Back to Project

SAMPLE COMPUTATION FOR LANCASTER VILLAGES
COLLEEN HOUSE MODEL

IN-HOUSE FINANCING SCHEME
(INNER LOT)

PRICE STARTS AT PHP 1,400,000.00 AND UP

TypiTypical Selling Price	Php 1,400,000.00
Legal & Miscellaneous Fee >	Php 63,000.00
Total Contract Price	Php 1,463,000.00
Loanable Amount	Php 1,120,000.00
DP/Equity Payment	Php 343,000.00
Less: Reservation Fee	Php 20,000.00
Net Equity	Php 323,000.00
Monthly Equity Payment - Payable within 12 mos.	26,916.67
Monthly Amortization (Excluding MRI/Fire)
6 years to pay with 18% interest	Php 25,544.73
10 years to pay with 21% interest	Php 22,392.35

 

CASH PAYMENT SCHEME
(INNER LOT)
(Legal & Miscellaneous Fees and Reservation Fee not included in the computation of the discount)

PRICE STARTS AT PHP 1,400,000.00 AND UP

Typical Selling Price	Php 1,400,000.00
Legal & Miscellaneous Fee	Php 63,000.00
Total Contract price	Php 1,463,000.00
Less: Reservation Fee	Php 20,000.00
Selling Price Net of Reservation Fee	Php 1,380,000.00
Discount	Php 140,000.00
Net of discount including LMF	Php 1,303,000.00

 

BANK FINANCING SCHEME
(INNER LOT)

PRICE STARTS AT PHP 1,400,000.00 AND UP

Typical Selling Price	Php 1,400,000.00
Legal & Miscellaneous Fee	Php 63,000.00
Total Contract Price	Php 1,463,000.00
Loanable Amount	Php 1,183,000.00
DP/Equity Payment	Php 280,000.00
Less: Reservation Fee	Php 20,000.00
Net Equity	Php 260,000.00
Monthly Equity Payment - payable within 12 mos.	Php 21,666.67
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
20 years to pay with 10.5% interest	Php 11,810.83

Contact us for more details