Charlotte House Model

Ridgecrest, Daang Hari, Molino 4, Bacoor, Cavite

Updated: 10-July-2010

Sample Computation

SELLING PRICE (SP)	2,489,000.00
RESERVATION FEE:	30,000.00

DOWNPAYMENT:
20% of SP	497,800.00
Less Reservation Fee	30,000.00
Net Downpayment	467,800.00
Monthly Downpayment:
15 months @ 0%interest	31,186.67
18 months @ 0%interest	25,988.89

AMORTIZATION:
Loanable Amount (80% of SP + 8% Proc fee)	2,190,320.00
Monthly Amortization:
5 Years @ 10.5%P.A.	48,060.28
10 Years @ 10.5% P.A.	30,536.85
15 Years @ 10.5% P.A.	25,033.15

Notes for Bank Financing:

All amounts and figures in this form are for sample computation purposes only.
20 years maximum loan term available for locally employed
15 years maximum loan term available for OFW
8% processing fee Processing Fees already includes TitleTransfer fees and documentary stamp expenses
8% processing fee can be either be included as part of downpayment or loanable amount
REQUIRED INCOME = (Monthly Amortization)/0.3

Reservation Fee is non-refundable and non-transferrable in case of withdrawal and cancellation
Pag-ibig Financing can be availed thru individual application
Disclaimer: All amounts and figures in this form are for sample computation purposes only.

For more information and site visits, please contact us:

ROLDAN C. BINUYA
Licensed Real Estate Broker
REBL No. 20673
Landline: +63 2 506 3671
Mobile: +63 917 865 0725

MARY ANN M. BINUYA
Licensed Real Estate Broker
REBL No. 20591
Landline: +63 2 482 8262
Mobile: +63 918 935 2835