Corrine House Model

Somerset Place, Manggahan, Pasig, Metro Manila

Updated: 1-Oct-2008

Sample Computation

PROJECT	SOMERSET PLACE
House Model	CORRINE
Unit	Regular Unit
Floor Area	81.75 sqm. (880 sq.ft.)
Lot Area	72 sqm. (775 sq. ft.)

Payment Term 1: 20% DP / 80% Financing

TOTAL CONTRACT PRICE (TCP)	3,995,000.00
RESERVATION FEE:	50,000.00
DOWNPAYMENT:
20% of TCP	799,000.00
Less Reservation Fee	50,000.00
Net Downpayment	749,000.00

Monthly DP:
6 Months 0% interest	124,833.33
10 Months 0% Interest	74,900.00
12 Months 0% Interest	62,416.67

MONTHLY AMORTIZATION:
Loanable Amount (80%):	3,196,000.00

OPTION 1: In-house Financing
5 Years @ 18%P.A.	81,157.40
10 Years @ 20% P.A.	61,764.52
15 Years @ 20% P.A.	56,131.25

OPTION 2: Bank Financing
5 Years @ 10% P.A.	68,694.50
10 Years @ 11% P.A.	44,024.90
15 Years @ 11.5% P.A.	37,335.35

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