Floor Area:
|
166 sqm.
|
Lot Area:
|
192 sqm.
|
Total Contract Price:
|
7,473,787
|
Reservation Fee:
|
50,000
|
Sample Computation
|
|
Option 1: No
Downpayment , No Interest ( 2years to pay)
|
|
Balance After Reservation Fee:
|
7,423,787
|
Monthly Amortization (x 24 months)
|
309,325
|
Option 2: Bank
Financing
|
|
15% Downpayment
|
1,121,068
|
Balance of D/P After Reservation Fee:
|
1,071,068
|
Monthly Equity ( x 18 mos(s))
|
59,504
|
85% Bank Financing:
|
6,352,719
|
Monthly Amortization
|
|
5 years:
|
128,811
|
10 years:
|
77,077
|
15 years:
|
60,710
|
20 years ( locally employed):
|
53,137
|
Notes:
|
|
1) Monthly
amortization should not exceed 30% of applicant's gross monthly income (for
bank financing).
|
|
GAVINA MODEL
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