Julia House Model
Hamilton Homes, Imus, CaviteUpdated: 1-April-2010
Sample Computation
| PROJECT | HAMILTON HOMES |
| House Model | JULIA |
| Unit | Regular Unit |
| Floor Area | 76.35 sqm. |
| Lot Area | 48 sqm. |
Payment Term 1: 10% DP / 90% INHOUSE Financing
| Total Contract Price (TCP) | 1,208,000.00 |
| Add Processing Fee | 50,000.00 |
| Total Package Price (TPP) | 1,258,000.00 |
| DOWNPAYMENT: | |
| 10% of TPP | 125,800.00 |
| Less Reservation Fee | 20,000.00 |
| Net Downpayment | 105,800.00 |
| Monthly Downpayment: | |
| 6 months @ 0%interest | 17,633.33 |
| AMORTIZATION: | |
| Loanable Amount (90% of TCP) | 1,132,200.00 |
| Monthly Amortization: | |
| 5 Years @ 18%P.A. | 28,750.44 |
| 10 Years @ 20% P.A. | 21,880.41 |
| 15 Years @ 20% P.A. | 19,884.79 |
Payment Term 2: 20% DP / 80% BANK OR INHOUSE Financing
| Total Contract Price (TCP) | 1,208,000.00 |
| Add Processing Fee | 50,000.00 |
| Total Package Price (TPP) | 1,258,000.00 |
| DOWNPAYMENT: | |
| 20% of TPP | 251,600.00 |
| Less Reservation Fee | 20,000.00 |
| Net Downpayment | 231,600.00 |
| Monthly Downpayment: | |
| 6 months @ 0%interest | 38,600.00 |
| AMORTIZATION: | |
| Loanable Amount (80% of TCP) | 1,006,400.00 |
| Inhouse Financing: | |
| 5 Years @ 18%P.A. | 25,555.95 |
| 10 Years @ 20% P.A. | 19,449.25 |
| 15 Years @ 20% P.A. | 17,675.37 |
| Bank Financing: | |
| 5 Years @ 10.5%P.A. | 21,631.46 |
| 10 Years @ 10.5% P.A. | 13,579.86 |
| 15 Years @ 10.5% P.A. | 11,124.74 |
Payment Term 3: HDMF (Pag-IBIG)
| TOTAL CONTRACT PRICE (TCP) | 1,208,000.00 |
| Add: Processing Fee | 50,000.00 |
| Add: Move In Fee | 14,000.00 |
| Total Package Price | 1,272,000.00 |
| Less:Est. Net Loan Proceeds | 1,064,443.96 |
| Total Initial Cashout | 207,556.04 |
| Less: Reservation | 20,000.00 |
| D/P Balance | 187,556.04 |
| Mo. D/P for 6 mos. | 31,259.34 |
| Loan Value | 1,090,000.00 |
| HDMFMo.30 yrs (P+I) | 10,281.21 |
| Net Disposable Income | 25,703.01 |
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