Sunday, February 1, 2009

Windsor Mansions - NEW CASTLE HOUSE MODEL

House Features:

  • Floor Area: 110 sq. m.
  • Typical Lot Area: 120 sq. m.
  • Three (3) Storey
  • Four (4) Bedrooms
  • Three (3) Toilet & Bath
  • Living Area
  • Dining Area
  • Kitchen Area
  • Service/Laundry Area
  • Balcony Area
  • Provision for Four (4) Car Garage

House Finishes:

  • Concrete Roof Tiles
  • Painted Exterior and Interior Walls
  • Tiled Toilet & Bath
  • Tiled Kitchen Counter with
  • Stainless Kitchen Sink
  • Steel Casement Windows

Sample Computation

Option 1: BANK Financing 20% DP

SELLING PRICE (SP) 2,690,000.00
RESERVATION FEE: 30,000.00
DOWNPAYMENT:
20% of SP 538,000.00
Less Reservation Fee 30,000.00
Net Downpayment 508,000.00
Monthly Downpayment:
12 months @ 0%interest 42,333.33
15 months @ 0%interest 33,866.67
AMORTIZATION:
Loanable Amount (80% of SP + 8% Proc fee) 2,367,200.00
Monthly Amortization:
5 Years @ 10.5%P.A. 50,880.36
10 Years @ 10.5% P.A. 31,941.81
15 Years @ 10.5% P.A. 26,167.01


Option 2: INHOUSE Financing 20%DP

SELLING PRICE (SP) 2,690,000.00
RESERVATION FEE: 30,000.00
DOWNPAYMENT:
20% of SP 538,000.00
Add Processing Fee (4.5% of SP) 121,050.00
Less Reservation Fee 30,000.00
Net Downpayment 629,050.00
Monthly Downpayment:
12 months @ 0%interest 52,420.83
15 months @ 0%interest 41,936.67
AMORTIZATION:
Loanable Amount (80% of SP) 2,152,000.00
Monthly Amortization:
5 Years @ 18%P.A. 54,646.66
10 Years @ 21% P.A. 43,025.30

Windsor Mansions - CLAIRE HOUSE MODEL


House Features:

  • Floor Area: 111 sq. m.
  • Typical Lot Area: 120 sq. m.
  • Two (2) Storey
  • Four (4) Bedrooms
  • Two (2) Toilet & Bath
  • Living Area • Dining Area
  • Kitchen Area • Service/Laundry Area
  • Provision for Terrace and Lanai
  • Provision for 2 car garage
  • Provision for front lawn
  • Provision for CATV, Telephone and Air-Conditioning Units

House Finishes:

  • Pre-painted G.I. Roofing
  • Painted Exterior and Interior Walls
  • Tiled Toilet & Bath
  • Tiled Kitchen Counter with Stainless Kitchen Sink
  • Steel Casement Windows
  • Ceramic Bathroom Fixtures
SAMPLE COMPUTATION

Option 1: BANK Financing 20% DP

SELLING PRICE (SP) 2,260,000.00
RESERVATION FEE: 20,000.00
DOWNPAYMENT:
20% of SP 452,000.00
Less Reservation Fee 20,000.00
Net Downpayment 432,000.00
Monthly Downpayment:
12 months @ 0%interest 36,000.00
15 months @ 0%interest 28,800.00
AMORTIZATION:
Loanable Amount (80% of SP + 8% Proc fee) 1,988,800.00
Monthly Amortization:
5 Years @ 10.5%P.A. 42,747.07
10 Years @ 10.5% P.A. 26,835.87
15 Years @ 10.5% P.A. 21,984.18
Notes for Bank Financing:
  • All amounts and figures in this form are for sample computation purposes only.
  • Registration Fees, TitleTransfer fees, and documentary stamps expenses are already included in the 8% processing fee added to the loanable amount.

Option 2: INHOUSE Financing 20%DP

SELLING PRICE (SP) 2,260,000.00
RESERVATION FEE: 20,000.00
DOWNPAYMENT:
20% of SP 452,000.00
Add Processing Fee (4.5% of SP) 101,700.00
Less Reservation Fee 20,000.00
Net Downpayment 533,700.00
Monthly Downpayment:
12 months @ 0%interest 44,475.00
15 months @ 0%interest 35,580.00
AMORTIZATION:
Loanable Amount (80% of SP) 1,808,000.00
Monthly Amortization:
5 Years @ 18%P.A. 45,911.32
10 Years @ 21% P.A. 36,147.65