Showing posts with label house and lot by profriends new castle house model. Show all posts
Showing posts with label house and lot by profriends new castle house model. Show all posts

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