C A V I T E P R O P E R T Y[PRO-FRIENDS] - ARDEN PRICE

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SAMPLE COMPUTATION FOR LANCASTER PLACE SUBDIVISION
ARDEN HOUSE MODEL

IN-HOUSE FINANCING SCHEME
(INNER LOT)

PRICE STARTS AT PHP 960,000.00 AND UP

Typical Selling PricePhp 960,000.00
Total Contract PricePhp 1,003,200.00
Loanable AmountPhp 702,240.00
DP/Equity PaymentPhp 300,960.00
Less: Reservation FeePhp 10,000.00
Net EquityPhp 290,960.00
Monthly Equity Payment 
- Payable within 30 mos.
9,698.67

Monthly Amortization 
(Excluding MRI/Fire)

5 years to pay with 18% interestPhp 17,832.28
10 years to pay with 21% interestPhp 14,040.00

 

BANK FINANCING SCHEME 
(INNER LOT)

PRICE STARTS AT PHP 960,000.00 AND UP

Typical Selling PricePhp 960,000.00
Total Contract PricePhp 1,036,800.00
Loanable AmountPhp 829,440.00
DP/Equity PaymentPhp 207,360.00
Less: Reservation FeePhp 10,000.00
Net EquityPhp 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% interestPhp 9,168.62
20 years to pay with 10.5% interestPhp 8,280.96
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