Scribd Logo
Upload

Welcome to Scribd!

  • Mirea Residences Dmci

    Uploaded by

    api-300625167
    19 views1 page
    This computation sheet summarizes the payment terms for a unit in the Mirea Residences building. The unit is a 2-bedroom unit of 63.5 sqm located in building Maia. It has a list price of 3,442,260 with discounts totaling 153,180.50, bringing the net price to 3,289,079.43. A 15% downpayment of 345,353.34 is required, payable over 21 months. The 85% bank financing balance of 2,795,717.52 can be paid over 5, 10, 15, or 20 years at the indicated monthly amortization rates. Important notes specify that the reservation fee is non-refundable and required documents

    Original Description:

    Original Title

    mirea residences dmci

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This computation sheet summarizes the payment terms for a unit in the Mirea Residences building. The unit is a 2-bedroom unit of 63.5 sqm located in building Maia. It has a list price of 3,442,260 with discounts totaling 153,180.50, bringing the net price to 3,289,079.43. A 15% downpayment of 345,353.34 is required, payable over 21 months. The 85% bank financing balance of 2,795,717.52 can be paid over 5, 10, 15, or 20 years at the indicated monthly amortization rates. Important notes specify that the reservation fee is non-refundable and required documents

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    19 views1 page

    Mirea Residences Dmci

    Uploaded by

    api-300625167
    This computation sheet summarizes the payment terms for a unit in the Mirea Residences building. The unit is a 2-bedroom unit of 63.5 sqm located in building Maia. It has a list price of 3,442,260 with discounts totaling 153,180.50, bringing the net price to 3,289,079.43. A 15% downpayment of 345,353.34 is required, payable over 21 months. The 85% bank financing balance of 2,795,717.52 can be paid over 5, 10, 15, or 20 years at the indicated monthly amortization rates. Important notes specify that the reservation fee is non-refundable and required documents

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    SAMPLE COMPUTATION SHEET

    PROJECT:
    BUILDING:
    UNIT:
    AREA:

    MIREA RESIDENCES
    MAIA
    321
    2
    BEDROOM
    63.5 SQM

    TERMS:

    15%DOWNPAYMENT PAYABLE in 21 months - 85%BALANCE Direct Bank Financing


    Unit

    LIST PRICE:
    Discount (REGULAR):
    Net Price
    Discount (PDC):
    Total Contract Price

    Downpayment
    Less: Reservation Fee
    Net Downpayment
    Months to pay

    Balance
    Monthly Amortization

    2.50%
    2.0%

    15%

    21 mo.

    85%

    Closing Fees
    TERMS

    3,442,260.00
    86,056.50
    3,356,203.50
    67,124.07
    3,289,079.43

    TOTAL

    345,353.34

    493,361.91
    20,000.00
    473,361.91
    22,541.04

    22,541.04 per month

    2,795,717.52

    BANK FINANCING(NOTE: INDICATIVE RATES ONLY


    5 years
    10 years
    15 years
    20 years
    Total Contract Price
    Downpayment Discount
    Net Contract Price

    1.968343%
    1.148240%
    0.884909%
    0.760363%

    55,029.31
    32,101.55
    24,739.56
    21,257.60
    3,289,079.43
    3,289,079.43

    55,029.31
    32,101.55
    24,739.56
    21,257.60

    per
    per
    per
    per

    month
    month
    month
    month

    345,353.34
    345,353.34

    Important:
    a. Reservation fee is NON REFUNDABLE and valid for 30 days only. Failure to submit required documents within 30 days will cause
    AUTOMATIC CANCELLATION of reservation. (Please refer to Reservation Agreement for list of documents)
    b. Payment Due Dates after Reservation Fee:
    Reservation Date:
    Start of DP/MA
    1st to 7th
    7th
    8th to 15th
    15th
    15th-22nd
    22nd
    23rd-30th
    30th
    (or 28th if Feb)
    c. Downpayment should be fully covered by POST DATED CHECKS.
    d. The 2% additional discount can be availed provided complete documents and requirements submitted within 30 (THIRTY) days
    from reservation date.
    e. CLOSING FEES:

    This covers Documentary Stamp Tax, Transfer Fees, Registration Fees, Notarial & Documentation Fees
    and other administrative & handling fees in order to transfer title to buyer's name.

    f. Condo dues:

    Upon unit turnover, buyer will be assessed of Joining fees, Meralco deposit, water meter deposit,
    association dues and other charges. Actual computation will be presented prior to turnover of unit

    g. Prices are subject to change without prior notice. Unit areas may change based on the final construction drawings

    PC/SM/PSM
    Signature over printed name/ date signed
    DIVISION:

    You might also like