Sample Computations for Linear Park

Haven House Model

In-House Financing Scheme
(Inner Lot)

Floor Area: 80 sq. m. Lot Area: 85 sq.m.
Total Contract Price Php 1,714,845.00
Typical Selling Price PHP 1,641,000.00 
Legal and Misc. fees
PHP 73,845.00
 
In 15 months Php 25,469.67
DOWNPAYMENT (20%)   Php 328,200.00
ADD: LEGAL MISC. FEES
Php 73,845.00
LESS: RESERVATION
Php 20,000.00
NET DOWNPAYMENT
Php 402,045.00
 
LOANABLE AMOUNT (80%)  PHP 1,312,800.00 
5 years to pay with 18% interest (0.025393427) Php 33,336.49
10 years to pay with 21% interest (0.019993167) Php 26,247.03