Beatrice House Model

Somerset Place, Manggahan, Pasig, Metro Manila

Updated: 1-Oct-2008

Sample Computation

PROJECT	SOMERSET PLACE
House Model	BEATRICE
Unit	Regular Unit
Floor Area	69.1 sqm. (743 sq.ft.))
Lot Area	60 sqm. (646 sq. ft.)

Payment Term 1: 20% DP / 80% Financing

TOTAL CONTRACT PRICE (TCP)	3,288,000.00
RESERVATION FEE:	40,000.00
DOWNPAYMENT:
20% of TCP	657,600.00
Less Reservation Fee	40,000.00
Net Downpayment	617,600.00

Monthly Downpayment:
6 Months 0% interest	102,933.33
10 Months 0% Interest	61,760.00
12 Months 0% Interest	51,466.67

MONTHLY AMORTIZATION:
Loanable Amount (80%):	2,630,400.00

OPTION 1: In-house Financing
5 Years @ 18%P.A.	66,794.88
10 Years @ 20% P.A.	50,833.98
15 Years @ 20% P.A.	46,197.64

OPTION 2: Bank Financing
5 Years @ 10% P.A.	56,537.55
10 Years @ 11% P.A.	36,233.76
15 Years @ 11.5% P.A.	30,728.07

NOTES:

All amounts and figures in this form are for sample computation purposes only. Prices and rates may change without further notice.
All amounts are in Philippine peso
Prices are Updated as of Oct 2008.

For more information, please contact:

MARY ANN MORENO-BINUYA
Tel. No.: +63 2 506 3671 / +63 2 482 8262 / +63 917 865 0725
Fax No.: +63 2 534 6299
Email: info@bahaycentral.com