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SAMPLE COMPUTATION FOR MONTEFARO VILLAGE THE ALEXIS HOUSE MODELIN-HOUSE FINANCING SCHEME (INNER LOT)PRICE STARTS AT PHP 1,560,000.00 AND UP
| Typical Selling Price | Php 1,560,000.00 | | Legal & Miscellaneous Fee | Php 70,200.00 | | Total Contract Price | Php 1,630,200.00 | | | Loanable Amount | Php 1,248,000.00 | | DP/Equity Payment | Php 382,200.00 | | Less: Reservation Fee | Php 20,000.00 | | Net Equity | Php 362,200.00 | Monthly Equity Payment - Payable within 12 mos. | Php 30,183.33 | | Monthly Amortization (Excluding MRI/Fire) | | 6 years to pay with 18% interest | Php 28,464.12 | | 10 years to pay with 21% interest | Php 24,951.47 |
CASH PAYMENT SCHEME (INNER LOT) (Legal & Miscellaneous Fees and Reservation Fee not included in the computation of the discount)PRICE STARTS AT PHP 1,560,000.00 AND UP
| Typical Selling Price | Php 1,560,000.00 | | Less: Reservation Fee | Php 20,000.00 | | Selling Price Net of Reservation Fee | Php 1,540,000.00 | 10% Discount within 7 days from the date of reservation | Php 1,386,000.00 | 9.5% Discount within 8 to 30 days from the date of reservation | Php 1,393,700.00 | 9% Discount within 31 to 60 days from the date of reservation | Php 1,401,400.00 | 8.5% Discount within 61 to 90 days from the date of reservation | Php 1,416,800.00 |
BANK FINANCING SCHEME (INNER LOT)PRICE STARTS AT PHP 1,260,000.00 AND UP
| Typical Selling Price | Php 1,370,000.00 | | Legal & Miscellaneous Fee | Php 109,600.00 | | Total Contract Price | Php 1,479,600.00 | | | Loanable Amount | Php 1,205,600.00 | | DP/Equity Payment | Php 274,000.00 | | Less: Reservation Fee | Php 20,000.00 | | Net Equity | Php 254,000.00 | Monthly Equity Payment - payable within 12 mos. | Php 21,166.67 | | 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 25,913.05 | | 10 years to pay with 10.5% interest | Php 16,267.76 | | 15 years to pay with 10.5% interest | Php 13,326.69 | | 20 years to pay with 10.5% interest | Php 12,036.47 | | 25 years to pay with 10.5% interest | Php 11,383.05 |
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