Sample Computation
Lot Area 200
Price/sqm P5,500.00
Total Contract Price P1,100,000.00
20% Downpayment P220,000.00
Less: Reservation P10,000.00
Discount Outright (20%) P44,000.00
Net Downpayment P166,000.00
80% Balance P880,000.00
Monthly - 5 years
1st yr. no interest P14,666.67/mo
2nd-5th year @ 14% int.p/a P19,240.32/mo
Monthly - 10 yrs
1st yr. no interest P7,333.33/mo
2nd - 10th year @ 14% int.p/a P12,933.36/mo
2 yrs. to pay @ 0% int. P36,666.67/mo
DIVISION 12 Area 1217
|
