SINGLE DETACHED HOUSE AND LOT           

 

 

House Feature:

 

Typical lot area: 140 sqm

Floor area: 110 sqm

5 bedrooms

3 toilet and bath

Tiled flooring finish

 

 

 

SAMPLE COMPUTATION   

Date Jan-03   

House Model VIVIENNE   

Unit ID BF1-0604   

Lot Area 140   

Selling Price 4,428,000   

LMF 199,260   

Total Package Price 4,627,260   

(selling + LMF)   

  

20% Down Payment = 885,600   

Total Down Payment 1,084,860   

(20% DP +LMF)   

Reservation 40,000   

Net Down Payment 1,044,860   

(DP - Reservation)   

Payable in (mos): 15   

69,657.33 per month   

Loan Amount 3,542,400.00   

Monthly Amortization for Loan   

10 yrs @ 21% int 72,436.90 per month   

5 yrs @ 18% int 91,566.78 per month

 

 

 

BANK FINANCING 

 

Selling Price 4,456,000.00 

Processing Fee 356, 480.00 

Total Contract Price 4,812, 480.00 

Reservation 40,000.00 

Net Downpayment 851,200.00 

Downpayment payable in 18 Months 47,288.89 

 

LOANABLE AMOUNT 3, 921,280.00 

BANK Monthly Amortization 

5 yrs 86,239.17 

10 yrs 55,131.41 

15 yrs 43,345.79