Hollywood B House Model

California West Hills - Buhay na Tubig, Imus, Cavite

Sample Computation

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


Option 1: Inhouse Financing 20% DP

SELLING PRICE (SP) 1,820,000.00
RESERVATION FEE: 20,000.00
   
DOWNPAYMENT:  
20% of SP 364,000.00
Add Processing Fee (4.5% of SP) 81,900.00
Less Reservation Fee 20,000.00
Net Downpayment 425,900.00
Monthly Downpayment:  
12 months @ 0%interest 35,491.67
15 months @ 0%interest 28,393.33
   
AMORTIZATION:  
Loanable Amount (80% of SP)  1,456,000.00
Monthly Amortization:  
5 Years @ 18%P.A. 36,972.83
10 Years @ 21% P.A. 29,110.06

 

Option 2: Bank Financing 20%DP

SELLING PRICE (SP) 1,820,000.00
RESERVATION FEE: 20,000.00
   
DOWNPAYMENT:  
20% of SP 364,000.00
Less Reservation Fee 20,000.00
Net Downpayment 344,000.00
Monthly Downpayment:  
12 months @ 0%interest 28,666.67
15 months @ 0%interest 22,933.33
   
AMORTIZATION:  
Loanable Amount (80% of SP + 8% Proc fee)  1,601,600.00
Monthly Amortization:  
5 Years @ 10.5%P.A. 34,424.63
10 Years @ 10.5% P.A. 21,611.19
15 Years @ 10.5% P.A. 17,704.07

 

Disclaimer: All amounts and figures in this form are for sample computation purposes only. Updated as of July 4,2008.
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MARY ANN MORENO
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