SAMPLE COMPUTATION FOR VILLE DE PALME
ELAN HOUSE MODEL

PAG-IBIG FINANCING SCHEME
(INNER LOT)

Typical Selling Price	Php 835,000.00
Legal & Miscellaneous Fee	Php 100,200.00
Total Contract Price	Php 935,200.00

Loanable Amount	Php 835,000.00
DP/Equity Payment	Php 100,200.00
Less: Reservation Fee	Php 10,000.00
Net Equity	Php 90,200.00
Monthly Equity Payment - payable within 12 mos. with 0%	Php 7,516.67

Monthly Amortization
6 years to pay with 7% interest	Php 17,947.41
10 years to pay with 7% interest	Php 11,267.07
15 years to pay with 7% interest	Php 9,230.08
20 years to pay with 7% interest	Php 8,336.47
25 years to pay with 7% interest	Php 7,883.92
30 years to pay with 7% interest	Php 7,638.07

Typical Selling Price	Php 835,000.00
Legal & Miscellaneous Fee	Php 37,575.00
Total Contract Price	Php 872,575.00

Loanable Amount	Php 668,000.00
DP/Equity Payment	Php 204,575.00
Less: Reservation Fee	Php 10,000.00
Net Equity	Php 194,575.00
Monthly Equity Payment - Payable within 12 mos.	Php 16,214.58

Monthly Amortization (Excluding MRI/Fire)
6 years to pay with 18% interest	Php 15,235.60
10 years to pay with 21% interest	Php 13,355.44

Typical Selling Price	Php 835,000.00
Less: Reservation Fee	Php 20,000.00
Selling Price Net of Reservation Fee	Php 815,000.00
10% Discount within 7 days from the date of reservation	Php 733,500.00
9.5% Discount within 8 to 30 days from the date of reservation	Php 737,575.00
9% Discount within 31 to 60 days from the date of reservation	Php 741,650.00
8.5% Discount within 61 to 90 days from the date of reservation	Php 749,800.00