Hollywood A House Model

PROJECT	CALIFORNIA WEST HILLS
House Model	Hollywood A
Unit	Regular Unit
Floor Area	86 sqm
Lot Area	103 sqm ++ (corner lots)

Option 1: Bank Financing 20%DP

SELLING PRICE (SP)	1,896,000.00
RESERVATION FEE:	20,000.00
DOWNPAYMENT:
20% of SP	379,200.00
Add Processing Fee (8% of SP)	151,680.00
Less Reservation Fee	20,000.00
Net Downpayment	510,880.00
Monthly Downpayment:
12 months @ 0%interest	42,573.33
15 months @ 0%interest	34,058.67
18 months @ 0%interest	28,382.22
AMORTIZATION:
Loanable Amount (80% of SP)	1,516,800.00
Monthly Amortization:
10 Years @ 10.5% P.A.	20,466.94
15 Years @ 10.5% P.A.	16,766.69
20 Years @ 10.5% P.A.	15,143.43
25 Years @ 10.5% P.A.	14,321.35

Notes for Bank Financing: All amounts and figures in this form are for sample computation purposes only. 25 years maximum loan term available for locally employed 15 years maximum loan term available for OFW 8% processing fee Processing Fees already includes Registration Fees, Title Transfer fees and documentary stamp expenses 8% processing fee can be included in the loanable amount if bank is UCPB

 

Option 2: Inhouse Financing 20% DP

SELLING PRICE (SP)	1,896,000.00
RESERVATION FEE:	20,000.00
DOWNPAYMENT:
20% of SP	379,200.00
Add Processing Fee (4.5% of SP)	85,320.00
Less Reservation Fee	20,000.00
Net Downpayment	444,520.00
Monthly Downpayment:
12 months @ 0%interest	37,043.33
15 months @ 0%interest	29,634.67
18 months @ 0%interest	24,695.56
AMORTIZATION:
Loanable Amount (80% of SP)	1,516,800.00
Monthly Amortization:
5 Years @ 18%P.A.	38,516.75
10 Years @ 21% P.A.	30,325.64