Fitzgerald House Model

Carmel, Panapaan, Bacoor, Cavite (Along Aguinaldo High-way)

Updated: 24-July-2008

Sample Computation

PROJECT CARMEL
HOUSE MODEL FITZGERALD
Unit Regular Unit
Floor Area 84 sqm
Lot Area 60 sqm


Payment Term 1: 20% DP / 80% Financing

TCP PHP 3,843,801.00
RESERVATION FEE: 40,000.00
DOWNPAYMENT:  
20% of TCP 768,801.00
Less Reservation Fee 40,000.00
Net Downpayment 728,801.00
Monthly Downpayment:  
12 Months @ 0% interest 60,733.42
   
MONTHLY AMORTIZATION:  
Loanable Amount (80%): 3,075,000.00
   
OPTION 1: In-house Financing  
5 Years @ 19%P.A. 79,767.04
10 Years @ 19% P.A. 57,401.64
   
OPTION 2: Bank Financing  
5 Years @ 10.5% P.A. 66,093.74
10 Years @ 10.5% P.A. 41,492.51
15 Years @ 10.5% P.A. 33,991.02


Payment term 2: 30% DP / 70% Financing

TCP PHP 3,843,801.00
RESERVATION FEE: 40,000.00
DOWNPAYMENT:  
30% of TCP 1,153,801.00
Less Reservation Fee 40,000.00
Net Downpayment 1,113,801.00
Monthly Downpayment:  
 12 Months @ 0% interest 92,816.75
   
MONTHLY AMORTIZATION:  
Loanable Amount (70%): 2,690,000.00
   
OPTION 1: In-house Financing  
5 Years @ 19%P.A. 69,779.95
10 Years @ 19% P.A. 50,214.77
   
OPTION 2: Bank Financing  
5 Years @ 10.5% P.A. 57,818.59
10 Years @ 10.5% P.A. 36,297.52
15 Years @ 10.5% P.A. 29,735.23

Disclaimer:

  • All amounts and figures in this form are for sample computation purposes only.
  • All amounts are in Philippine peso
  • Prices are Updated as of July 1, 2008.
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