Sample Computation:
ELAN HOUSE MODEL
Pag-Ibig Financing:
Lot Area: 50 SQM
Floor Area: 57 SQM
2 Storey 3BR 2T/B
Typical Selling Price: P835,000.00
Legal&Misc. Fee: P100,200.00
Total Contract Price: P935,200.00
Loanable Amount: P835,200.00
DP/Equity: P100,200.00
Less: Reservation Fee: P10,000.00
Net Equity: P90,200.00
Payable w/in 12 mos.: P7,516.67
Monthly Amortization:
6 years with 7% interest: P17,947.41
10 years wuth 7% interest: P11,267.07
15 years with 7% interest: P9,230.08
20 years wuth 7% interest: P8,336.47
25 years with 7% interest: P7,883.92
30 years wuth 7% interest: P7,638.07
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.
INHOUSE FINANCING AVAILABLE
BANK FINANCING AVAILABLE computation is based on the bank prevailing interest rate.
Sample Computation:
NUVO HOUSE MODEL
Pag-Ibig Financing:
Lot Area: 40 SQM
Floor Area: 35 SQM
2 Storey 2BR 1T/B
Typical Selling Price: P630,000.00
Legal&Misc. Fee: P75,600.00
Total Contract Price: P705,600.00
Loanable Amount: P620,000.00
DP/Equity: P85,600.00
Less: Reservation Fee: P5,000.00
Net Equity: P80.600.00
Payable w/in 9 mos.: P6,716.67
Monthly Amortization:
6 years with 7% interest: P12,276.74
10 years wuth 7% interest: P7,198.73
15 years with 7% interest: P5,572.74
20 years wuth 7% interest: P4.806.85
25 years with 7% interest: P4,382.03
30 years wuth 7% interest: P4,124.88
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.
INHOUSE FINANCING AVAILABLE
BANK FINANCING AVAILABLE computation is based on the bank prevailing interest rate.
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