Newcastle House Model
Windsor Mansions, Buhay na Tubig, Imus, CaviteUpdated: 10-Jan-2009
Sample Computation
| PROJECT | WINDSOR MANSIONS |
| House Model | Newcastle |
| Unit | Regular Unit |
| Floor Area | 110 sqm |
| Lot Area | 130 sqm |
Option 1: BANK Financing 20% DP
| SELLING PRICE (SP) | 2,690,000.00 |
| RESERVATION FEE: | 30,000.00 |
| DOWNPAYMENT: | |
| 20% of SP | 538,000.00 |
| Less Reservation Fee | 30,000.00 |
| Net Downpayment | 508,000.00 |
| Monthly Downpayment: | |
| 12 months @ 0%interest | 42,333.33 |
| 15 months @ 0%interest | 33,866.67 |
| AMORTIZATION: | |
| Loanable Amount (80% of SP + 8% Proc fee) | 2,367,200.00 |
| Monthly Amortization: | |
| 5 Years @ 10.5%P.A. | 50,880.36 |
| 10 Years @ 10.5% P.A. | 31,941.81 |
| 15 Years @ 10.5% P.A. | 26,167.01 |
Option 2: INHOUSE Financing 20%DP
| SELLING PRICE (SP) | 2,690,000.00 |
| RESERVATION FEE: | 30,000.00 |
| DOWNPAYMENT: | |
| 20% of SP | 538,000.00 |
| Add Processing Fee (4.5% of SP) | 121,050.00 |
| Less Reservation Fee | 30,000.00 |
| Net Downpayment | 629,050.00 |
| Monthly Downpayment: | |
| 12 months @ 0%interest | 52,420.83 |
| 15 months @ 0%interest | 41,936.67 |
| AMORTIZATION: | |
| Loanable Amount (80% of SP) | 2,152,000.00 |
| Monthly Amortization: | |
| 5 Years @ 18%P.A. | 54,646.66 |
| 10 Years @ 21% P.A. | 43,025.30 |
| Disclaimer: All amounts and figures in this form are for sample computation purposes only. Updated as of October 10, 2008. | |
| For more information, please
contact: MARY ANN MORENO Tel. No.: +63 2 506 3671 / +63 2 482 8262 / +63 917 865 0725 Fax No.: +63 2 534 6299 Email: info@bahaycentral.com |
