Monday, January 4, 2010

Carmela House Model and Sample Computation










Property Type: Single Firewall

Features: 3 Bedrooms, 2 Toilet & Baths, Balcony, Carport, Provision for service area

Floor Area: 64 sq. m. (689 sq. ft.)

Min. Lot Area: 104 sq. m. (1,119 sq. ft.)

Location: Gardens of Portico Subd., Cagayan De Oro, Philippines

Status: NRFO *

Price starts at Php 2,019,585

* NRFO = For Construction; RFO = Constructed

House Model: Carmela
Location: Gardens of Portico Subd., Cagayan De Oro, Philippines
Floor Area: 64 sq. m.
Lot Area: 104 sq. m.
Total Contract Price: 2,019,585

SAMPLE COMPUTATION

Option 1: No Down, No Interest (2 years to pay)
Reservation Fee: 20,000
Balance After Reservation Fee: 1,999,585
Monthly Amortization (x 24 months): 83,317

Option 2: Bank Financing 20% Down
Downpayment: 403,917
Reservation Fee: 20,000
Balance of D/P After Reservation Fee: 383,917
Monthly Amortization (x 12 month(s)): 31,993
Amount For Bank Financing: 2,019,585
Monthly Amortization
5 years: 43,911
10 years: 27,820
15 years: 22,955
20 years: 20,846

Option 3: In-house Financing 20% Down
Downpayment: 403,917
Reservation Fee: 20,000
Balance of D/P After Reservation Fee: 383,917
Monthly Amortization (x 12 month(s)): 31,994
Amount For In-house Financing: 2,019,585
Monthly Amortization
5 years: 52,390
10 years: 37,700

Note: Sample computation only. Price may change without prior notice.

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