Monday, January 4, 2010

Elaisa Model House and Sample Computation





Property Type: Single Firewall

Features: 4 Bedrooms (Master's BR at Ground Floor), Maid's Room, 1 Common T&B, Master's T&B, Powder Room, Balcony, Carport, Provision for Laundry Area

Floor Area: 96 sq. m. (1,033 sq. ft.)

Min. Lot Area: 110 sq. m. (1,184 sq. ft.)

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

Status: NRFO *

Price starts at Php 2,655,461

* NRFO = For Construction; RFO = Constructed

House Model: Elaisa
Location: Gardens of Portico Subd., Cagayan De Oro, Philippines
Floor Area: 96 sq. m.
Lot Area: 110 sq. m.
Total Contract Price: 2,655,461

SAMPLE COMPUTATION

Option 1: No Down, No Interest (2 years to pay)
Reservation Fee: 20,000
Balance After Reservation Fee: 2,635,461
Monthly Amortization (x 24 months): 109,811

Option 2: Bank Financing 20% Down
Downpayment: 531,092
Reservation Fee: 20,000
Balance of D/P After Reservation Fee: 511,092
Monthly Amortization (x 12 month(s)): 42,591
Amount For Bank Financing: 2,655,461
Monthly Amortization
5 years: 57,737
10 years: 36,579
15 years: 30,182
20 years: 27,410

Option 3: In-house Financing 20% Down
Downpayment: 531,092
Reservation Fee: 20,000
Balance of D/P After Reservation Fee: 511,092
Monthly Amortization (x 12 month(s)): 42,592
Amount For In-house Financing: 2,655,461
Monthly Amortization
5 years: 68,885
10 years: 49,571

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

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