| ALTA MONTE COMPUTATION | ||||||||||||
| This pricelist is updated as of January 24, 2012, until further notice (price increase on February 1, 2012) | ||||||||||||
| SAMPLE COMPUTATION | Regular Commercial Lot | INNER Residential Lot | CORNER Residential Lot | CORNER Residential Lot | ||||||||
| PHASE 1 | PHASE 2 | PHASE 2 | PHASE 2 | |||||||||
| Block : Lot # | Block 4 Lot 4 | |||||||||||
| 1 lot left | ||||||||||||
| Lot Size (sqm) - | 300 | 150 | 168 | 221 | ||||||||
| Price per sqm (php) | 4,400.00 | 4,100.00 | 4,300.00 | 4,100.00 | ||||||||
| Total Contract Price | 1,320,000.00 | 615,000.00 | 722,400.00 | 906,100.00 | ||||||||
| New Total Contract Price | 1,320,000.00 | 615,000.00 | 722,400.00 | 906,100.00 | ||||||||
| Scheme #1 | ||||||||||||
| 15% DP | 198,000.00 | 92,250.00 | 108,360.00 | 135,915.00 | ||||||||
| Less: Reservation fee | 20,000.00 | 20,000.00 | 20,000.00 | 20,000.00 | ||||||||
| Net Downpayment | 178,000.00 | 72,250.00 | 88,360.00 | 115,915.00 | ||||||||
| Monthly DP in 6months | 29,666.67 | 12,041.67 | 14,726.67 | 19,319.17 | ||||||||
| 85% Balance | 1,122,000.00 | 522,750.00 | 614,040.00 | 770,185.00 | ||||||||
| 5 years, 18%, (0.02539) | 0.03 | 28,487.58 | 13,272.62 | 15,590.48 | 19,555.00 | |||||||
| 10 years, 18%, (0.01802) | 0.02 | 20,218.44 | 9,419.96 | 11,065.00 | 13,878.73 | |||||||
| Scheme #2 | ||||||||||||
| 20% to 50% outright DP, payable in 7days with 10% disc., 30days with 7% disc, 60days with 5% disc. | ||||||||||||
| 20% DP | 264,000.00 | 123,000.00 | 144,480.00 | 181,220.00 | ||||||||
| Less 10% discount if paid in 7days | (26,400.00) | (12,300.00) | (14,448.00) | (18,122.00) | ||||||||
| Less Reservation Fee | (20,000.00) | (20,000.00) | (20,000.00) | (20,000.00) | ||||||||
| Net Downpayment | 217,600.00 | 90,700.00 | 110,032.00 | 143,098.00 | ||||||||
| 80% balance | 1,056,000.00 | 492,000.00 | 577,920.00 | 724,880.00 | ||||||||
| 5 years payment term | ||||||||||||
| 1st year, NO INTEREST | 17,600.00 | 8,200.00 | 9,632.00 | 12,081.33 | ||||||||
| 2nd to 5th yr at 18% | 24,820.22 | 11,563.97 | 13,583.43 | 17,037.58 | ||||||||
| 10 years payment term | ||||||||||||
| 1st year, NO INTEREST | 8,800.00 | 4,100.00 | 4,816.00 | 6,040.67 | ||||||||
| 2nd to 10th yr at 14% | 17,829.50 | 8,306.93 | 9,757.60 | 12,238.87 | ||||||||
| Scheme #3 | ||||||||||||
| No reservation, no dowpayment | 55,000.00 | 25,625.00 | 30,100.00 | 37,754.17 | ||||||||
| TCP payable in 2 yrs no interest | ||||||||||||
| 10% retention upon issuance of tile if 90% CASH payment is availed | ||||||||||||
| Cash Sales | ||||||||||||
| 90% of TCP | 1,188,000.00 | 553,500.00 | 650,160.00 | 815,490.00 | ||||||||
| Less: 12% Discount (savings) | 142,560.00 | 66,420.00 | 78,019.20 | 97,858.80 | ||||||||
| Net Cash payment | 1,045,440.00 | 487,080.00 | 572,140.80 | 717,631.20 | ||||||||
| 10% balance of TCP | 132,000.00 | 61,500.00 | 72,240.00 | 90,610.00 | ||||||||
| For spotcash buyers, this 10% balance of TCP | ||||||||||||
| will be paid upon availability of the title in 1 & | ||||||||||||
| a half to 2 yrs. | ||||||||||||
| Net Cash Sales or TCP | 1,177,440.00 | 548,580.00 | 644,380.80 | 808,241.20 | ||||||||
| Cash Sales (if title is ready on certain block & lot#) | ||||||||||||
| 100% of TCP | 1,320,000.00 | 615,000.00 | 722,400.00 | 906,100.00 | ||||||||
| Less: 12% Discount (savings) | 158,400.00 | 73,800.00 | 86,688.00 | 108,732.00 | ||||||||
| Net Cash payment | 1,161,600.00 | 541,200.00 | 635,712.00 | 797,368.00 | ||||||||
| *Price Subject to change without prior notice | ||||||||||||
| *Plus: Transfer & miscellaneous fees, now pegged at 6.5% per title | ||||||||||||
| Prepared by: Realtor Dinah Perez-Patrimonio, 63-9067290616 / 09427001888 | ||||||||||||
| atedhines@gmail.com | ||||||||||||
| www.davaoestate.com | ||||||||||||