VILLA MERCEDITA SAMPLE COMPUTATION
Block / Lot # :
PHASE :
Lot Category : 2lots
Area in sqm : 110 154 220
Price per sqm (Php) :               5,980.00                 5,980.00                 5,980.00
Total List Price :            657,800.00             920,920.00           1,315,600.00
Registration (5%) :              32,890.00               46,046.00               65,780.00
E-VAT (12%), if lot is 1.5M and above :
Total Contract Price            690,700.00             967,000.00           1,381,400.00
SPOT CASH (UPFRONT) with 8% discount
   Total List Price  :            657,800.00             920,920.00           1,315,600.00
   Less: 8% discount  :              52,624.00               73,673.60             105,248.00
   Net Selling Price :            605,176.00             847,246.40           1,210,352.00
   RF/E-vat :              30,258.80               42,362.32               60,517.60
   New Total Contract Price :            635,434.80             889,608.72           1,270,869.60
   Reservation FEE :              20,000.00               20,000.00               40,000.00
SPOT CASH (30DAYS) WITH 5% discount
   Total List Price  :            657,800.00             920,920.00           1,315,600.00
   Less: 5% discount  :              32,890.00               46,046.00               65,780.00
   Net Selling Price :            624,910.00             874,874.00           1,249,820.00
   RF/E-vat :              31,245.50               43,743.70               62,491.00
   New Total Contract Price :            656,155.50             918,617.70           1,312,311.00
   Reservation FEE :              20,000.00               20,000.00               40,000.00
DEFERRED CASH: 18 MONTHS
no downpayment, no interest
   Total Contract Price  :            690,700.00             967,000.00           1,381,400.00
   Reservation FEE :              20,000.00               20,000.00               40,000.00
   Balance :            670,700.00             947,000.00           1,341,400.00
      Monthly Installment for 24mos. :              37,261.11               52,611.11               74,522.22
      Monthly Insurance                  637.17                    899.65                 1,274.33
   Total Monthly payment of              37,898.28               53,510.76               75,796.55
 
10% DP payable in 12mos.
   Total Contract Price  :            690,700.00             967,000.00           1,381,400.00
   Less: Downpayment :              69,070.00               96,700.00             138,140.00
  Less: Reservation :              20,000.00               20,000.00               40,000.00
   Balance :            621,630.00             870,300.00           1,243,260.00
   Downpayment in 12months :               4,089.17                 6,391.67                 8,178.33
90% balance payable in the ff.
3 years @ 16% pa
   Monthly Ammortization              21,854.67               30,597.17               43,709.33
   Monthly Insurance                  590.55                    826.79                 1,181.10
   Total monthly payment              22,445.21               31,423.95               44,890.43
5 years @ 18% pa
   Monthly Ammortization              15,785.32               22,099.90               31,570.63
   Monthly Insurance                  590.55                    826.79                 1,181.10
   Total monthly payment              16,375.86               22,926.68               32,751.73
7 years @ 20% pa
   Monthly Ammortization              13,804.04               19,326.06               27,608.08
   Monthly Insurance                  590.55                    826.79                 1,181.10
   Total monthly payment              14,394.59               20,152.84               28,789.18
10 years @ 22% pa
   Monthly Ammortization              12,848.90               17,988.83               25,697.80
   Monthly Insurance                  590.55                    826.79                 1,181.10
   Total monthly payment              13,439.45               18,815.61               26,878.89
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Note: Factor Rate Used
# of YEARS factor rates factor rates
3 years 16.00%   0.0351570330   0.0351570330
5 years 18.00%   0.0253934274   0.0253934274
7 years 20.00%   0.0222061993   0.0222061993
10 years 22.00%   0.0206696880   0.0206696880
Insurance factor rate   0.0009500000   0.0009500000
Prepared by: Dinah Patrimonio, 0928-5001254, atedhines@gmail.com