SAMPLE COMPUTATION FOR LANCASTER VILLAGES HAVEN HOUSE MODEL
IN-HOUSE FINANCING SCHEME (INNER LOT)
PRICE STARTS AT PHP 1,700,000.00 AND UP
TypiTypical Selling Price
1,700,000.00
Legal & Miscellaneous Fee
Php 76,500.00
Total Contract Price
Php 1,776,500.00
Loanable Amount
Php 1,360,000.00
DP/Equity Payment
Php 416,500.00
Less: Reservation Fee
Php 20,000.00
Net Equity
Php 396,500.00
Monthly Equity Payment - Payable within 12 mos.
33,041.67
Monthly Amortization (Excluding MRI/Fire)
6 years to pay with 18% interest
Php 31,018.60
10 years to pay with 21% interest
Php 27,190.71
CASH PAYMENT SCHEME (INNER LOT) (Legal & Miscellaneous Fees and Reservation Fee not included in the computation of the discount)
PRICE STARTS AT PHP 1,700,000.00 AND UP
Typical Selling Price
Php 1,700,000.00
Legal & Miscellaneous Fee
Php 76,500.00
Total Contract price
Php 1,776,500.00
Less: Reservation Fee
Php 20,000.00
Selling Price Net of Reservation Fee
Php 1,680,000.00
Discount
Php 170,000.00
Net of discount including LMF
Php 1,586,500.00
BANK FINANCING SCHEME (INNER LOT)
PRICE STARTS AT PHP 1,700,000.00 AND UP
Typical Selling Price
Php 1,700,000.00
Legal & Miscellaneous Fee
Php 76,500.00
Total Contract Price
Php 1,776,500.00
Loanable Amount
Php 1,436,500.00
DP/Equity Payment
Php 340,000.00
Less: Reservation Fee
Php 20,000.00
Net Equity
Php 320,000.00
Monthly Equity Payment - payable within 12 mos.
Php 26,666.67
Monthly Amortization
• Bank Financing computation is base on your bank of choice and subject to the bank’s requirements • Bank’s prevailing interest at point of takeout shall apply • Indicative interest rate shall be used in computing for monthly amortization
TOPCaviteHomes engaged in selling affordable quality homes catering to above and middle-income earners, such as government & private employees, overseas Filipino workers (OFWs), including member and non-member of Pag-IBIG Fund.
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