Sample Computations for Montefaro Estate
Silver Crest (Redwood House Model)
Banking Scheme
(Inner Lot)
PRICE STARTS AT PHP 1,925,000.00 AND UP
| Total Contract Price |
Php 2,079,000.00 |
| Typical Selling Price |
Php 1,925,000.00 |
| Legal and Miscellaneous Fee |
Php 154,000.00 |
Monthly Equity Payment
Payable within (12 months)with 0% |
Php 30,416.67 |
| Loanable Amount |
Php 1,694,000.00 |
| DP/Equity Payment |
Php 385,000.00 |
| Less:Reservation Fee |
Php 20,000.00 |
| Net Equity |
Php 365,000 |
| MRI Equity |
Php 632.250 |
| Fire Equity |
Php 148.548 |
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 37,194.47 |
| 10 years to pay with 10.5% interest |
Php 23,641.79 |
| 15 years to pay with 10.5% interest |
Php 19,509.26 |
| 20 years to pay with 10,5% interest |
Php 17,696.35 |