Professional Documents
Culture Documents
8,382,528.00
OPTION 4: 15-45-40 26,429.29
15% Downpayment 1,283,040.00
Less : 7.5% Discount 96,228.00
1,186,812.00
Less : Reservation Fee 50,000.00
8,457,372.00 Client:
OPTION 5: 10-60-30 26,596.35 Prepared by:
IS
10% Downpayment 855,360.00 Manager
Less : 5% Discount 42,768.00
812,592.00 Noted by:
Less : Reservation Fee 50,000.00
762,592.00 Estimated Taxes and Fees:
1.5% Documentary Stamp Tax 128,304.00
Net Downpayment 762,592.00 0.9% Transfer Tax 76,982.40
payable within 30 days after reservation 0.8% Registration Fee 68,428.80
Processing Fee 50000
50% Monthly Amortization 89,100.00 Estimated Real Estate Tax Advance 30000
payable in 48 months 4,276,800.00 Estimated Meralco Meter Deposit 30000
383,715.20
40% Balance on the 48th month 3,421,440.00
8,510,832.00
Notes:
1. Please affix client's signature beside the chosen payment terms option.
2. Discounts Applicable:
* PDC Discount is applicable if complete post dated checks are submitted to MIG-Finance within 15 days from reservation date.
3. Reservation of unit is subject to availability upon submission of complete documents and reservation fee. Reservation fee of Php 50,000 is non-refundable
and to be deducted from the downpayment or from the discounted price for No DP terms.
4. All checks should be payable to GLOBAL ESTATE RESORTS INC.
5. Balance upon turnover is payable thru cash, bank financing
6. Notwithstanding the above payment terms, all outstanding balances shall become due and demandable upon turnover.
Megaworld Global Estate Inc. reserves the right to correct any error that may have appeared in this sample computation.
Prices are subject to change without prior notice.