Tuesday, December 29, 2009

DRINA SAMPLE COMPUTATION

House Model: Drina
Location: La Mirande Subd., Cagayan de Oro Philippines
Floor Area: 81 sq. m.
Lot Area: 121 sq. m.
Total Contract Price: 2,511,070
SAMPLE COMPUTATION
Option 1: No Down, No Interest (2 years to pay)
Reservation Fee: 20,000
Balance After Reservation Fee: 2,491,070
Monthly Amortization (x 24 months): 103,795
Option 2: Bank Financing 20% Down
Downpayment: 502,214
Reservation Fee: 20,000
Balance of D/P After Reservation Fee: 482,214
Monthly Amortization (x 12 month(s)): 40,185
Amount For Bank Financing: 2,511,070
Monthly Amortization
5 years: 54,597
10 years: 34,590
15 years: 28,541
20 years: 25,919
Option 3: In-house Financing 20% Down
Downpayment: 502,214
Reservation Fee: 20,000
Balance of D/P After Reservation Fee: 482,214
Monthly Amortization (x 12 month(s)): 40,185
Amount For In-house Financing: 2,511,070
Monthly Amortization
5 years: 65,139
10 years: 46,875
Note: Sample computation only. Price may change without prior notice.

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