Sample Computations Montefaro Estates

Claire House Model

In-House Financing Scheme
(Inner Lot)

PRICE STARTS AT PHP 2,731,000.00 AND UP
Total Contract Price Php 2,853,895.00
Typical Selling Price Php 2,731,000.00
Legal and Miscellaneous Fee Php 122,895.00
 
Monthly Equity Payment
Payablle within (12 months)with 0%
Php 53,257.91
Loanable Amount Php 2,184,800.00
DP/Equity Payment Php 669,095.00
Less:Reservation Fee Php 30,000.00
Net Equity Php 639,095.00
Monthly Amortization
(Exluding MRI/Fire)
6 years to pay with 18% interest Php 49,830.46
10 years to pay with 21% interest Php 26,681.07

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 2,731,000.00
Less: Reservation Fee Php 30,000.00
Selling Price Net of Reservation Fee Php 2,701,000.00
10% Discount within 7 days from the date of reservation Php 2,430,900.00
9.5% Discount within 8 to 30 days from the date of reservation Php 2,444,405.00
9% Discount within 31 to 60 days from the date of reservation Php 2,457,910.00
8.5% Discount within 61 to 90 days from the date of reservation Php 2,471,415.00

Banking Financing Scheme


Inner lot

PRICE STARTS AT PHP 1,564,000.00 AND UP
Total Contract Price Php 2,949,480.00
Typical Selling Price Php 2,731,000.00
Legal and Miscellaneous Fee Php 218,480.00
 
Monthly Equity Payment
Payablle within (12 months)with 0%
Php 61,223.33
Loanable Amount Php 2,184,800.00
DP/Equity Payment Php 764,680.00
Less:Reservation Fee Php 30,000.00
Net Equity Php 734,680.00

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 46,959.87
10 years to pay with 10.5% interest Php 29,480.59
15 years to pay with 10.5% interest Php 24,150.75
20 years to pay with 10,5% interest Php 21,812.60
25 years to pay with 10,5% interest Php 20,628.48