Payment scheme:
10 10(12) 80
10% DOWNPAYMENT WITH SPOT CASH DISCOUNT OF 3%
10%
80% BALANCE PAYABLE BY FINANCING
Floor Area: 47.30sqm
2 Bedroom
Unit Price: P4,395,363.25
Less: 3% Discount on 10% DP P13,186.09
Net Contract Price: P4,382,177.16
Reservation Fee: P15,000
Balance: P4,367,177.16
Cash DP: P436,717.72
DP in 12 months terms: P436,717.72
Processing Cost: P219,108.86
Monthly:
Month 1-11: P39,701.61
Month 12: P219,108.86
Balance thru Bank Financing: P3,493,741.73
Bank financing Estimated monthly amortization (BPI rates)
3 Years 6.5% p.a. 107,079.70
5 Years 7.0% p.a. 69,180.27
10 Years 8.5% p.a. 43,317.40
15 Years 9.5% p.a 36,482.51