Lot Area=120 sq.m
Floor Area=64 Sq.m
Beds=3
T&B=1
TCP=1,717,550
Reservation Fee=20,000
TERMS of Payments:
1.Spotcash
reservation
discount=181,320
Net TCP=1,516,230
2. Interim bank/In-house financing
a. Spot 20% Downpayment w/in 30 days
downpayment=344,000
discount=6%=17,257.14
reservation=20,000
net down=306,742.86
b. Spot 15% Downpayment w/in 30 days
downpayment=258,000
discount=6%=12,657.14
reservation=20,000
net down=225,343
5% balance payable in 3 months=86,000/3=28,667
2.1 Bank Financing
estimated loan amount=80%=1,373,550
monthly amortization required income
10 years@12%=19,707 65,692
7 years@12%=24,248 80,286
5 years@12%=30,555 101,850
3 years @12%=45,623 152,075
2.2 In-house financing
estimated loan amount=80%=1,373,550
monthly amortization required income
10 years@18%=24,750 82,501
7 years@18%=28,870 96,234
5 years@18%=34,880 116,267
3 years @18%=49,658 165,527
Requirements for Move-in Application
1. Full downpayment plus one month
2. Complete documents and PDC
3. Loan approved
Disclaimer: prices are subject to change without prior notice.
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