SAMPLE COMPUTATION FOR CHESAPEAKE VILLAGE
IRIS HOUSE MODEL

IN-HOUSE FINANCING SCHEME
(INNER LOT)

Typical Selling Price	Php 1,650,000.00
Legal & Miscellaneous Fee	Php 74,250.00
Total Contract Price	Php 1,724,250.00

Loanable Amount	Php 1,320,000.00
DP/Equity Payment	Php 404,250.00
Less: Reservation Fee	Php 20,000.00
Net Equity	Php 384,250.00
Monthly Equity Payment - Payable within 12 mos.	Php 32,020.83

Monthly Amortization (Excluding MRI/Fire)
5 years to pay with 18% interest	Php 33,519.32
10 years to pay with 21% interest	Php 26,390.98

Typical Selling Price	Php 1,650,000.00
Less: Reservation Fee	Php 20,000.00
Selling Price Net of Reservation Fee	Php 1,630,000.00
10% Discount within 7 days from the date of reservation	Php 1,467,000.00
9.5% Discount within 8 to 30 days from the date of reservation	Php 1,475,150.00
9% Discount within 31 to 60 days from the date of reservation	Php 1,483,300.00
8.5% Discount within 61 to 90 days from the date of reservation	Php 1,491,450.00

Typical Selling Price	Php 1,650,000.00
Legal & Miscellaneous Fee	Php 132,000.00
Total Contract Price	Php 1,782,000.00

Loanable Amount	Php 1,452,000.00
DP/Equity Payment	Php 330,000.00
Less: Reservation Fee	Php 20,000.00
Net Equity	Php 310,000.00
Monthly Equity Payment - payable within 12 mos.	Php 25,833.34

Monthly Amortization • Bank Financing computation is base on your bank of choice and subject to the bank’s requirements • Bank’s prevailing interest at point of takeout shall apply • Indicative interest rate shall be used in computing for monthly amortization
5 years to pay with 10.5% interest	Php 31,209.14
10 years to pay with 10.5% interest	Php 19,592.62
15 years to pay with 10.5% interest	Php 16,050.39
20 years to pay with 10.5% interest	Php 14,496.48
25 years to pay with 10.5% interest	Php 13,708.52