Tuesday, December 29, 2009

Carmela Sample Computation

House Model: Carmela
Location: La Mirande Subd., Cagayan de Oro Philippines
Floor Area: 64 sq. m.
Lot Area: 121 sq. m.
Total Contract Price: 2,187,616
SAMPLE COMPUTATION
Option 1: No Down, No Interest (2 years to pay)
Reservation Fee: 20,000
Balance After Reservation Fee: 2,167,616
Monthly Amortization (x 24 months): 90,318
Option 2: Bank Financing 20% Down
Downpayment: 437,523
Reservation Fee: 20,000
Balance of D/P After Reservation Fee: 417,523
Monthly Amortization (x 12 month(s)): 34,794
Amount For Bank Financing: 2,187,616
Monthly Amortization
5 years: 47,565
10 years: 30,135
15 years: 24,865
20 years: 22,581
Option 3: In-house Financing 20% Down
Downpayment: 437,523
Reservation Fee: 20,000
Balance of D/P After Reservation Fee: 417,523
Monthly Amortization (x 12 month(s)): 34,794
Amount For In-house Financing: 2,187,616
Monthly Amortization
5 years: 56,749
10 years: 40,837
Note: Sample computation only. Price may change without prior notice.

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