PRINCESS STEPHANIE MODEL: 2-Storey Townhouse 2 Bedrooms 1 Toilet and Bath Living, Dining, Kitchen Service Area Terrace, Carpot Floor Area: 70 sq. m. Lot Area : 50 sq. m. Total Contract Price : P 1,800,000.00 Reservation Fee: P 20,000.00 PAYMENT SCHEME: a) Reservation Fee – P 20,000.00 – Non-refundable b) 8% Discount if paid Outright Cash c) 20-30% Downpayment depending on buyer’s credit rating – payable 24 months 0 Interest 80 – 70% Balance thru Bank Financing Payment Scheme: a) Reservation Fee - Php 20,000.00 b) 5% Discount if paid Outright Cash c) 20% Downpayment payable in 24 mos. @ 0 Int. d) 80% Balance thru Bank Financing Sample Computation - Bank Financing (20/80) Total Contract Price of Php 1,800,000.00 20% Downpayment: Php 360,000.00 Less Reservation Fee: Php 20,000.00 Net Downpayment: Php 340,000.00 24 months to pay 0 Interest - Php 14,166.66/mo. 80% Balance: Php 1,440,000.00 Lonable to Bank Estimated Monthly Amortization: 5 years to pay - Php 30,600/month 10 years to pay - Php 19,431.00/month 15 years to pay - Php 16,594.00/month 20 years to pay - Php 15,357.00/month
Posted on: Thu, 05 Sep 2013 01:45:13 +0000
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