Name of Project: Paradise Vista- Lot Only (Corner lot)
Location: Brgy. Altavista, Ormoc City, Leyte, Philippines
Landmarks/Accessibility:
• 3 mins from Robinson Mall
• 3 mins Ormoc Doctors Hospital
• 5 mins from Ormoc City Bus Terminal
• 5 mins from SM Mall
-Along the Brgy. road
Transportation Details:
• Tricycle going to malls, hospitals and schools
SAMPLE COMPUTATION:
A. Total Contract Price (TCP): Php 2,887,500
1. Reservation Fee (RF): Php 30,000 (deductible from the total contract price)
2. Deferred cash: Php 2,887,500 payable up to 12 months 240,625/month for 12 months
B .Total Contract Price (TCP): Php 2,887,500
1. Reservation Fee (RF): Php 30,000 (deductible from the downpayment)
2. Equity/Downpayment: Php 836,250 payable up to 12 months: Php 69,687.50/month for 12 months.
3. Loanable Amount: Php 2,021,250
Bank Financing Sample Computation:
Loanable Amount: Php 2,021,250
* 20 years @ 11.5% Php 21,555.20/month
* 15 years @ 11.25% Php 23,291.96/month
* 10 years @ 10% Php 26,710.96/month
* 5 years @ 8% Php 40,983.66/month
* 3 years @ 7.25%% Php 63,555.20/month
If the payment is spot cash.
> TCP 3% discount
> DP 5% discount