Floor Area:
|
110 sqm.
|
Lot Area:
|
132 sqm.
|
Total Contract Price:
|
5,182,600
|
Reservation Fee:
|
50,000
|
Sample Computation
|
|
Option 1: No
Downpayment , No Interest ( 2years to pay)
|
|
Balance After Reservation Fee:
|
5,132,600
|
Monthly Amortization (x 24 months)
|
213,859
|
Option 2: Bank
Financing
|
|
15% Downpayment
|
777,390
|
Balance of D/P After Reservation Fee:
|
727,390
|
Monthly Equity ( x 18 mos(s))
|
40,411
|
85% Bank Financing:
|
4,405,210
|
Monthly Amortization
|
|
5 years:
|
89,322
|
10 years:
|
53,440
|
15 years:
|
42,099
|
20 years ( locally employed):
|
36,847
|
Notes:
|
|
1) Monthly
amortization should not exceed 30% of applicant's gross monthly income (for
bank financing).
|
|
FATIMA MODEL
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