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SAMPLE COMPUTATION FOR WINDSOR MANSIONS THE NEW CASTLE HOUSE MODELIN-HOUSE FINANCING SCHEME (INNER LOT)PRICE STARTS AT PHP 3,600,000.00 AND UP
| Typical Selling Price | Php 3,630,000.00 | | Legal & Miscellaneous Fee | Php 163,350.00 | | Total Contract Price | Php 3,793,350.00 |
| | Loanable Amount | Php 2,904,000.00 | | DP/Equity Payment | Php 889,350.00 | | Less: Reservation Fee | Php 30,000.00 | | Net Equity | Php 859,350.00 | Monthly Equity Payment - Payable within 12 mos. | Php 71,612.50 |
| Monthly Amortization (Excluding MRI/Fire) | | 6 years to pay with 18% interest | Php 66,233.83 | | 10 years to pay with 21% interest | Php 58,060.16 |
CASH PAYMENT SCHEME (INNER LOT) (Legal & Miscellaneous Fees and Reservation Fee not included in the computation of the discount)PRICE STARTS AT PHP 3,600,000.00 AND UP
| Typical Selling Price | Php 3,630,000.00 | | Less: Reservation Fee | Php 20,000.00 | | Selling Price Net of Reservation Fee | Php 3,610,000.00 | 10% Discount within 7 days from the date of reservation | Php 3,249,000.00 | 9.5% Discount within 8 to 30 days from the date of reservation | Php 3,267,050.00 | 9% Discount within 31 to 60 days from the date of reservation | Php 3,285,100.00 | 8.5% Discount within 61 to 90 days from the date of reservation | Php 3,321,200.00 |
BANK FINANCING SCHEME (INNER LOT)PRICE STARTS AT PHP 3,600,000.00 AND UP
| Typical Selling Price | Php 3,630,000.00 | | Legal & Miscellaneous Fee | Php 290,400.00 | | Total Contract Price | Php 3,920,400.00 |
| | Loanable Amount | Php 3,194,400.00 | | DP/Equity Payment | Php 726,000.00 | | Less: Reservation Fee | Php 30,000.00 | | Net Equity | Php 696,000.00 | Monthly Equity Payment - payable within 12 mos. | Php 58,000.00 |
| 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 68,660.11 | | 10 years to pay with 10.5% interest | Php 43,103.64 | | 15 years to pay with 10.5% interest | Php 35,310.86 | | 20 years to pay with 10.5% interest | Php 31,892.25 | | 25 years to pay with 10.5% interest | Php 30,160.94 |
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