Windsor Mansions - CLAIRE HOUSE MODEL

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