Allied Businesses

COOP CARE
Monthly Premium P100 (KASAPI) P60 (Plus Health), P200 (I-GROUP)
Characteristics
  • All members in Good Standing can avail the product.
  • Members can avail the benefits after full annual payment of Php 720.00
Benefits
  • P600 per day Hospital Income Benefit for primary members and one (1) declared dependent; maximum of ten (10) days in a year.
  • Free 3 laboratories (CBC, Urinalysis & Fecalysis) and 3 Consultations in a year (Primary and Dependents)
  • 20% discount in all laboratories at Coop Lab, Iligan City

COOP ACADEMY
Characteristics
  • Pre-School (Tibanga Tel. No 221-4036)
  • Grade School
  • High School (Hinaplanon Campus Tel. No. 223-7310)

COOP ASSURANCE
Life Insurance
  • Shares & Savings Protector
  • Group Accident Death, Disablement & Dismemberment Indemnity and Funeral Service Assistance (GADDDI-FUSA)
  • Loans Protection Plan
  • Micro-Biz Personal Protector
  • Personal Protection Plan
  • Coop Family Plan (CFP)
Non-Life Insurance
  • Home Assurance
  • Business Protect
  • Standard Fire Insurance
  • Motor/Car Insurance
  • Coop Aksi
  • Student Group Accidental Insurance Plan (SGAIP)

Housing Cooperative

MSU-IIT COOP Housing

For inquiries please contact: 221-7892 / 09274826468 (Jomarthy Lerasan)

Facebook: Msu-iit Nmpc HousingCoop
Facebook Page: Msu-iit NMPC Housing Cooperative
Email: msuiithousingcoop@yahoo.com

Housing Cooperative Information
House Model
  • Dolly (Single Detached)
  • Dolly (2-storey, Single Detached)
  • Judy (Row House)
Features
  • COLLECTIVE OWNERSHIP
    -The housing property is collectively-owned by all of its members (R.A. 9520, Article 60).
  • DECENT AND AFFORDABLE HOUSING UNITS
    -Housing Cooperative is 20% less than the regular housing.
    -Upon moving to the housing, every unit has complete floor tiles, ceiling, electrical fixtures and inside paintings with two bedrooms, dining and kitchen, and 1 toilet and bath.
    -Secured community with 24/7 hour security.
    -It offers the best facility in the area such as parking areas, park and playground.
  • DESIGNED AS FLOOD FREE COMMUNITY
    -The area is elevated up to 1 meter from the existing concrete road.
    -The housing cooperative is surrounded by a retaining wall, designed to restrain soil to unnatural slopes.
    -The housing cooperative will provide adequate early warning of disasters in order provide decent housing to all the members. Alarm systems will be built for disaster preparedness and awareness.
  • UPGRADABLE FROM DUPLEX, SINGLE DETACHED to 2-STOREY HOUSE
Site Brgy. San Roque, Lambaguhon, Iligan City
Brgy. San Roque, Lambaguhon, Iligan City)
Amenities
  • Front gates with guard house
  • Park and playground
  • Concrete access road
  • Cemented sidewalks with street lights
  • Retaining walls
  • Perimeter fence
  • Parking Areas
  • Material Recovery Facility
  • Electrical power supply
  • Water distribution system
  • Provision for telephone lines
  • Commercial Complex
House Specifications
  • Painted ceiling, walls, and partitions
  • French windows with glass
  • Reinforced solid concrete walls
  • Ceramic floor tiles (living, dining, and bedrooms)
  • Tiled bathroom with fixtures
  • Electrical fixtures
  • Pre-painted metal roof sheets
  • Kitchen with sink

Dolly 1 (Single Detached)

Dolly 1 (Single Detached)
House Model: Dolly 1 (Single Detached)
Average Lot Area 114.07 sq. m.
Floor Area 31.5 sq. m.
Package Price 1,313,000.00
Loanable Amount 1,181,700.00
Equity or 10% Advance Contribution 131,300.00
Legal miscellaneous fee 3,000.00

