Sample Computations for Montefaro Estate

The Alexis Model House

In-House Financing Scheme
(Inner Lot)

PRICE STARTS AT PHP 1,630,000.00 AND UP
Total Contract Price Php 1,703,350.00
Typical Selling Price Php 1,630,000.00
Legal and Miscellaneous Fee Php 73,350.00
 
Monthly Equity Payment
Payablle within (12 months)with 0%
Php 31,612.50
Loanable Amount Php 1,304,000.00
DP/Equity Payment Php 399,350.00
Less:Reservation Fee Php 20,000.00
Net Equity Php 379,350.00
Monthly Amortization
(Exluding MRI/Fire)
6 years to pay with 18% interest Php 29,741.36
10 years to pay with 21% interest Php 26,071.09

Cash Payment Scheme

Inner Lot
legal and miscellaneous fees and reservation fee not included in the computation of the discount.
PRICE STARTS AT Php 1,260,000.00 AND UP
Typical Selling Price Php 1,630,000.00 
Less: Reservation Fee Php 20,000.00
Selling Price Net of Reservation Fee Php 1,610,000.00
10% Discount within 7 days from the date of reservation Php 1,499,000.00
9.5% Discount within 8 to 30 days from the date of reservation Php 1,457,050.00
9% Discount within 31 to 60 days from the date of reservation Php 1,465,100.00
8.5% Discount within 61 to 90 days from the date of reservation Php 1,473,150.00

Banking Financing Scheme


Inner lot

PRICE STARTS AT PHP 1,260,000.00 AND UP
Total Contract Price Php 1,760,400.00
Typical Selling Price Php 1,630,000.00
Legal and Miscellaneous Fee Php 130,400.00
 
Monthly Equity Payment
Payablle within (12 months)with 0%
Php 36,366.67
Loanable Amount Php 1,304,000.00
DP/Equity Payment Php 456,400.00
Less:Reservation Fee Php 20,000.00
Net Equity Php 436,400.00

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 28,028.05
10 years to pay with 10.5% interest Php 17,595.52
15 years to pay with 10.5% interest Php 14,414.40
20 years to pay with 10,5% interest Php 13,018.87
25 years to pay with 10,5% interest Php 12,312.13