SAMPLE COMPUTATION

 

HOUSE MODEL

 PAYMENT SCHEME

BANK-FINANCING

 

IN-HOUSE FINANCING

 PINES TOWNHOUSE

 12.5% DP

 24 MONTHS DP

 SELLING PRICE

 Php 1,200,000.00

 Php 1,200,000.00

 Add: Legal and Misc. Fees

 Php 96,000.00 (8%)

 Php 54,000.00 (4.5%)

 TOTAL CONTRACT PRICE

 Php 1,296,000.00

 Php 1,254,000.00

 DOWN-PAYMENT

 Php 162,000.00 (12.5%)

 Php 376,200.00 (30%)

 LESS: RESERVATION

 Php 10,000.00

 Php 10,000.00

 NET DOWN PAYMENT

 Php 152,000.00

 Php 366,200.00

 MONTHLY DP

 Php 10,133.33 (15 mos.)

 Php 15,258.33 (24 mos.)

 LOANABLE AMOUNT

 Php 1,134,000.00 (87.5%)

 Php 877,800.00 (70%)

 MONTHLY MORTIZATION @ 10% (PREVAILING BANK RATES WILL APPLY)

 20 YEARS

 Php 11,499.23

 15 YEARS

 Php 12,741.91

 10 YEARS

 Php 15,541.78

 Php 18,009.87 (21% int.)

 05 YEARS

 Php 24,650.03

 Php 22,750.16 (18% int.)

Remarks:

  •  MRI and FIRE Insurances are included
  • Bank max loan term for OFW is 15 or 20 years, While for Locally Employed is up to 20 or 25 years depending on the assigned Bank.
  • For Client’s convenience, this is a developer-assisted Bank Loan – Metrobank, UCPB or BDO. No Minimum Net Disposable Income (NDI) is required.
  • Max age on loan maturity for OFW is 60 yrs, While LOCAL is 65 yrs.
  • Transfer Fees are included for BANK FINANCING 8% LMF. Transfer Fees are not yet included for IN-HOUSE FINANCING 4.5% LMF.
  • House Prices and Bank Policies are subject to change without prior notice, please confirm with your assisting Agent.

COME, VISIT & RESERVE YOUR UNIT NOW..!

FREE TRIPPING DAILY..FIRST COME, FIRST SERVE! THANKS ! HAPPY INVESTING..!

JERWIN LUNA

GLOBE – +63906.647.4537

SUN – +63923.877.5862

thebest_homes@ymail.com

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WEB SITE: WWW.MYBETTERHOMES.WORDPRESS.COM

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