Alexis House Model

Montefaro, Carsadang Bago, Bukandala, Imus, Cavite

Updated: 28-March-2010

Sample Computation

PROJECT MONTEFARO VILLAGE
House Model Alexis
Unit Regular Unit
Floor Area 60 sqm
Lot Area 100 sqm

Option 1: Bank Financing 20%DP

SELLING PRICE (SP) 1,751,000.00
RESERVATION FEE: 20,000.00
   
DOWNPAYMENT:  
20% of SP 350,200.00
Less Reservation Fee 20,000.00
Net Downpayment 330,200.00
Monthly Downpayment:  
12 months @ 0%interest 27,516.67
15 months @ 0%interest 22,013.33
   
AMORTIZATION:  
Loanable Amount (80% of SP + 8% Proc fee)  1,540,880.00
Monthly Amortization:  
5 Years @ 10.5%P.A. 33,813.10
10 Years @ 10.5% P.A. 21,485.45
15 Years @ 10.5% P.A. 17,726.45
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

 

Option 2: Inhouse Financing 20% DP

SELLING PRICE (SP) 1,751,000.00
RESERVATION FEE: 20,000.00
   
DOWNPAYMENT:  
20% of SP 350,200.00
Add Processing Fee (4.5% of SP) 78,795.00
Less Reservation Fee 20,000.00
Net Downpayment 408,995.00
Monthly Downpayment:  
12 months @ 0%interest 34,082.92
15 months @ 0%interest 27,266.33
   
AMORTIZATION:  
Loanable Amount (80% of SP)  1,400,800.00
Monthly Amortization:  
5 Years @ 18%P.A. 36,212.17
10 Years @ 21% P.A. 28,647.48

NOTES:

  • 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 2 357 9796
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

Email: info@bahaycentral.com

 


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