| MAGALLANES RESIDENCES CONDOMINIUM | ||||||||
| facing BOLTON SIDE | ||||||||
| Unit Number | 604 | |||||||
| Unit Code | 6BS-2 | |||||||
| Area (sqm) | 24 | |||||||
| Balcony Area(sqm) | 3.6 | |||||||
| Drying Cage Area (sqm) | - | |||||||
| Total Area (sqm) | 27.6 | |||||||
| Optional: Parking Space | ||||||||
| Total New Selling Price | 1,666,250.00 | |||||||
| Discounted Purchase Price | 1,666,250.00 | |||||||
| Option 1 - SPOT CASH | ||||||||
| If Spot Cash (within 7days), discount of 7.5% | (124,968.75) | |||||||
| Reservation Fee | (50,000.00) | |||||||
| Spot Cash Payment due in 7days | 1,491,281.25 | |||||||
| If Spot Cash (within 30days), discount of 4% | (66,650.00) | |||||||
| Reservation Fee | (50,000.00) | |||||||
| Spot Cash Payment due in 30 days | 1,549,600.00 | |||||||
| Option 2 - No Downpayment, No reservation, Straight monthly | ||||||||
| Total Selling Price | 5% | 1,666,250.00 | 5% | |||||
| 2 year, 12% int. pa | 0.047 | 78,436.22 | 0.047074 | |||||
| 3 year, 13% int. pa | 0.034 | 56,142.63 | 0.033694 | |||||
| 5 year, 15% int. pa | 0.024 | 39,639.92 | 0.02379 | |||||
| 6 year, 16% int. pa | 0.022 | 36,143.96 | 0.021692 | |||||
| Option 3 - 10% Downpayment in 3mos. | ||||||||
| 10% Downpayment | 166,625.00 | |||||||
| with 7.5% discount on DP | (12,496.88) | |||||||
| Net After Downpayment | 154,128.13 | |||||||
| Reservation | (50,000.00) | |||||||
| Net Downpayment after reservation fee | 104,128.13 | |||||||
| OR, DP can be paid in 3 equal months | 34,709.38 | |||||||
| FACTOR | FACTOR | |||||||
| 90% balance for ammortization | 10% | 1,499,625.00 | 10% | |||||
| 1 years, 7% | ##### | 129,757.60 | ######## | |||||
| 2 years, 14% | ##### | 72,001.35 | ######## | |||||
| 3 years, 15% | 0.035 | 51,984.95 | 0.034665 | |||||
| 5 years, 17% | 0.025 | 37,269.58 | 0.024853 | |||||
| 7 years, 18.5% | 0.021 | 31,959.86 | 0.021312 | |||||
| 10 years, 19% | 0.019 | 27,993.80 | 0.018667 | |||||
| Option 4 - 20% Downpayment in 3mos. | ||||||||
| 20% Downpayment | 333,250.00 | |||||||
| with 7.5% discount on DP | (24,993.75) | |||||||
| Net After Downpayment | 308,256.25 | |||||||
| Reservation | (50,000.00) | |||||||
| Net Downpayment after reservation fee | 258,256.25 | |||||||
| OR, DP can be paid in 3 equal months | 86,085.42 | |||||||
| 80% balance for ammortization | 20% | 1,333,000.00 | 20% | |||||
| 1 years, 6% | 0.086 | 114,726.51 | 0.086066 | |||||
| 2 years, 13% | 0.048 | 63,373.22 | 0.047542 | |||||
| 3 years, 14% | 0.034 | 45,558.74 | 0.034178 | |||||
| 5 years, 16% | 0.024 | 32,416.03 | 0.024318 | |||||
| 7 years, 18% | 0.021 | 28,016.73 | 0.021018 | |||||
| 10 years, 18.5% | 0.018 | 24,449.49 | 0.018342 | |||||
| Option 5 - 30% Downpayment in 3mos. | ||||||||
| 30% Downpayment | 499,875.00 | |||||||
| with 7.5% discount on DP | (37,490.63) | |||||||
| Net After Downpayment | 462,384.38 | |||||||
| Reservation | (50,000.00) | |||||||
| Net Downpayment after reservation fee | 412,384.38 | |||||||
| OR, DP can be paid in 3 equal months | 137,461.46 | |||||||
| 70% balance for ammortization | 30% | 1,166,375.00 | 30% | |||||
| 1 years, 6% | ##### | 100,385.70 | ######## | |||||
| 2 years, 12.5% | ##### | 55,178.05 | ######## | |||||
| 3 years, 13.5% | 0.034 | 39,581.29 | 0.033935 | |||||
| 5 years, 15.5% | 0.024 | 28,055.05 | 0.024053 | |||||
| 7 years, 17.5% | 0.021 | 24,174.05 | 0.020726 | |||||
| 10 years, 18% | 0.018 | 21,016.33 | 0.018019 | |||||
| Post-dated checks are required for the DP and the Balance of the Contract, Doc Stamp, | ||||||||
| Transfer fee and Miscellaneous Fees for the Transfer of the title are for the account of the BUYER. | ||||||||
| Interest Rates above is fixed for a maximum period of 5yrs from first ammortization of either downpayment or balance | ||||||||
| In general, amortization of downpayment and principal are interest free provided is payable in not more than 3 months. | ||||||||
| For low downpayment of 10% payable over a maximum of 12months, no interest is charge on the downpayment. The | ||||||||
| Balance however, is payable with interest until the full downpayment is paid | ||||||||
| Computation made and prepared by: | ||||||||
| REALTOR DINAH PEREZ PATRIMONIO-LARUGA | ||||||||
| Licensed Real Estate Broker | ||||||||
| DTI XI-06-417(N) | ||||||||
| CONTACT DETAILS BELOW: | ||||||||
| USA clients call us @ #1 (646) 808 3295 | ||||||||
| UK clients call us @ # 44 (20) 85883060 | ||||||||
| Phil: Mobile (SMART)#63-928 5001254 | ||||||||
| Phil: Mobile (SUN)#63-923 9019906 | ||||||||
| Phil: Landphone (SPAN): #63-82 3015701 | ||||||||
| Member of DBRFI (Davao Board of Realtors Foundation, Inc.) | ||||||||
| NEW OFFICE ADDRESS: Door 12 MTS - Matina Town Square, Matina, DC | ||||||||
| Email: atedhines@gmail.com | ||||||||