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SAMPLE COMPUTATION |
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Option 1: No Down, No Interest (2 years to pay) |
Reservation Fee: | 15,000 |
Balance After Reservation Fee: | 1,505,000 |
Monthly Amortization (x 24 months): | 62,709 |
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Option 2: Bank Financing 20% Down |
Downpayment: | 304,000 |
Reservation Fee: | 15,000 |
Balance of D/P After Reservation Fee: | 289,000 |
Monthly Amortization (x 12 month(s)): | 24,083 |
Amount For Bank Financing: | 1,216,000 |
Monthly Amortization |
5 years: | 26,137 |
10 years: | 16,409 |
15 years: | 13,442 |
20 years: | 12,141 |
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Option 3: In-house Financing |
Downpayment: | 304,000 |
Reservation Fee: | 15,000 |
Balance of D/P After Reservation Fee: | 289,000 |
Monthly Amortization (x 12 month(s)): | 24,083 |
Amount For In-house Financing: | 1,216,000 |
Monthly Amortization |
5 years: | 31,544 |
10 years: | 22,700 |
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Note: Sample computation only. Price may change without prior notice. |
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