You are on page 1of 3

SAMPLE COMPUTATION

Project : Megatower Residences VII Floor Level: Fourth Floor


UNIT: 4F-28a
Unit Floor Area: 24.81 sqm. more or less Unit Type: STUDIO

OPTION 1 OPTION 2 OPTION 3


Standard Payment Terms
FULL SPOT CASH INSTALLMENT BANK FINANCING
Payable in 28 mos. @ 0% Interest 20% DP 28 mos. To pay
List Price Php 4,871,443.50 Php 4,871,443.50 Php 4,871,443.50
Less: Promo Discount 2% 97,428.87 2% 97,428.87 2% 97,428.87
List Price (TLP) net of Promo Discount Php 4,774,014.63 Php 4,774,014.63 Php 4,774,014.63
Less: Option Discount 10% 477,401.46 5% 238,700.73 0% -
NET CONTRACT PRICE Php 4,296,613.17 Php 4,535,313.90 Php 4,774,014.63
Add: Value Added Tax 515,593.58 544,237.67 572,881.76
Add: Transfer Fee 341,001.05 341,001.05 341,001.05
TOTAL CONTRACT PRICE Php 5,153,207.79 Php 5,420,552.61 Php 5,687,897.43

NET CONTRACT PRICE Php 4,296,613.17 Php 4,535,313.90 Downpayment Php 954,802.93
Less: Reservation Fee 50,000.00 50,000.00 50,000.00
NET AMOUNT DUE Php 4,246,613.17 Php 4,485,313.90 Php 904,802.93

MONTHLY AMORTIZATION Php 160,189.78 Php 32,314.39

Balance Php 3,819,211.70

BANK FINANCING
*Interest rates are for illustration purposes only.

Terms Rate Monthly Amortization


1 Year 6.88% 330,252.72
2-3 Yrs 6.88% 117,716.74
4-5 Yrs 7.25% 76,076.26
6-10 Yrs 8.00% 46,337.58
11-15 Yrs 9.50% 39,881.15
15-20 Yrs 10.00% 41,041.44
TERMS &
CONDITION
1. Contract price is on a
per unit basis and not
on per floor area
2. All list prices are
exclusive of VAT & is for
the account of the
Buyer . Any increase on
payable amount as a
result of decrease on
the VAT Threshold
therefore requiring
payments of VAT for a
previously
This Sample non-vattable
3.
Computation is subject
to the terms and
conditions of the
4. The Seller reserves the
right to correct any
typographical and/or
computation error
5. Prices and promo
discounts are subject to
cahnge without prior
All subsequent requests
including change
Transfer fees are on
based
7.
on the gross list price
and is representing
8. All monthly
amortizations require
issuance of Post Dated
Checks(PDCs) payable
to Megapines Realty &
9. Bank Loan Financing
interests are subject to
change depending on
existing rates of the
tion partnered bank.

10. By signing this form,


the client as well as
his/her broker and/or
agent confirm that all
payment terms as well
as the process of bank
loan has been
thoroughly explained to
them and that they
have fully understand
all that was discussed.

You might also like