MONTHLY CONTRIBUTION

Terms of payment Monthly contribution
(plus 8% interest per annum)
Mutual Redemption Insurance Fire Insurance (comprehensive) Estate Management Fee Total Monthly Payments
30 years to pay 8,670.90 893.12 140.10 200.00 9,904.12
25 years to pay 9,120.55 892.97 140.10 200.00 10,353.62
20 years to pay 9,884.21 892.73 140.10 200.00 11,117.04
15 years to pay 11,292.94 892.29 140.10 200.00 12,525.33
10 years to pay 14,337.28 891.33 140.10 200.00 15,568.71
5 years to pay 23,960.62 888.30 140.10 200.00 25,189.02

Dolly 2 (Single Detached)

Dolly 2 (Single Detached)
House Model: Dolly 2 (Single Detached)
Average Lot Area 112.2 sq. m.
Floor Area 31.5 sq. m.
Package Price 1,307,000.00
Loanable Amount 1,176,300.00
Equity or 10% Advance Contribution 131,300.00
Legal miscellaneous fee 3,000.00

MONTHLY CONTRIBUTION

Terms of payment Monthly contribution
(plus 8% interest per annum)
Mutual Redemption Insurance Fire Insurance (comprehensive) Estate Management Fee Total Monthly Payments
30 years to pay 7,970.88 889.03 140.10 200.00 9,200.01
25 years to pay 9,078.87 888.89 140.10 200.00 10,307.86
20 years to pay 9,839.04 888.65 140.10 200.00 11,067.79
15 years to pay 11,241.34 888.21 140.10 200.00 12,469.65
10 years to pay 14,271.76 887.26 140.10 200.00 15,499.12
5 years to pay 23,851.12 884.24 140.10 200.00 25,075.46

Dolly 3 (Single Detached)

Dolly 3 (Single Detached)
House Model: Dolly 3 (Single Detached)
Average Lot Area 107.14 sq. m.
Floor Area 31.5 sq. m.
Package Price 1,289,000.00
Loanable Amount 1,160,100.00
Equity or 10% Advance Contribution 128,900.00
Legal miscellaneous fee 3,000.00

MONTHLY CONTRIBUTION

Terms of payment Monthly contribution
(plus 8% interest per annum)
Mutual Redemption Insurance Fire Insurance (comprehensive) Estate Management Fee Total Monthly Payments
30 years to pay 8,512.40 876.79 140.10 200.00 9,729.29
25 years to pay 8,953.84 876.65 140.10 200.00 10,170.59
20 years to pay 9,703.54 876.42 140.10 200.00 10,920.06
15 years to pay 11,086.52 875.98 140.10 200.00 12,302.60
10 years to pay 14,075.21 875.04 140.10 200.00 15,290.35
5 years to pay 23,522.65 872.06 140.10 200.00 24,734.81

Dolly 4 (2-Storey Single Detached)

Dolly 4 ((2-Storey Single Detached))
House Model: Dolly 4 (2-Storey Single Detached)
Average Lot Area 114.07 sq. m.
Floor Area 63 sq. m.
Package Price 2,258,000.00
Loanable Amount 2,032,200.00
Equity or 10% Advance Contribution 225,800.00
Legal miscellaneous fee 3,000.00

MONTHLY CONTRIBUTION

Terms of payment Monthly contribution
(plus 8% interest per annum)
Mutual Redemption Insurance Fire Insurance (comprehensive) Estate Management Fee Total Monthly Payments
30 years to pay 14,911.56 1,535.91 426.47 200.00 17,073.94
25 years to pay 15,864.85 1,535.67 426.47 200.00 17,846.99
20 years to pay 16,998.14 1,535.26 426.47 200.00 19,159.87
15 years to pay 19,420.76 1,534.49 426.47 200.00 21,581.72
10 years to pay 24,656.19 1,532.84 426.47 200.00 26,815.50
5 years to pay 41,205.69 1,527.63 426.47 200.00 43,359.79

