract Price |
1,738,451.77 |
2,221,355.04 |
4,597,239.12 |
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Reservation Fee |
25,000.00 |
25,000.00 |
25,000.00 |
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5% payable in 30 days after reservation |
86,922.59 |
111,067.75 |
229,861.96 |
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15% payable in 24 months |
260,767.77 |
333,203.26 |
689,585.87 |
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Monthly amortization for 24 months |
10,865.32 |
13,883.47 |
28,732.74 |
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Balance of 80% less reservation is payable thru Bank Financing/In-House |
1,365,761.41 |
2,085,287.29 |
4,342,377.16 |
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Balance thru Bank Financing |
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Factor rate 25 years |
0.00856382 |
11,696.13 |
17,858.02 |
37,187.34 |
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In-house Financing 5yrs/10yrs (12% and 13.5%) |
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0.0222445 0.0152274 |
30,380.68 20,797.00 |
46,386.17 31,753.50 |
96,594.01 66,123.11
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