SAMPLE COMPUTATION FOR CHESAPEAKE VILLAGE
IRIS HOUSE MODEL

IN-HOUSE FINANCING SCHEME
(INNER LOT)

Typical Selling Price	Php 1,912,000.00
Legal & Miscellaneous Fee	Php 86,040.00
Total Contract Price	Php 1,998,040.00

Loanable Amount	Php 1,529,600.00
DP/Equity Payment	Php 468,440.00
Less: Reservation Fee	Php 20,000.00
Net Equity	Php 448,440.00
Monthly Equity Payment - Payable within 12 mos.	Php 37,370.00

Monthly Amortization (Excluding MRI/Fire)
6 years to pay with 18% interest	Php 34,886.80
10 years to pay with 21% interest	Php 30,581.55

Typical Selling Price	Php 1,912,000.00
Less: Reservation Fee	Php 20,000.00
Selling Price Net of Reservation Fee	Php 1,892,000.00
10% Discount within 7 days from the date of reservation	Php 1,702,800.00
9.5% Discount within 8 to 30 days from the date of reservation	Php 1,712,260.00
9% Discount within 31 to 60 days from the date of reservation	Php 1,721,720.00
8.5% Discount within 61 to 90 days from the date of reservation	Php 1,740,640.00

Typical Selling Price	Php 1,420,000.00
Legal & Miscellaneous Fee	Php 113,600.00
Total Contract Price	Php 1,533,600.00

Loanable Amount	Php 1,249,600.00
DP/Equity Payment	Php 284,000.00
Less: Reservation Fee	Php 20,000.00
Net Equity	Php 264,000.00
Monthly Equity Payment - payable within 12 mos.	Php 22,000.00

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 26,858.78
10 years to pay with 10.5% interest	Php 16,861.48
15 years to pay with 10.5% interest	Php 13,813.06
20 years to pay with 10.5% interest	Php 12,475.76
25 years to pay with 10.5% interest	Php 11,798.49