Sunday, February 8, 2009

Drina sample computation

House Model: Drina
Location: Altezza at Nova Romania, Deparo, Caloocan City
Floor Area: 81 sq. m.
Lot Area: 103 sq. m.
Total Contract Price: 2,466,000
SAMPLE COMPUTATION
Option 1: No Down, No Interest (2 years to pay)
Reservation Fee: 20,000
Balance After Reservation Fee: 2,446,000
Monthly Amortization (x 24 months): 101,917
Option 2: Bank Financing 20% Down
Downpayment: 493,000
Reservation Fee: 20,000
Balance of D/P After Reservation Fee: 473,000
Monthly Amortization (x 12 month(s)): 39,417
Amount For Bank Financing: 1,973,000
Monthly Amortization
5 years: 42,408
10 years: 26,623
15 years: 21,810
20 years: 19,699
Option 3: In-house Financing
Downpayment: 493,000
Reservation Fee: 20,000
Balance of D/P After Reservation Fee: 473,000
Monthly Amortization (x 12 month(s)): 39,417
Amount For In-house Financing: 1,973,000
Monthly Amortization
5 years: 51,181
10 years: 36,831
Note: Sample computation only. Price may change without prior notice.

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