Tuesday, December 29, 2009

SAMPLE COMPUTATION

House Model: Ruby (Althea)
Location: La Mirande Subd., Cagayan de Oro Philippines
Floor Area: 171 sq. m.
Lot Area: 200 sq. m.
Total Contract Price: 4,338,774
SAMPLE COMPUTATION
Option 1: No Down, No Interest (2 years to pay)
Reservation Fee: 40,000
Balance After Reservation Fee: 4,298,774
Monthly Amortization (x 24 months): 179,116
Option 2: Bank Financing 20% Down
Downpayment: 867,755
Reservation Fee: 40,000
Balance of D/P After Reservation Fee: 827,755
Monthly Amortization (x 12 month(s)): 68,980
Amount For Bank Financing: 4,338,774
Monthly Amortization
5 years: 94,336
10 years: 59,767
15 years: 49,315
20 years: 44,785
Option 3: In-house Financing 20% Down
Downpayment: 867,755
Reservation Fee: 40,000
Balance of D/P After Reservation Fee: 827,755
Monthly Amortization (x 12 month(s)): 68,980
Amount For In-house Financing: 4,338,774
Monthly Amortization
5 years: 112,551
10 years: 80,993
Note: Sample computation only. Price may change without prior notice.

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