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SAMPLE COMPUTATION FOR BELLEFORT ESTATES CHARLOTTE HOUSE MODELIN-HOUSE FINANCING SCHEME (INNER LOT)PRICE STARTS AT PHP 2,500,000.00 AND UP
| Typical Selling Price | Php 2,500,000.00 | | Total Contract Price | Php 2,635,490.00 | | | Loanable Amount | Php 1,844,843.00 | | DP/Equity Payment | Php 790,647.00 | | Less: Reservation Fee | Php 20,000.00 | | Net Equity | Php 770,647.00 | Monthly Equity Payment - Payable within 30 mos. | 25,688.23 | | Monthly Amortization (Excluding MRI/Fire) | | 5 years to pay with 18% interest | Php 46,846.89 | | 10 years to pay with 21% interest | Php 36,884.25 |
BANK FINANCING SCHEME (INNER LOT)PRICE STARTS AT PHP 2,500,000.00 AND UP
| Typical Selling Price | Php 2,500,000.00 | | Total Contract Price | Php 2,723,760.00 | | | Loanable Amount | Php 2,179,008.00 | | DP/Equity Payment | Php 544,752.00 | | Less: Reservation Fee | Php 20,000.00 | | Net Equity | Php 524,752.00 | Monthly Equity Payment - payable within 24 mos. | Php 21,864.67 | | 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 | | 15 years to pay with 10.5% interest | Php 24,086.73 | | 20 years to pay with 10.5% interest | Php 21,754.78 |
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