TERMS |
BANK FINANCING |
IN-HOUSE FINANCING |
|
(15% DP in 30 months) |
(32% DP in 30 months) |
Selling Price |
Php 1,764,032.00 |
Php 1,764,032.00 |
Add: Legal & Miscellaneous Fee |
Php 141,122.59(8%) |
Php 79,381.44(4.5%) |
Total Contract Price(TCP) |
Php 1,905,155.00 |
Php 1,843,413.44 |
Downpayment |
Php 285,773.25 (15% of TCP) |
Php 589,892.28 (32% of TCP) |
Less: Reservation Fee |
Php 20,000.00 |
Php 20,000.00 |
Net Downpayment |
Php 265,773.25 |
Php 569,892.28 |
Monthly DP |
|
|
1st Half |
7,295.73
(17 months) |
16,918.68
(10 months) |
2nd Half |
10,903.52
(13 months) |
20,035.28
(20 months) |
Balance
(Loanable Amount) |
Php 1,619,381.38
(85% of TCP) |
Php 1,667,962.85
(68% of TCP) |
Interest Rate |
10% Indicative Interest Rate |
21% Fixed for 10 years
18% Fixed for 5 years |
20 years |
15,627.38 |
Not Applicable |
15 years |
17,401.95 |
Not Applicable |
10 years |
21,4000.24 |
25,061.86 |
5 years |
34,407.06 |
31,831.19 |
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