Tuesday, December 29, 2009

ASPEN SAMPLE COMPUTATION

House Model: Aspen
Location: La Mirande Subd., Cagayan De Oro Philippines
Floor Area: 200 sq. m.
Lot Area: 250 sq. m.
Total Contract Price: 7,274,046
SAMPLE COMPUTATION
Option 1: No Down, No Interest (2 years to pay)
Reservation Fee: 40,000
Balance After Reservation Fee: 7,234,046
Monthly Amortization (x 24 months): 301,419
Option 2: Bank Financing 20% Down
Downpayment: 1,454,809
Reservation Fee: 40,000
Balance of D/P After Reservation Fee: 1,414,809
Monthly Amortization (x 12 month(s)): 117,901
Amount For Bank Financing: 7,274,046
Monthly Amortization
5 years: 158,156
10 years: 100,200
15 years: 82,677
20 years: 75,082
Option 3: In-house Financing 20% Down
Downpayment: 1,454,809
Reservation Fee: 40,000
Balance of D/P After Reservation Fee: 1,414,809
Monthly Amortization (x 12 month(s)): 117,901
Amount For In-house Financing: 7,274,046
Monthly Amortization
5 years: 188,694
10 years: 135,787
Note: Sample computation only. Price may change without prior notice.

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