TOTAL AREA 24.01 Studio
SELLING PRICE (SP): P 1,709,600.00
OTHER CHARGES PAYABLE TO AMAIA 160,283.55
NET SELLING PRICE 1,869,883.55
Downpayment 10% 186,988.36
Less: Reservation Fee (20,000.00)
DOWNPAYMENT 166,988.36 12
Monthly Downpayment in 12 months 13,915.70 monthly
BALANCE (Loanable from a financing institution) P 1,682,895.19
SAMPLE BANK COMPUTATION:
20 years to pay 15,011.81
15 years to pay 16,949.12
10 years to pay 21,209.07
5 years to pay 34,836.21
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 (possible lower monthly amortization due to competitive rates of banks).
Estimated start of turnover: 3rd Quarter 2016 , or buyer's eligibility(full payment and complete document
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