CHARLOTTE MODEL
House Feature
Typical lot area: 110 sqm
Floor area: 65 sqm
3 bedrooms
2 toilet and bath
Tiled flooring finish
BANK FINANCING
Selling Price Php 2,522,000.00
Processing fee 201,760.00
Total Contract Price 2,723,760.00
Downpayment Php 504,400.00
Reservation 30,000.00
Net Required Downpayment 474,400.00
Monthly Downpayment 18 Months 26,356.00
LOANABLE AMOUNT 2,017,600.00
BANK Monthly Amortization
5 yrs. 44,372.28
10 yrs. 28,366.54
15 yrs. 23,569.40
20 yrs. 21,516.28
25 yrs. 20,508.28
IN-HOUSE FINANCING
SAMPLE COMPUTATION
Date Jan-03
House Model CHARLOTTE
Unit ID BF1-1608
Lot Area 118
Selling Price 2,620,000
LMF 117,900
Total Package Price 2,737,900
(selling + LMF)
20% Down Payment = 524,000
Total Down Payment 641,900
(20% DP +LMF)
Reservation 30,000
Net Down Payment 611,900
(DP - Reservation)
Payable in (mos): 15
40,793.33 per month
Loan Amount 2,096,000.00
Monthly Amortization for Loan
10 yrs @ 21% int 42,852.07 per month
5 yrs @ 18% int 54,171.02 per month
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