Hollywood B House Model

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