Dolly 5 (2-Storey Single Detached)

Dolly 5 ((2-Storey Single Detached))
House Model: Dolly 5 (2-Storey Single Detached)
Average Lot Area 112.2 sq. m.
Floor Area 63 sq. m.
Package Price 2,252,000.00
Loanable Amount 2,026,800.00
Equity or 10% Advance Contribution 225,200.00
Legal miscellaneous fee 3,000.00

MONTHLY CONTRIBUTION

Terms of payment Monthly contribution
(plus 8% interest per annum)
Mutual Redemption Insurance Fire Insurance (comprehensive) Estate Management Fee Total Monthly Payments
30 years to pay 14,871.94 1,531.83 426.47 200.00 17,030.24
25 years to pay 15,643.17 1,531.59 426.47 200.00 17,801.23
20 years to pay 16,952.97 1,531.18 426.47 200.00 19,110.62
15 years to pay 19,369.16 1,530.42 426.47 200.00 21,526.05
10 years to pay 24,590.68 1,528.77 426.47 200.00 26,745.92
5 years to pay 41,096.20 1,523.57 426.47 200.00 43,246.24

Dolly 6 (2-Storey Single Detached)

Dolly 6 ((2-Storey Single Detached))
House Model: Dolly 6 (2-Storey Single Detached)
Average Lot Area 107.14 sq. m.
Floor Area 63 sq. m.
Package Price 2,234,000.00
Loanable Amount 2,010,400.00
Equity or 10% Advance Contribution 223,400.00
Legal miscellaneous fee 3,000.00

MONTHLY CONTRIBUTION

Terms of payment Monthly contribution
(plus 8% interest per annum)
Mutual Redemption Insurance Fire Insurance (comprehensive) Estate Management Fee Total Monthly Payments
30 years to pay 14,753.07 1,519.59 426.47 200.00 16,899.13
25 years to pay 15,518.14 1,519.35 426.47 200.00 17,663.96
20 years to pay 16,817.46 1,518.94 426.47 200.00 18,962.87
15 years to pay 19,214.34 1,518.18 426.47 200.00 21,358.99
10 years to pay 24,394.13 1,516.55 426.47 200.00 26,537.15
5 years to pay 40,767.72 1,511.40 426.47 200.00 42,905.59

Judy (Row House)

Judy (Row House)
House Model: Judy Row House
Average Lot Area 50 sq. m.
Floor Area 31.5 sq. m.
Package Price 1,000,000.00
Loanable Amount 900,000.00
Equity or 10% Advance Contribution 100,000.00
Legal miscellaneous fee 3,000.00

MONTHLY CONTRIBUTION

Terms of payment Monthly contribution
(plus 8% interest per annum)
Mutual Redemption Insurance Fire Insurance (comprehensive) Estate Management Fee Total Monthly Payments
30 years to pay 6,603.88 680.21 120.34 200.00 7,604.43
25 years to pay 6,946.35 680.1 120.34 200.00 7,946.79
20 years to pay 7,527.96 679.92 120.34 200.00 8,528.22
15 years to pay 8,600.87 679.58 120.34 200.00 9,600.79
10 years to pay 10,919.00 678.85 120.34 200.00 11,918.67
5 years to pay 18,248.75 676.54 120.34 200.00 19,245.63

Note: Interest rate is subject to changes based on bank rates.

For inquiries please contact: 221-7892 / 09274826468 (Justine Bentoy)
Facebook: Msu-iit Nmpc HousingCoop
Facebook Page: Msu-iit NMPC Housing Cooperative
Email: msuiithousingcoop@yahoo.com

Qualifications:

1. MSU-IIT NMPC Member for at least two (2) years
2. Member In Good Standing (MIGS)

Preliminary Requirements:

1. 1pc. 2x2 picture
2. TIN
3. Residence Certificate
4. Marriage Contract
5. Pay Slip/Any proof of income
6. Photocopy of any government/valid ID