Sample Computations for Montefaro Estate

Hollywood A House Model

In-House Financing Scheme
(Inner Lot)

PRICE STARTS AT PHP 1,938,000.00 AND UP
Total Contract Price Php 2,025,210.00
Typical Selling Price Php 1,938,000.00
Legal and Miscellaneous Fee Php 87,210.00
 
Monthly Equity Payment
Payablle within (12 months)with 0%
Php 37,900.83
Loanable Amount Php 1,550,400.00
DP/Equity Payment Php 474,810.00
Less:Reservation Fee Php 20,000.00
Net Equity Php 454,810.00
Monthly Amortization
(Exluding MRI/Fire)
5 years to pay with 18% interest Php 35,361.20
10 years to pay with 21% interest Php 30,997.41

Cash Payment Scheme

Inner Lot
legal and miscellaneous fees and reservation fee not included in the computation of the discount.
PRICE STARTS AT PHP 1,564,000.00 AND UP
Typical Selling Price Php 1,938,000.00
Less: Reservation Fee Php 20,000.00
Selling Price Net of Reservation Fee Php 1,918,000.00
10% Discount within 7 days from the date of reservation Php 1,726,200.00
9.5% Discount within 8 to 30 days from the date of reservation Php 1,735,200.00
9% Discount within 31 to 60 days from the date of reservation Php 1,745,380.00
8.5% Discount within 61 to 90 days from the date of reservation Php 1,754,970.00

Banking Financing Scheme


Inner lot

PRICE STARTS AT PHP 1,564,000.00 AND UP
Total Contract Price Php 2,093,040.00
Typical Selling Price Php 1,938,000.00
Legal and Miscellaneous Fee Php 155,040.00
 
Monthly Equity Payment
Payablle within (12 months)with 0%
Php 43,553.33
Loanable Amount Php 1,550,400.00
DP/Equity Payment Php 542,640.00
Less:Reservation Fee Php 20,000.00
Net Equity Php 522,640.00

Monthly Amortization


Bank computation is base in your bank of choice and subject to the bank's requirements.
Bank prevailing at the point of take out shall apply
Indicative interest rate shall be used in computing for monthly amortization
5 years to pay with 10.5% interest Php 33,324.14
10 years to pay with 10.5% interest Php 20,920.32
15 years to pay with 10.5% interest Php 17,138.10
20 years to pay with 10,5% interest Php 15,478.88
25 years to pay with 10,5% interest Php 14,638.59