Tuesday, January 5, 2010

Maple Sample Computation Phase 1 197sq.m Corner Lot

Maple tentative computation
Block B ,Lot 26
Lot Area = 197sq.m
Terms = 30 years

OFW

Maple - SD - PH - 1A

House and Lot Package = 1,450,000.00
Pre-Christmas Discount Promo = 150,000.00
Exess Lot = 41 x 4,500.00 = 184,500.00
Corner Lot Fee = 150 x 197 = 29,550.00 _
Total Package Price = 1,514,050.00
Less Loan Amount = 1,250,000.00
EQUITY = 264,050.00

HDMF PF = 600.00 = 2,000.00
Fire Insurance = 278.45 = 3,341.40
Mortgage Redemption Insurance = 720.90 = 8,650.80
Documentary Stamps = 3,125.00
First Monthly Amortization = 10,510.88 = 12,110.03
TOTAL CASH OUT = 293,277.23

Montly Installment thru 4 PDC'S = 73,319.31
[To commence 15 days from reservation date]
Total amount if paid w\in 15 days from reservation date = 288,277.28

RESERVATION FEE = 10,000.00

Required NTHP: 30,300.00 Required Pag-IBIG Contrbution: 600.00


DEFERRED CASH
1,514,050
30% Down Payment = 454,215.00
70% Balance Payable in 1 year @ zero interest
1,059,835.00/12 months = 88,319.58

Prices are subject to change without prior noticed.

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