Floor Area:
|
65 sqm.
|
Lot Area:
|
100 sqm.
|
Total Contract Price:
|
3,313,293
|
Reservation Fee:
|
30,000
|
Sample Computation
|
|
Option 1: No
Downpayment , No Interest ( 2years to pay)
|
|
Balance After Reservation Fee:
|
3,283,293
|
Monthly Amortization (x 24 months)
|
136,804
|
Option 2: Bank
Financing
|
|
15% Downpayment
|
496,994
|
Balance of D/P After Reservation Fee:
|
466,994
|
Monthly Equity ( x 18 mos(s))
|
25,944
|
85% Bank Financing:
|
2,816,299
|
Monthly Amortization
|
|
5 years:
|
57,105
|
10 years:
|
34,170
|
15 years:
|
26,915
|
20 years ( locally employed):
|
23,557
|
Notes:
|
|
1) Monthly
amortization should not exceed 30% of applicant's gross monthly income (for
bank financing).
|
|
CARMELA MODEL
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