PAYMENT OPTION 1
SAMPLE COMPUTATION - BANK FINANCING
( INNER UNIT - Ready for Occupancy in 19-20 Months )
Lot Area.........80 sqm.
Floor Area.....110 sqm.
( LOCATION: Summit @ Phase 2 - Facing East/Morning Sun )
Selling Price............................Php2,136,000.00
20% Required downpayment.........427,200.00
Less: Reservation...............................30,000.00
Net downpayment...........................397,200.00
(Payable in 18 months without interest)
Monthly DP in 18 mos..................22,066.66
80% Balance............................1,708,800.00
Add: Processing fee....................170,880.00
Total Balance Loanable...........1,879,680.00
Bank Financing Monthly Amortization
5 yrs.....@ 10.5%.............40,401.00
10 yrs...@ 10.5.................25,363.00
15 yrs...@ 10.5%.............20,777.00
20 yrs...@ 10.5%.............18,766.00
25 yrs...@ 10.5%.............17.747.00
PAYMENT OPTION 1
SAMPLE COMPUTATION - BANK FINANCING
( INNER UNIT - Ready for Occupancy in 13-20 Months )
Lot Area........80 sqm.
Floor Area.....110 sqm.
LOCATION: Alcove @ Phase 1 - NOT Facing East/Morning Sun
( 100 Meters From Main Entrance )
Selling Price......................Php2,460,000.00
20% Required downpaymen....492,000.00
Less: Reservation.........................30,000.00
Net downpayment.....................462,000.00
(Payable in 18 months without interest)
Monthly DP in 18 mos...........25,666.66
80% Balance......................1,968,000.00
Add: Processing fee..............196,800.00
Total Balance Loanable.....2,164,800.00
Bank Financing Monthly Amortization
5 yrs.....@ 10.5%................46,529.99
10 yrs...@ 10.5....................29,210.72
15 yrs...@ 10.5%................23,929.67
20 yrs...@ 10.5%................21,604.94
25 yrs...@ 10.5%................20,439.64
NOTE:
- Fire and MRI insurance not included.
- Processing Fees includes Transfer of Title.
- Interest rate is reference only. Prevailing interest rate will apply upon loan takeout.
- Bank terms for OFW is 15 yrs while locally employed has up to 25 yrs.
- Bank maximum terms will depend on salary & age (loan maturity is 55 yrs.).
PAYMENT OPTON 2
SAMPLE COMPUTATION - INHOUSE/PAG-IBIG FINANCING
( INNER UNIT - Ready for Occupancy in 19-20 Months )
Lot Area.........80 sqm.
Floor Area.....110 sqm.
( LOCATION: Summit @ Phase 2 - Facing East/Morning Sun )
Selling Price........................Php2,136,000.00
20% Required downpayment.....427,200.00
Add: Processing fee......................96,120.00
Total Downpayment……...............523,320.00
Less: Reservation...........................30,000.00
Net downpayment........................493,320.00
(Payable in 18 mos without interest)
Monthly DP in 18 mos................27,406.66
80% Balance...........................1,708,800.00
Inhouse Financing Monthly Amortization
5 yrs @ 18%................…43,392.29
10 yrs @ 21%.................34,164.32
Pag-ibig Monthly Amortization
5 yrs @ 10.5%............…36,728.00
10 yrs @ 10.5%.............23,051.00
15 yrs.@ 10.5%..............18,889.00
20 yrs. @ 10.5%............17,060.00
25 yrs. @ 10.5%............16,134.18
30 yrs. @ 10.5%.............15,631.07
PAYMENT OPTON 2
SAMPLE COMPUTATION - INHOUSE/PAG-IBIG FINANCING
( INNER UNIT - Ready for Occupancy in 19-20 Months )
Lot Area.........80 sqm.
Floor Area.....110 sqm.
LOCATION: Alcove @ Phase 1 - NOT Facing East/Morning Sun
( 100 Meters From Main Entrance )
Selling Price.....................Php2,460,000.00
20% Required downpayment..492,000.00
Add: Processing fee.................110,700.00
Total Downpayment……............602,700.00
Less: Reservation........................30,000.00
Net downpayment.....................572,700.00
(Payable in 15-18 mos without interest)
Monthly DP in 18 mos..............31,816.66
80% Balance...............................1,968,000
Inhouse Financing Monthly Amortization
5 yrs @ 18%............…49,974.26
10 yrs @ 21%............39,346.55
Pag-ibig Monthly Amortization
5 yrs @ 10.5%.......…42,299.99
10 yrs @ 10.5%.......26,555.20
15 yrs.@ 10.5%........21,754.25
20 yrs. @ 10.5%.......19,648.11
25 yrs. @ 10.5%......18,751.44
30 yrs. @ 10.5%......18,166.72
NOTE:
- Fire & MRI insurance not included. Estimated at .0005% of loanable amount.
- Transfer of Title cost not included.
- Processing fees includes One year Advance Real Property Tax & Insurances.
- Also includes Advance Homeowners Dues and Documentation/Notarial Fees.
- Pag-ibig processing will be done by the Buyer. Inhouse processing by Developer.
PAYMENT OPTON 3
SAMPLE COMPUTATION - DEFERRED CASH
(Pay in 24 months with NO interest)
Lot Area.........80 sqm.
Floor Area.....110 sqm.
Selling Price....................Php2,460,000.00
Add: Processing Fees..............110,700.00
Total Contract Price.............2,570,700.00
Less: Reservation.......................30,000.00
Net Total Contract Price......2,540,700.00
MONTHLY PAYMENT FOR 24 MONTHS
24 monthly payment without interest.....105,029.16