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    Sample Computation

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    JDG Assistant
    This document provides a sample payment computation for a unit in a development. It outlines the total contract price, reservation fee, buyer's promo amount, and various payment options that include discounts for early or spot payments. It also lists indicative monthly amortization rates for bank or in-house financing over different terms at prevailing interest rates. All prices and payments are in Philippine Peso.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Sample Computation

    Uploaded by

    JDG Assistant
    52 views1 page
    This document provides a sample payment computation for a unit in a development. It outlines the total contract price, reservation fee, buyer's promo amount, and various payment options that include discounts for early or spot payments. It also lists indicative monthly amortization rates for bank or in-house financing over different terms at prevailing interest rates. All prices and payments are in Philippine Peso.

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    Sample computation

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    This document provides a sample payment computation for a unit in a development. It outlines the total contract price, reservation fee, buyer's promo amount, and various payment options that include discounts for early or spot payments. It also lists indicative monthly amortization rates for bank or in-house financing over different terms at prevailing interest rates. All prices and payments are in Philippine Peso.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    52 views1 page

    Sample Computation

    Uploaded by

    JDG Assistant
    This document provides a sample payment computation for a unit in a development. It outlines the total contract price, reservation fee, buyer's promo amount, and various payment options that include discounts for early or spot payments. It also lists indicative monthly amortization rates for bank or in-house financing over different terms at prevailing interest rates. All prices and payments are in Philippine Peso.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    SAMPLE PAYMENT COMPUTATION TEMPLATE

    AUGUST 2022
    FLOOR 2nd UNIT NUMBER 5
    UNIT TYPE STUDIO ORIENTATION West
    FLOOR AREA IN SQM 21.00 TIME & DATE COMPUTED 01/08/2022 15:59

    TOTAL CONTRACT PRICE 5,830,835.00 116,616.70


    RESERVATION FEE 20,000.00 400.00
    BUYERS' PROMO 100,000.00 2,000.00

    OPTION REMARKS AMOUNT DUE DATE

    SPOT CASH 5,830,835 116,616.70


    LESS: BUYER'S PROMO 100,000 2,000.00
    NET OF DISCOUNT 5,730,835 114,616.70
    SPOT 100.00% 5,730,835 114,616.70
    LESS: RESERVATION FEE 20,000 400.00
    LESS: DISCOUNT 20.00% 1,142,167 22,843.34
    IF W/IN 30 DAYS
    AMOUNT DUE 4,568,668 91,373.36

    Early Move-in Op. 1 | Spot 10% 5,830,835 116,616.70


    LESS: BUYER'S PROMO 100,000 2,000.00
    NET OF DISCOUNT 5,730,835 114,616.70
    LESS: RESERVATION FEE 20,000 400.00
    10.00% 1 553,084 11,061.67 MONTH 1
    LESS: DISCOUNT for Spot 10% 10.00% 573,084 11,461.67 Discount upon loan release
    Loan Release within 60 days from
    80.00% BALANCE 4,584,668 91,693.36
    Reservation
    Early Move-in Op. 2 | Spot 5% 5,830,835 116,616.70
    LESS: BUYER'S PROMO 100,000 2,000.00
    NET OF DISCOUNT 5,730,835 114,616.70
    LESS: RESERVATION FEE 20,000 400.00
    5.00% 1 266,542 5,330.84 MONTH 1
    LESS: DISCOUNT for Spot 5% 5.00% 286,542 5,730.84 Discount upon loan release
    Loan Release within 60 days from
    90.00% BALANCE 5,157,752 103,155.03
    Reservation
    REGULAR PAYMENT 5,830,835116,616.70
    LESS: BUYER'S PROMO 100,000 2,000.00
    NET OF DISCOUNT 5,730,835114,616.70
    LESS: RESERVATION FEE 20,000 400.00
    10.00% 12 46,090 921.81 MONTH 1 - 12
    Loan Release within 60 days from
    90.00% BALANCE 5,157,752 103,155.03
    Reservation
    INDICATIVE MONTHLY AMORTIZATION RATES AT 90% BALANCE
    5 YEARS @ 8% INTEREST 104,580.60 2,091.61 THE PREVAILING INTEREST RATE
    BANK FINANCING 10 YEARS @ 8% INTEREST 62,577.76 1,251.56 ON THE LOAN APPLICATION DATE
    15 YEARS @ 8% INTEREST 49,290.16 985.80 WILL BE USED.
    MONTHLY AMORTIZATION IN-HOUSE RATES AT 80% BALANCE
    5 YEARS @ 12% INTEREST 101,983.41 2,039.67 THE PREVAILING INTEREST RATE
    IN-HOUSE FINANCING 10 YEARS @ 14% INTEREST 71,184.51 1,423.69 ON THE LOAN APPLICATION DATE
    WILL BE USED.

    Above computation is for the purpose of illustration and is subject to final availability, and may change without prior notice.
    Reservation fee is non-refundable and non-transferable.
    All transactions are processed in Philippine Peso, and any foreign currency presented herein are estimations only.
    Only residential and office units are eligible to various forms of discount. Parking units are not eligible to have any form of discount.
    Final exchange rate is determined during the date of actual payment to the office subject to the prevailing rates at the time.
    All payments for TENNYSON HEIGHTS should be made payable to VISTA RESIDENCES INC.

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