IRIS B House Model

PROJECT	CHESAPEAKE
House Model	Iris B
Unit	Regular Unit
Floor Area	92 sqm
Lot Area	80 sqm

Option 1: BANK Financing 20% DP

SELLING PRICE (SP)	1,732,000.00
RESERVATION FEE:	20,000.00
DOWNPAYMENT:
20% of SP	346,400.00
Less Reservation Fee	20,000.00
Net Downpayment	326,400.00
Monthly Downpayment:
12 months @ 0%interest	27,200.00
15 months @ 0%interest	21,760.00
AMORTIZATION:
Loanable Amount (80% of SP + 8% Proc fee)	1,524,160.00
Monthly Amortization:
5 Years @ 10.5%P.A.	32,760.14
10 Years @ 10.5% P.A.	20,566.25
15 Years @ 10.5% P.A.	16,848.05

Notes for Bank Financing: All amounts and figures in this form are for sample computation purposes only. Registration Fees, TitleTransfer fees, and documentary stamps expenses are already included in the 8% processing fee added to the loanable amount.

 

Option 2: INHOUSE Financing 20%DP

SELLING PRICE (SP)	1,732,000.00
RESERVATION FEE:	20,000.00
DOWNPAYMENT:
20% of SP	346,400.00
Add Processing Fee (4.5% of SP)	77,940.00
Less Reservation Fee	20,000.00
Net Downpayment	404,340.00
Monthly Downpayment:
12 months @ 0%interest	33,695.00
15 months @ 0%interest	26,956.00
AMORTIZATION:
Loanable Amount (80% of SP)	1,385,600.00
Monthly Amortization:
5 Years @ 18%P.A.	35,185.14
10 Years @ 21% P.A.	27,702.54