SAMPLE COMPUTATION STUDIO UNIT 18.60 SQM.
OTHER CHARGES 155,314.53
NET SELLING PRICE
P1,811,914.53
10% Downpayment 181,191.45
Less: Reservation Fee
(20,000.00)
DOWNPAYMENT NET
161,191.45
PAYABLE IN 12 MONTHS NO INTEREST 13,432.63 / month
BALANCE OF NSPOC LESS DOWNPAYMENT (Loanable from a financing
institution) P1,630,723.08
SAMPLE
BANK COMPUTATION: Estimated
Required Monthly Income
20 years
to pay 14,546.42
P 49,000
15 years
to pay 16,423.67
P 55,000
10 years
to pay 20,551.55
P 69,000
5 years
to pay 33,756.24 P 113,000
Note: The above monthly amortization is computed based on
8.88% interest rate for the term indicated. However, the actual rate is fixed
for 5 years, subject to repricing on the 6th year onwards. The actual amount
will be based on the financing institution's interest rate.
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