Sample Computation:
MANOR B HOUSE MODEL
Pag-Ibig Financing:
Lot Area: 40 SQM
Floor Area: 40 SQM
2 Storey 2BR 1T/B
Typical Selling Price: P725,000.00
Legal&Misc. Fee: P87,040.00
Total Contract Price: P812,000.00
Loanable Amount: P750,000.00
DP/Equity: P62,000.00
Less: Reservation Fee: P7,500.00
Net Equity: P54,500.00
Payable w/in 9 mos.: P4,541.67
Monthly Amortization:
5 years with 10.5% interest: P14,850.90
10 years wuth 10.5% interest: P8,708.14
15 years with 10.5% interest: P6,741.21
20 years wuth 10.5% interest: P5,814.74
25 years with 10.5% interest: P5,300.84
30 years wuth 10.5% interest: P4,989.77
DISCOUNT: Cash Payment Scheme (Legal&Misc. fees not included in discount)
10% discount within 7 days from reservtion
9.5% discount within 8-30 days from reservation
9% discount within 31-60 days from reservation
8.5% discount within 61-90 days from reservation.
BANK FINANCING AVAILABLE computation is based on the bank prevailing interest rate.
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