Sunday, February 8, 2009

Marvela sample computation

House Model: Marvela
Location: Altea at Nova Romania, Bignay, Valenzuela City
Floor Area: 52 sq. m.
Lot Area: 70 sq. m.
Total Contract Price: 1,520,000
SAMPLE COMPUTATION
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
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
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
Note: Sample computation only. Price may change without prior notice.

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