Pag-ibig Financing:

1. Reservation Fee: ₱20,000

   • This fee is paid upfront to reserve the property.

2. Total Contract Price: ₱3,228,145.00

   • The total cost of the property, including all applicable taxes and fees.

3. Monthly Downpayment for 36 months: ₱35,555.00

   • The downpayment amount paid monthly for 36 months before the property is fully paid off.

4. Monthly Amortization via Pagibig for 30 years: ₱11,565.00

   • The monthly payment to Pagibig for 30 years to pay off the remaining balance after the downpayment.

5. Required Income: ₱38,550.00

   • The minimum monthly income needed to afford the monthly payments based on the debt-to-income ratio.

Bank Financing:

1. Monthly DP for 24 months: ₱15,426.00

   • The downpayment amount paid monthly for 24 months before the property is fully paid off.

2. Monthly Amortization for 20 years: ₱18,599.00

   • The monthly payment to the bank for 20 years to pay off the remaining balance after the downpayment.

3. Required Income: ₱62,000.00

   • The minimum monthly income needed to afford the monthly payments based on the debt-to-income ratio.