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SAMPLE COMPUTATION FOR WINDSOR MANSIONS CLAIRE HOUSE MODELIN-HOUSE FINANCING SCHEME (INNER LOT)PRICE STARTS AT PHP 2,000,000.00 AND UP
| Typical Selling Price | Php 2,260,000.00 | | Legal & Miscellaneous Fee | Php 101,700.00 | | Total Contract Price | Php 2,361,700.00 |
| | Loanable Amount | Php 1,808,000.00 | | DP/Equity Payment | Php 553,700.00 | | Less: Reservation Fee | Php 30,000.00 | | Net Equity | Php 523,700.00 | Monthly Equity Payment - Payable within 12 mos. | Php 43,641.67 |
| Monthly Amortization (Excluding MRI/Fire) | | 6 years to pay with 18% interest | Php 41,236.49 | | 10 years to pay with 21% interest | Php 36,147.65 |
CASH PAYMENT SCHEME (INNER LOT) (Legal & Miscellaneous Fees and Reservation Fee not included in the computation of the discount)PRICE STARTS AT PHP 2,000,000.00 AND UP
| Typical Selling Price | Php 2,260,000.00 | | Less: Reservation Fee | Php 20,000.00 | | Selling Price Net of Reservation Fee | Php 2,240,000.00 | 10% Discount within 7 days from the date of reservation | Php 2,016,000.00 | 9.5% Discount within 8 to 30 days from the date of reservation | Php 2,027,200.00 | 9% Discount within 31 to 60 days from the date of reservation | Php 2,038,400.00 | 8.5% Discount within 61 to 90 days from the date of reservation | Php 2,060,800.00 |
BANK FINANCING SCHEME (INNER LOT)PRICE STARTS AT PHP 2,000,000.00 AND UP
| Typical Selling Price | Php 2,260,000.00 | | Legal & Miscellaneous Fee | Php 180,800.00 | | Total Contract Price | Php 2,440,800.00 |
| | Loanable Amount | Php 1,988,800.00 | | DP/Equity Payment | Php 452,000.00 | | Less: Reservation Fee | Php 30,000.00 | | Net Equity | Php 422,000.00 | Monthly Equity Payment - payable within 12 mos. | Php 35,166.67 |
| 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 | | 5 years to pay with 10.5% interest | Php 42,747.07 | | 10 years to pay with 10.5% interest | Php 26,835.87 | | 15 years to pay with 10.5% interest | Php 21,984.17 | | 20 years to pay with 10.5% interest | Php 19,855.78 | | 25 years to pay with 10.5% interest | Php 18,777.89 |
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