MAGNOLIA(SINGLE DETACHED) BUNGALOW
LOT AREA 150SQM
FLOOR AREA 78SQM
3 BEDROOMS 2CR
Sample Computation in Bank Financing:
TOTAL CONTRACT PRICE - 2,258,000
DOWNPAYMENT - 451,600
LESS RESERVATION FEE - 30,000
NET DOWNPAYMENT - 421,600
NET DOWNPAYMENT PAYABLE FOR 6MONTHS - 70,266.67
LOANABLE AMOUNT IN BANK - 1,806,400
MONTHLY AMMORTIZATION FOR THE LOAN IN BANK:
5YRS - 38,002.95
10YRS - 23,248.69
15YRS - 18,551.95
20YRS - 17,919.90
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