Priscilla Heights Sample Computation, Phase 2
price updated as of AUGUST 22, 2010 until further notice
Blk - Lot
Model House #				#28 / #29	#23 /#25 / #26	#24	#23	#22	#21	#11	#15 /#17 / #19	#14 /#16 / #18
Lot Area				150sqm	150sqm	150sqm	150sqm			276sqm	150sqm	150sqm
Floor Area
House and Lot Cost				2,856,000	3,216,000	3,424,000	3,216,000	4,372,000	4,375,000	4,194,000	3,247,000	3,190,000
Processing Fee/Initial Documentation				7,000.00	7,000.00	7,000.00	7,000.00	7,000.00	7,000.00	7,000.00	7,000.00	7,000.00
Option 1 - Inhouse Financing
a)  30% Downpayment				856,800.00	964,800.00	1,027,200.00	964,800.00	1,311,600.00	1,312,500.00	1,258,200.00	974,100.00	957,000.00
Reservation				50,000.00	50,000.00	50,000.00	50,000.00	50,000.00	50,000.00	50,000.00	50,000.00	50,000.00
Downpayment Due				806,800.00	914,800.00	977,200.00	914,800.00	1,261,600.00	1,262,500.00	1,208,200.00	924,100.00	907,000.00
DP payable Monthly for 3 months				268,933.33	304,933.33	325,733.33	304,933.33	420,533.33	420,833.33	402,733.33	308,033.33	302,333.33
b) 30% Downpayment				856,800.00	964,800.00	1,027,200.00	964,800.00	1,311,600.00	1,312,500.00	1,258,200.00	974,100.00	957,000.00
Reservation				50,000.00	50,000.00	50,000.00	50,000.00	50,000.00	50,000.00	50,000.00	50,000.00	50,000.00
Downpayment Due				806,800.00	914,800.00	977,200.00	914,800.00	1,261,600.00	1,262,500.00	1,208,200.00	924,100.00	907,000.00
Less: 3% Rebate if full downpayment				(25,704.00)	(28,944.00)	(30,816.00)	(28,944.00)	(39,348.00)	(39,375.00)	(37,746.00)	(29,223.00)	(28,710.00)
Downpayment Due in 7days				831,096.00	935,856.00	996,384.00	935,856.00	1,272,252.00	1,273,125.00	1,220,454.00	944,877.00	928,290.00
70% Balance				1,999,200.00	2,251,200.00	2,396,800.00	2,251,200.00	3,060,400.00	3,062,500.00	2,935,800.00	2,272,900.00	2,233,000.00
1 yr.- 0% int./annum				166,600.00	187,600.00	199,733.33	187,600.00	255,033.33	255,208.33	244,650.00	189,408.33	186,083.33
2 yrs. - 15% int./annum				96,934.51	109,153.15	116,212.80	109,153.15	148,388.54	148,490.37	142,347.11	110,205.31	108,270.69
3 yrs. - 15% int./annum				69,302.93	78,038.59	83,085.86	78,038.59	106,089.78	106,162.57	101,770.48	78,790.83	77,407.68
c) MRI per year				TBA	TBA	TBA	TBA	TBA	TBA	23,000.00	17,468.94	17,162.28
Option 2 - Bank Financing
a)  20% Downpayment				571,200.00	643,200.00	684,800.00	643,200.00	874,400.00	875,000.00	838,800.00	649,400.00	638,000.00
Less: reservation				50,000.00	50,000.00	50,000.00	50,000.00	50,000.00	50,000.00	50,000.00	50,000.00	50,000.00
Downpayment Balance				521,200.00	593,200.00	634,800.00	593,200.00	824,400.00	825,000.00	788,800.00	599,400.00	588,000.00
Payable in 6 months, monthly of				86,866.67	197,733.33	211,600.00	197,733.33	274,800.00	275,000.00	262,933.33	199,800.00	196,000.00
b) 80% estinated loanable amount				2,284,800.00	2,572,800.00	2,739,200.00	2,572,800.00	3,497,600.00	3,500,000.00	3,355,200.00	2,597,600.00	2,552,000.00
est. monthly ammortization for 5 yrs				48,545.25	54,664.40	58,199.90	54,664.40	74,313.66	74,364.66	71,288.08	55,191.32	54,222.46
est. monthly ammortization for 10 yrs				31,473.12	35,440.32	37,732.48	35,440.32	48,179.44	48,212.50	46,217.88	35,781.94	35,153.80
est. monthly ammortization for 15 yrs				27,055.03	30,465.33	32,435.73	30,465.33	41,416.18	41,444.60	39,729.98	30,759.00	30,219.03
Transfer of Title Fee				TBA	TBA	TBA	TBA	TBA	TBA	125,132.00	96,809.00	95,228.00
SPOT CASH DUE within 7days										3,912,648.00	3,071,073.00	3,015,498.00
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
* TBA - To be Advised
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)