Alexis House Model

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)	1,380,000.00
RESERVATION FEE:	20,000.00
DOWNPAYMENT:
20% of SP	276,000.00
Less Reservation Fee	20,000.00
Net Downpayment	256,000.00
Monthly Downpayment:
12 months @ 0%interest	21,333.33
15 months @ 0%interest	17,066.67
AMORTIZATION:
Loanable Amount (80% of SP + 8% Proc fee)	1,214,400.00
Monthly Amortization:
5 Years @ 10.5%P.A.	26,102.19
10 Years @ 10.5% P.A.	16,386.51
15 Years @ 10.5% P.A.	13,423.97

Notes for Bank Financing: All amounts and figures in this form are for sample computation purposes only. Registration Fees, TitleTransfer fees, and documentary stamps expenses are already included in the 8% processing fee added to the loanable amount.

 

Option 2: INHOUSE Financing 20%DP

SELLING PRICE (SP)	1,380,000.00
RESERVATION FEE:	20,000.00
DOWNPAYMENT:
20% of SP	276,000.00
Add Processing Fee (4.5% of SP)	62,100.00
Less Reservation Fee	20,000.00
Net Downpayment	318,100.00
Monthly Downpayment:
12 months @ 0%interest	26,508.33
15 months @ 0%interest	21,206.67
AMORTIZATION:
Loanable Amount (80% of SP)	1,104,000.00
Monthly Amortization:
5 Years @ 18%P.A.	28,034.35
10 Years @ 21% P.A.	22,072.46