CLIENT NAME:

TOTAL CONTRACT PRICE 2,423,944

Reservation Fee 25,000
Buyers' Promo 100,000
OPTION PAYABLE PERIOD (in mos.) AMOUNT DUE DATE
OPTION 1 : Spot Payments 2,423,944
Less: Buyer's Promo 100,000
Net of Discount 2,323,944
Spot 15% 348,592
Less: Discount 8% 26,309
Less: Reservation Fee 25,000
Amount Due 297,283 Within Reservation Month
25% 60 9,683 Month 1 - 60
60% BALANCE 1,394,366 upon turn-over
OPTION 2 : Regular Payment 2,423,944
Less: Buyer's Promo 100,000
Net of Discount 2,323,944
Less: Reservation Fee 25,000
40% 60 15,076 Month 1 - 60
60% BALANCE 1,394,366 upon turn-over
OPTION 3 : Step-up 2,423,944
Less: Buyer's Promo 100,000
Net of Discount 2,323,944
Less: Reservation Fee 25,000
6% 12 9,536 Month 1 - 12
7% 12 13,556 Month 13 - 24
8% 12 15,493 Month 25 - 36
9% 12 17,430 Month 37 - 48
10% 12 19,366 Month 49-60
60% BALANCE 1,394,366 upon turn-over
Bank Financing
5 yrs @ 12% interest Php31,016.91
10 yrs @ 12% interest Php20,005.11
15 yrs @ 12% interest Php16,734.74
In-House Financing
5 yrs @ 18% interest Php35,407.74
10 yrs@ 19% interest Php26,028.97
Studio
Unit 20F-0023
INDICATIVE MONTHLY AMORTIZATION RATES (REGULAR)
Sample Computation
18 SQM