Sample Computation,Low downpayment

15% DP (30Months)
Terms Bank Financing
Selling Price Php 1,764,032.00
Add: Legal and Misc. Fees Php 141,122.59 (8%)
Total Package Price Php 1,905,155.00
Down payment Php 285,773.25 (15%)
Less: Reservation Php 20,000.00
Net Down payment Php 265,773.25
Monthly Downpayment
1st Half Php 7,295.73 (17mos)
Next Half Php 10,903.52 (13mos)
Total Loanable Amt. Php 1,619,381.38 (85%)
Monthly Amortization @ 10% (Indicative Rate Only. Prevailing Bank Rates will apply):
20 yrs. Php 15,627.38
15 yrs. Php 17,401.95
10 yrs. Php 21,400.24
05 yrs. Php 34,407.06

32% Downpayment(30 months)

Inhouse Financing

Php 1,764,032

Php 79,381.44(4.5%)

Php 1,843,413.44

Php 589,892.28(32%)

Php 20,000

Php 569,892.28

Php 16,918.68(10mos)

Php 20,035.28(20mos)

Php 1,253,521.14(68%)

Php 25,061.86

Php 31,831.19

Studio Without Parking Lot

Note:

Fire and MRI insurance not yet included in the computation

Move-in on the 31st to 33th month.
Monthly Amortization payments will start a month after the last Down Payment.
Processing Fees includes Transfer of Condominium Certificate of Title for Bank Financing. Transfer of Title not yet included for In-house financing.
Interest rate is reference only.
Prevailing interest rate will apply upon loan takeout.
Bank terms is up to 20 yrs. maximum.
Developer will process loan. Tied up with MBTC.
Bank maximum approved amount will depend on salary & age (loan maturity is 65 yrs.).