Hemingway House Model

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

Updated: 24-July-2008

Sample Computation

PROJECT	CARMEL
HOUSE MODEL	HEMINGWAY
Unit	Regular Unit
Floor Area	60 sqm
Lot Area	60 sqm

Payment Term 1: 20% DP / 80% Financing

TCP	PHP 3,344,515.00
RESERVATION FEE:	40,000.00
DOWNPAYMENT:
20% of TCP	669,515.00
Less Reservation Fee	40,000.00
Net Downpayment	629,515.00
Monthly Downpayment:
12 Months @ 0% interest	52,459.58

MONTHLY AMORTIZATION:
Loanable Amount (80%):	2,675,000.00

OPTION 1: In-house Financing
5 Years @ 19%P.A.	69,390.84
10 Years @ 19% P.A.	49,934.76

OPTION 2: Bank Financing
5 Years @ 10.5% P.A.	57,496.18
10 Years @ 10.5% P.A.	36,095.11
15 Years @ 10.5% P.A.	29,569.42

Payment term 2: 30% DP / 70% Financing

TCP	PHP 3,344,515.00
RESERVATION FEE:	40,000.00
DOWNPAYMENT:
30% of TCP	1,003,515.00
Less Reservation Fee	40,000.00
Net Downpayment	963,515.00
Monthly Downpayment:
12 Months @ 0% interest	80,292.72

MONTHLY AMORTIZATION:
Loanable Amount (70%):	2,341,000.00

OPTION 1: In-house Financing
5 Years @ 19%P.A.	60,726.71
10 Years @ 19% P.A.	43,699.92

OPTION 2: Bank Financing
5 Years @ 10.5% P.A.	50,317.22
10 Years @ 10.5% P.A.	31,588.28
15 Years @ 10.5% P.A.	25,877.39

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.

For more information, please contact:

MARY ANN MORENO-BINUYA
Tel. No.: +63 2 506 3671 / +63 2 482 8262 / +63 917 865 0725
Fax No.: +63 2 534 6299
Email: info@bahaycentral.com