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SAMPLE COMPUTATION FOR LANCASTER PLACE SUBDIVISION ARDEN HOUSE MODELIN-HOUSE FINANCING SCHEME (INNER LOT)PRICE STARTS AT PHP 960,000.00 AND UP
| Typical Selling Price | Php 960,000.00 | | Total Contract Price | Php 1,003,200.00 | | | Loanable Amount | Php 702,240.00 | | DP/Equity Payment | Php 300,960.00 | | Less: Reservation Fee | Php 10,000.00 | | Net Equity | Php 290,960.00 | Monthly Equity Payment - Payable within 30 mos. | 9,698.67 | | Monthly Amortization (Excluding MRI/Fire) | | 5 years to pay with 18% interest | Php 17,832.28 | | 10 years to pay with 21% interest | Php 14,040.00 |
BANK FINANCING SCHEME (INNER LOT)PRICE STARTS AT PHP 960,000.00 AND UP
| Typical Selling Price | Php 960,000.00 | | Total Contract Price | Php 1,036,800.00 | | | Loanable Amount | Php 829,440.00 | | DP/Equity Payment | Php 207,360.00 | | Less: Reservation Fee | Php 10,000.00 | | Net Equity | Php 197,360.00 | Monthly Equity Payment - payable within 24 mos. | Php 8,223.33 | | 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 | | 15 years to pay with 10.5% interest | Php 9,168.62 | | 20 years to pay with 10.5% interest | Php 8,280.96 |
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