Claire House Model

PROJECT	WINDSOR MANSIONS
House Model	Claire
Unit	Regular Unit
Floor Area	111 sqm
Lot Area	120 sqm

Option 1: Inhouse Financing 20% DP

SELLING PRICE (SP)	2,040,000.00
RESERVATION FEE:	30,000.00
DOWNPAYMENT:
20% of SP	408,000.00
Add Processing Fee (4.5% of SP)	91,800.00
Less Reservation Fee	30,000.00
Net Downpayment	469,800.00
Monthly Downpayment:
12 months @ 0%interest	39,150.00
15 months @ 0%interest	31,320.00
AMORTIZATION:
Loanable Amount (80% of SP)	1,632,000.00
Monthly Amortization:
5 Years @ 18%P.A.	41,442.08
10 Years @ 21% P.A.	32,628.85

Option 2: Bank Financing 20%DP

SELLING PRICE (SP)	2,040,000.00
RESERVATION FEE:	30,000.00
DOWNPAYMENT:
20% of SP	408,000.00
Less Reservation Fee	30,000.00
Net Downpayment	378,000.00
Monthly Downpayment:
12 months @ 0%interest	31,500.00
15 months @ 0%interest	25,200.00
AMORTIZATION:
Loanable Amount (80% of SP + 8% Proc fee)	1,795,200.00
Monthly Amortization:
5 Years @ 10.5%P.A.	38,585.85
10 Years @ 10.5% P.A.	24,223.53
15 Years @ 10.5% P.A.	19,844.12