| Priscilla Heights Sample Computation | |||||||||
| price updated as of AUGUST 22, 2010 until further notice | |||||||||
| Blk - Lot | 2-storey | ||||||||
| Model House # | 50 | 35 / 40 | 43 / 44 | ||||||
| Lot Area | 150sqm | 150sqm | 150sqm | ||||||
| Floor Area | 68sqm | 133.40sqm | |||||||
| House and Lot Cost | 3,349,000 | 3,118,000 | 5,966,000 | ||||||
| Processing Fee/Initial Documentation | 7,000.00 | 7,000.00 | 7,000.00 | ||||||
| Option 1 - Inhouse Financing | |||||||||
| a) 30% Downpayment | 1,004,700.00 | 935,400.00 | 1,789,800.00 | ||||||
| Reservation | 50,000.00 | 50,000.00 | 50,000.00 | ||||||
| Downpayment Due | 954,700.00 | 885,400.00 | 1,739,800.00 | ||||||
| Downpayment payable Monthly for 6 months | 159,116.67 | 147,566.67 | 289,966.67 | ||||||
| b) 30% Downpayment | 1,004,700.00 | 935,400.00 | 1,789,800.00 | ||||||
| Reservation | 50,000.00 | 50,000.00 | 50,000.00 | ||||||
| Downpayment Due | 954,700.00 | 885,400.00 | 1,739,800.00 | ||||||
| Less: 3% Rebate if full downpayment | (30,141.00) | (28,062.00) | (53,694.00) | ||||||
| Downpayment Due in 7days | 974,559.00 | 907,338.00 | 1,736,106.00 | ||||||
| c) MRI per year | TBA | 19,171.33 | 36,682.54 | ||||||
| 70% Balance | 2,344,300.00 | 2,182,600.00 | 4,176,200.00 | ||||||
| 1 yr.- 0% int./annum | 195,358.33 | 181,883.33 | 348,016.67 | ||||||
| 2 yrs. - 15% int./annum | 113,667.25 | 105,826.96 | 202,489.95 | ||||||
| 3 yrs. - 15% int./annum | 81,265.93 | 75,660.55 | 144,769.35 | ||||||
| Option 2 - Bank Financing | |||||||||
| a) 20% Downpayment | 669,800.00 | 623,600.00 | 1,193,200.00 | ||||||
| Less: reservation | 50,000.00 | 50,000.00 | 50,000.00 | ||||||
| Downpayment Balance | 619,800.00 | 573,600.00 | 1,143,200.00 | ||||||
| Payable in 6 months, monthly of | 206,600.00 | 191,200.00 | 381,066.67 | ||||||
| b) 80% estinated loanable amount | 2,679,200.00 | 2,494,400.00 | 4,772,800.00 | ||||||
| estimated monthly ammortization for 5 years | 56,925.08 | 52,998.63 | 101,407.89 | ||||||
| estimated monthly ammortization for 10 years | 36,905.98 | 34,360.36 | 65,745.33 | ||||||
| estimated monthly ammortization for 15 years | 31,725.25 | 29,536.97 | 56,516.22 | ||||||
| Transfer of Title Fee | TBA | 91,919.00 | 171,828.00 | ||||||
| If terms...MRI together with dp | |||||||||
| Note: *Total contract price does not include Mortgage Redemption Insurance / fire Insurance and transfer of title. | |||||||||
| * All payments covered by Post Dated Checks (PDC) | |||||||||
| * Price subject to change without prior notice | |||||||||
| Prepared by: REALTOR DINAH PEREZ-PATRIMONIO, DTI Lic. # XI-06-417N | |||||||||
| www.davaoestate.com | |||||||||
| atedhines@gmail.com | |||||||||
| Mobile No. 63-928-5001254(smart), 09239019901(sun) | |||||||||
| Landline: 082-2863670 (direct land line) | |||||||||