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| Price updated as of September 3, 2008 | |||||||||||||
| SAMPLE COMPUTATION | |||||||||||||
| ONE LOT PURCHASE | |||||||||||||
| Lot Size (sqm) - INNER | 150 | 150 | 300 | 150 | |||||||||
| Price per sqm (php) | 5,200.00 | 5,200.00 | 5,200.00 | 5,200.00 | |||||||||
| Total Contract Price | 780,000.00 | 780,000.00 | 1,560,000.00 | 780,000.00 | |||||||||
| Corner Lot Price per sqm - P5,400.00 | |||||||||||||
| New Total Contract Price | 1,560,000.00 | 780,000.00 | |||||||||||
| Scheme #1 | |||||||||||||
| 15% DP | 234,000.00 | 117,000.00 | |||||||||||
| Less: Reservation fee | 40,000.00 | 20,000.00 | |||||||||||
| Net Downpayment | 194,000.00 | 97,000.00 | |||||||||||
| 85% Balance | 1,326,000.00 | 663,000.00 | |||||||||||
| 5-yr payment term | |||||||||||||
| 1st yr 0% (int) | FACTOR RATE | 22,100.00 | 11,050.00 | ||||||||||
| 2nd to 5th yr (18% int) | 0.02938 | 31,166.30 | 15,583.15 | ||||||||||
| 10-yr payment term | |||||||||||||
| 1st yr 0% (int) | 11,050.00 | 5,525.00 | |||||||||||
| 2nd to 10th yr (18% int) | 0.01876 | 22,388.18 | 11,194.09 | ||||||||||
| Scheme #2 | |||||||||||||
| 20% DP | 312,000.00 | 156,000.00 | |||||||||||
| Less 10% discount if paid in 7days | (31,200.00) | ||||||||||||
| Net Downpayment | 280,800.00 | 156,000.00 | |||||||||||
| 80% balance | 1,248,000.00 | 624,000.00 | |||||||||||
| Monthly ammo. In 2 yr (0% int) | 52,000.00 | 26,000.00 | |||||||||||
| Scheme #3 | |||||||||||||
| 51% to 90% CASH PAYMENT | |||||||||||||
| 51% downpayment | 795,600.00 | 397,800.00 | |||||||||||
| Less: 12% disc if paid in 7days | 95,472.00 | 47,736.00 | |||||||||||
| Net Cash payment | 700,128.00 | 350,064.00 | |||||||||||
| 49% Balance | 764,400.00 | 382,200.00 | |||||||||||
| Monthly ammo. In 2 yr (0% int) | 31,850.00 | 15,925.00 | |||||||||||
| Scheme #4 | |||||||||||||
| No reservation, no dowpayment | 65,000.00 | 32,500.00 | |||||||||||
| TCP payable in 2 yrs no interest | |||||||||||||
| 10% retention upon issuance of tile if 90% CASH payment is availed | |||||||||||||
| Cash Sales | |||||||||||||
| 90% of TCP | 1,404,000.00 | 702,000.00 | |||||||||||
| Less: 12% Discount (savings) | 168,480.00 | 84,240.00 | |||||||||||
| Net Cash payment | 1,235,520.00 | 617,760.00 | |||||||||||
| 10% balance of TCP | 156,000.00 | 78,000.00 | |||||||||||
| 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 | 1,391,520.00 | 695,760.00 | |||||||||||
| *Price Subject to change without prior notice | |||||||||||||
| *Plus: Transfer & miscellaneous fees | |||||||||||||
| Prepared by: Dinah Soja, 63-9285001254 | |||||||||||||