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SAMPLE COMPUTATION FOR LANCASTER VILLAGES HAVEN HOUSE MODELIN-HOUSE FINANCING SCHEME (INNER LOT)PRICE STARTS AT PHP 1,700,000.00 AND UP
| Typical Selling Price | Php 1,700,000.00 | | Total Contract Price | Php 1,985,500.00 | | | Loanable Amount | Php 1,389,850.00 | | DP/Equity Payment | Php 595,650.00 | | Less: Reservation Fee | Php 20,000.00 | | Net Equity | Php 575,650.00 | Monthly Equity Payment - Payable within 30 mos. | 19,188.33 | | Monthly Amortization (Excluding MRI/Fire) | | 5 years to pay with 18% interest | Php 35,293.05 | | 10 years to pay with 21% interest | Php 27,787.50 |
BANK FINANCING SCHEME (INNER LOT)PRICE STARTS AT PHP 1,700,000.00 AND UP
| Typical Selling Price | Php 1,700,000.00 | | Total Contract Price | Php 2,052,000.00 | | | Loanable Amount | Php 1,641,600.00 | | DP/Equity Payment | Php 410,400.00 | | Less: Reservation Fee | Php 20,000.00 | | Net Equity | Php 390,400.00 | Monthly Equity Payment - payable within 24 mos. | Php 16,266.67 | | 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 18,146.23 | | 20 years to pay with 10.5% interest | Php 16,389.40 |
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