COLLEEN (2STRY, 3-BR wid Garage & Linear Park) SAMPLE COMPUTATION:
OPTION 1: BANK FINANCING
Total Selling price Php 1,416,000.00
Legal and Miscellaneous Fees (BANK LMF=8%xTSP) Php 113,280.00
Total Contract Price (TCP=TSP+LMF) Php 1,529,280.00
DP/EQUITY (=20% xTSP) Php 283,200.00
Less: Reservation Php 20,000.00
Net DP/EQUITY Php 263,200.00
Payable in 15 months Php 17,546.67/mo
Loanable Amount (=TCP-DP/EQUITY) Php 1,246,080.00
MONTHLY AMORTIZATION (=LAxfactor rate) :
05 yrs (10.5% int rate thru bank, or prevailing) Php 26,783.11/mo.
10 yrs (10.5% int rate thru bank, or prevailing) Php 16,813.98/mo.
15 yrs (10.5% int rate thru bank, or prevailing) Php 13,774.04/mo.
20 yrs (10.5% int rate thru bank, or prevailing) Php 12,440.48/mo.
25 yrs (10.5% int rate thru bank, or prevailing) Php 11,765.23/mo.
NOTE:
MRI & FIRE insurance not yet included (~P600).
1st DP/EQUITY payment 30-45days after date of reservation.
Move-in on the 16th to 18th month of after paying downpayment.
Developer will process the loan tied up with Metrobank and UCPB.
Option for a balcony, just add P90,000.00 on TSP.
OPTION 2: IN- HOUSE FINANCING
Total Selling price Php 1,416,000.00
Legal and Miscellaneous Fees (IN-HOUSE LMF=4.5%xTSP) Php 63,720.00 (does not include transfer title)
Total Contract Price (TCP=TSP+LMF) Php 1,479,720.00
DP/EQUITY (=20% xTSP) Php 283,200.00
Add LMF Php 63,720.00
TOTAL DP/EQUITY Php 346,920.00
Less: Reservation Php 20,000.00
Net DP/EQUITY Php 326,920.00
Payable in 15 months Php 21,794.67/mo
Loanable Amount (=TCP-TOTAL DP/EQUITY)
(80% of TSP) Php 1,132,800.00
MONTHLY AMORTIZATION (=LAxfactor rate) :
05 years @ 18% Php 28,765.67
10 yrs @ 21% Php 22,648.26
NOTE:
MRI & FIRE insurance not yet included (~P600).
1st DP/EQUITY payment 30-45days after date of reservation.
Move-in on the 16th to 18th month of after paying downpayment.
Developer will process the loan.
Option for a balcony, just add P90,000.00 on TSP.
OPTION 3: CASH PAYMENT SCHEME
(Legal & Miscellaneous Fees & Reservation Fee not included in the computation of the discount)
PRICE STARTS AT PHP 1,416,000 AND UP
Total Selling Price Php 1,416,000.00
Less: Reservation fee Php 20,000.00
Selling Price Net of Reservation Fee Php 1,396,000.00
10% Discount within 7 days from the date of reservation Php 1,256,400.00
9.5%Discount within 8 to 30 days from the date of reservatioin Php 1,263,380.00
9% Discount within 31 to 60 days from the date of reservation Php 1,270,360.00
8.5%Discount within 61 to 90 days from the date of reservation Php 1,277,340.00
*Additional Legal Miscellaneous Fees (LMF} Php 63,720.00
*Option for a balcony, just add P90,000.00 on TSP.
CONTACT PERSON: JENNIFER BAIZA
CONTACT NOS.
SUN CELLULAR: 09324562837
SMART: 09995517194
GLOBE: 09173411389
Landline no: 02-8819684,046-4815683
YM/Email: maybahayka@yahoo.com
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