Vivienne House Model
Ridgecrest, Daang Hari, Molino 4, Bacoor, CaviteUpdated: 10-Sep-2010
Sample Computation
| PROJECT | BELLEFORT ESTATES |
| House Model | Vivienne |
| Unit | Regular Unit |
| Floor Area | 110 sqm |
| Lot Area | 140 sqm |
Option 1: BANK Financing 20%DP
| SELLING PRICE (SP) | 4,380,000.00 |
| RESERVATION FEE: | 40,000.00 |
| DOWNPAYMENT: | |
| 20% of SP | 876,000.00 |
| Less Reservation Fee | 40,000.00 |
| Net Downpayment | 836,000.00 |
| Monthly Downpayment: | |
| 24 months @ 0%interest | 34,833.33 |
| AMORTIZATION: | |
| Loanable Amount (80% of SP + 8% Proc fee) | 3,854,400.00 |
| Monthly Amortization: | |
| 5 Years @ 10.5%P.A. | 84,576.19 |
| 10 Years @ 10.5% P.A. | 53,739.45 |
| 15 Years @ 10.5% P.A. | 44,051.90 |
Notes for Bank Financing:
|
Option 2: Inhouse Financing 20%DP
| SELLING PRICE (SP) | 4,380,000.00 |
| RESERVATION FEE: | 40,000.00 |
| DOWNPAYMENT: | |
| 20% of SP | 876,000.00 |
| Add Processing Fee (4.5% of SP) | 197,100.00 |
| Less Reservation Fee | 40,000.00 |
| Net Downpayment | 1,033,100.00 |
| Monthly Downpayment: | 24 months @ 0%interest | 43,045.83 |
| AMORTIZATION: | |
| Loanable Amount (80% of SP) | 3,504,000.00 |
| Monthly Amortization: | |
| 5 Years @ 18%P.A. | 88,978.58 |
| 10 Years @ 21% P.A. | 70,056.07 |
NOTES:
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