Sabine House Model
Ridgecrest, Daang Hari, Molino 4, Bacoor, CaviteUpdated: 10-July-2010
Sample Computation
| PROJECT | BELLEFORT ESTATES |
| House Model | SABINE |
| Unit | Regular Unit |
| Floor Area | 85 sqm |
| Lot Area | 110 sqm |
Option 1: BANK Financing 20%DP
| SELLING PRICE (SP) | 3,189,000.00 |
| RESERVATION FEE: | 40,000.00 |
| DOWNPAYMENT: | |
| 20% of SP | 637,800.00 |
| Less Reservation Fee | 40,000.00 |
| Net Downpayment | 597,800.00 |
| Monthly Downpayment: | |
| 15 months @ 0%interest | 39,853.33 |
| 18 months @ 0%interest | 33,211.11 |
| AMORTIZATION: | |
| Loanable Amount (80% of SP + 8% Proc fee) | 2,806,320.00 |
| Monthly Amortization: | |
| 5 Years @ 10.5%P.A. | 61,583.35 |
| 10 Years @ 10.5% P.A. | 39,131.67 |
| 15 Years @ 10.5% P.A. | 32,073.40 |
Notes for Bank Financing:
|
Option 2: Inhouse Financing 20%DP
| SELLING PRICE (SP) | 3,189,000.00 |
| RESERVATION FEE: | 40,000.00 |
| DOWNPAYMENT: | |
| 20% of SP | 637,800.00 |
| Add Processing Fee (4.5% of SP) | 143,505.00 |
| Less Reservation Fee | 40,000.00 |
| Net Downpayment | 741,305.00 |
| Monthly Downpayment: | |
| 15 months @ 0%interest | 49,420.33 |
| 18 months @ 0%interest | 41,183.61 |
| AMORTIZATION: | |
| Loanable Amount (80% of SP) | 2,551,200.00 |
| Monthly Amortization: | |
| 5 Years @ 18%P.A. | 64,783.72 |
| 10 Years @ 21% P.A. | 51,006.58 |
NOTES:
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contact us: ROLDAN C. BINUYA MARY ANN M. BINUYA Email: info@bahaycentral.com |



