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MTR Payment Terms and Sample Computation
MTR Payment Terms and Sample Computation
Monthly Amortization Reservation Fee Month 1 to 48 Lump sum payment for 3 years starting Month 24 Balance upon turn over
Monthly Amortization Reservation Fee Month 1 to 36 Monthly Amortization Month 37 to 48 Balance upon turn over
Option 6 : 20-80 Scheme 20% Less Less With 5% discount Down payment 5% discount Reservation Fee Outright Down Payment Balance for 4 years @ 0% Monthly Amortization 620,200.00 31,010.00 589,190.00 25,000.00 564,190.00 2,480,800.00 51,683.33
80%
Notes: 1. Empire East Land Holdings Inc reserves the right to correct any error that may appear on above computation. 2. The Reservation Fee (P25,000) is non-refundable in case of cancellation or withdrawal by the buyer. 3. All outstanding and turnover balances are due and demandable upon unit turnover. 4. All checks should be made payable to Empire East Land Holdings Inc. 5. PRICES and DETAILS are subject to change without prior notice 6. Rebate of P25,000 is given upon issuance of complete PDCs within 30 working days from reservation date.