Name of Project: Elisa Homes
Location: Molino 4, Bacoor Cavite
Landmarks/Accessibility:
-04 minutes going to SM Molino
-55 minutes going to Vista Mall Daang Hari
-15 minutes drive to The District Dasmarinas Cavite
Sample Computation for Bank Financing
Total Contract Price: PHP 7,310,000.00
1.)Equity/Downpayment: PHP 1,096,500.00
2.)Reservation Fee: PHP 50,000.00(Deductible From Downpayment)
3.)Processing Fee: PHP 100,000.00
4.)Net Equity/Downpayment: PHP 946,500 Payable For 24 Months
PHP 39,437.50/month
5.)Loanable Amount: PHP 6,213,500.00
ESTIMATED BANK LOAN COMPUTATION:
* 20 years @ Php 51,972/month
* 15 years @ Php 59,379/month
* 10 years @ Php 75,386/month
* 5 years @ Php125,987 /month