Monday, January 4, 2010

Marvela House Model and Sample Computation










Property Type: Single Firewall

Features: 2 bedrooms, 1 Toilet & Bath, Provision for parking and service area

Floor Area: 52 sq. m. (560 sq. ft.)

Min. Lot Area: 77 sq. m. (829 sq. ft.)

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

Status: NRFO *

Price starts at Php 1,435,264

* NRFO = For Construction; RFO = Constructed

House Model: Marvela
Location: Gardens of Portico Subd., Cagayan De Oro, Philippines
Floor Area: 52 sq. m.
Lot Area: 77 sq. m.
Total Contract Price: 1,435,264

SAMPLE COMPUTATION

Option 1: No Down, No Interest (2 years to pay)
Reservation Fee: 20,000
Balance After Reservation Fee: 1,415,264
Monthly Amortization (x 24 months): 58,970

Option 2: Bank Financing 20% Down
Downpayment: 287,053
Reservation Fee: 20,000
Balance of D/P After Reservation Fee: 267,053
Monthly Amortization (x 12 month(s)): 22,254
Amount For Bank Financing: 1,435,264
Monthly Amortization
5 years: 31,207
10 years: 19,771
15 years: 16,314
20 years: 14,815

Option 3: In-house Financing 20% Down
Downpayment: 287,053
Reservation Fee: 20,000
Balance of D/P After Reservation Fee: 267,053
Monthly Amortization (x 12 month(s)): 22,255
Amount For In-house Financing: 1,435,264
Monthly Amortization
5 years: 37,232
10 years: 26,793

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

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