Maple Sample Computation Phase 1 207sq.m Corner Lot

Maple tentative computation
Block C ,Lot 20
Lot Area = 207sq.m
Terms = 30 years

OFW

Maple - SD - PH - 1A

House and Lot Package = 1,560,550.00
Pre-Christmas Discount Promo = 150,000.00
Exess Lot = 51 x 4,500.00 = 229,500.00
Corner Lot Fee = 150 x 207 = 31,050
Total Package Price = 1,560,550
Less Loan Amount = 1,250,000.00
EQUITY = 310,550

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 = 339,776.83

Montly Installment thru 4 PDC'S = 84,944.20


RESERVATION FEE = 10,000.00

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


DEFERRED CASH
1,560,550
30% Down Payment = 468,165
70% Balance Payable in 1 year @ zero interest
1,092,385.00/12 months = 91,032.08