Windsor Mansions - NEW CASTLE HOUSE MODEL

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