Sunday, February 8, 2009

Lara duplex sample computation

House Model: Lara duplex
Location: Altea at Nova Romania, Bignay, Valenzuela City
Floor Area: 44 sq. m.
Lot Area: 70 sq. m.
Total Contract Price: 1,359,000
SAMPLE COMPUTATION
Option 1: No Down, No Interest (2 years to pay)
Reservation Fee: 15,000
Balance After Reservation Fee: 1,344,000
Monthly Amortization (x 24 months): 56,000
Option 2: Bank Financing 20% Down
Downpayment: 272,000
Reservation Fee: 15,000
Balance of D/P After Reservation Fee: 257,000
Monthly Amortization (x 12 month(s)): 21,417
Amount For Bank Financing: 1,087,000
Monthly Amortization
5 years: 23,364
10 years: 14,668
15 years: 12,016
20 years: 10,853
Option 3: In-house Financing
Downpayment: 272,000
Reservation Fee: 15,000
Balance of D/P After Reservation Fee: 257,000
Monthly Amortization (x 12 month(s)): 21,417
Amount For In-house Financing: 1,087,000
Monthly Amortization
5 years: 28,198
10 years: 20,292
Note: Sample computation only. Price may change without prior notice.

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