House Feature

 

Typical lot area: 110 sqm

Floor area: 65 sqm

3 bedrooms

2 toilet and bath

Tiled flooring finish

 

BANK FINANCING

 

Selling Price Php 2,522,000.00

Processing fee 201,760.00

Total Contract Price 2,723,760.00

 

Downpayment Php 504,400.00

Reservation 30,000.00

Net Required Downpayment 474,400.00

Monthly Downpayment 18 Months 26,356.00

 

LOANABLE AMOUNT 2,017,600.00

BANK Monthly Amortization

5 yrs. 44,372.28

10 yrs. 28,366.54

15 yrs. 23,569.40

20 yrs. 21,516.28

25 yrs. 20,508.28

 

 

 

IN-HOUSE FINANCING   

SAMPLE COMPUTATION   

Date Jan-03   

House Model CHARLOTTE   

Unit ID BF1-1608   

Lot Area 118   

Selling Price 2,620,000   

LMF 117,900   

Total Package Price 2,737,900   

(selling + LMF)   

  

20% Down Payment = 524,000   

Total Down Payment 641,900   

(20% DP +LMF)   

Reservation 30,000   

Net Down Payment 611,900   

(DP - Reservation)   

Payable in (mos): 15   

40,793.33 per month   

Loan Amount 2,096,000.00   

Monthly Amortization for Loan   

10 yrs @ 21% int 42,852.07 per month   

5 yrs @ 18% int 54,171.02 per month