Hollywood B House Model

California West Hills - Buhay na Tubig, Imus, Cavite

Updated: 08-Jan-2009

Sample Computation

PROJECT CALIFORNIA WEST HILLS
House Model Hollywood B
Unit Regular Unit
Floor Area 104 sqm
Lot Area 88 sqm

Option 1: Bank Financing 20%DP

SELLING PRICE (SP) 1,809,000.00
RESERVATION FEE: 20,000.00
   
DOWNPAYMENT:  
20% of SP 361,800.00
Add Processing Fee (8% of SP) 144,720.00
Less Reservation Fee 20,000.00
Net Downpayment 486,520.00
Monthly Downpayment:  
12 months @ 0%interest 40,543.33
15 months @ 0%interest 32,434.67
18 months @ 0%interest 27,028.89
   
AMORTIZATION:  
Loanable Amount (80% of SP)   1,447,200.00
Monthly Amortization:  
10 Years @ 10.5% P.A. 19,527.79
15 Years @ 10.5% P.A. 15,997.33
20 Years @ 10.5% P.A. 14,448.56
25 Years @ 10.5% P.A. 13,664.20
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) 1,809,000.00
RESERVATION FEE: 20,000.00
   
DOWNPAYMENT:  
20% of SP 361,800.00
Add Processing Fee (4.5% of SP) 81,405.00
Less Reservation Fee 20,000.00
Net Downpayment 423,205.00
Monthly Downpayment:  
12 months @ 0%interest 35,267.08
15 months @ 0%interest 28,213.67
18 months @ 0%interest 23,511.39
   
AMORTIZATION:  
Loanable Amount (80% of SP)  1,447,200.00
Monthly Amortization:  
5 Years @ 18%P.A. 36,749.37
10 Years @ 21% P.A. 28,934.12

 

Disclaimer: All amounts and figures in this form are for sample computation purposes only. Updated as of June 12, 2009.
For more information, please contact:

MARY ANN MORENO
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