Sample Computations for Carmona Estates

Oakwood B House Model

In-House Financing Scheme
(Inner Lot)

PRICE STARTS AT PHP 1,625,000.00 AND UP
Total Contract Price Php 1,698,125.00
Typical Selling Price Php 1,625,000.00
Legal and Miscellaneous Fee Php 73,125.00
 
Monthly Equity Payment
Payablle within (12 months)with 0%
Php 25,208.33
Loanable Amount Php 1,300,000.00
DP/Equity Payment Php 398,125.00
Less:Reservation Fee Php 20,000.00
Net Equity Php 378,125.00
Monthly Amortization
(Exluding MRI/Fire)
6 years to pay with 18% interest Php 29,650.13
10 years to pay with 21% interest Php 25,991.12

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 1,625,000.00
Less: Reservation Fee Php 20,000.00
Selling Price Net of Reservation Fee Php 1,605,000.00
10% Discount within 7 days from the date of reservation Php 1,444,500.00
9.5% Discount within 8 to 30 days from the date of reservation Php 1,452,520.00
9% Discount within 31 to 60 days from the date of reservation Php 1,460,550.00
8.5% Discount within 61 to 90 days from the date of reservation Php 1,480,575.00

Banking Financing Scheme


Inner lot

PRICE STARTS AT PHP 1,564,000.00 AND UP
Total Contract Price Php 1,755,000.00
Typical Selling Price hp 1,625,000.00
Legal and Miscellaneous Fee Php 130,000.00
 
Monthly Equity Payment
Payablle within (15 months)with 0%
Php 20,333.33
Loanable Amount Php 1,430,000.00
DP/Equity Payment Php 325,000.00
Less:Reservation Fee Php 20,000.00
Net Equity Php 305,000.00
MRI Php 536
Fire Php 197

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 30,736.28
10 years to pay with 10.5% interest Php 20,029.63
15 years to pay with 10.5% interest Php 16,541.20
20 years to pay with 10,5% interest Php 15,010.83
25 years to pay with 10,5% interest Php 13,501.80

Monthly Amortization

Familly Gross Income



5 years to pay with 10.5% interest Php 104,900.69
10 years to pay with 10.5% interest Php 66,765.44
15 years to pay with 10.5% interest Php 55,137.11
20 years to pay with 10,5% interest Php 50,035.87