DAMOSA FAIRLANE
Sample Computation (Bank Financing)
Total Contract Price (inclusive of VAT) = P 5,323,354.00
Less Reservation Fee: P 50,000.00
30% DownPayment (to start 30 days after RF)= P 1,597,006.20
(24 months @ 0%)= P 64,458.59
70% Remaining Balance (25th month)= P 3,726,347.80
Estimated Monthly Amortization (Bank Financing)
5 years @ 9.5% p.a. = P 78,260.00
10 years @ 10% p.a.= P 49,243.96
15 years @ 11%p.a.= P 42,940.37
20 years @ 12%p.a.= P 41,030.30
Sample Computation (Bank Financing)
Total Contract Price (inclusive of VAT) = P 6,447,044.00
Less Reservation Fee: P 50,000.00
30% DownPayment (to start 30 days after RF)= P 1,934,113.20
(24 months @ 0%)= P 78,504.72
70% Remaining Balance (25th month)= P 4,512,930.80
Estimated Monthly Amortization (Bank Financing)
5 years @ 9.5% p.a. = P 94,779.94
10 years @ 10% p.a.= P 59,638.71
15 years @ 11%p.a.= P 52,004.51
20 years @ 12%p.a.= P 49,691.26
Sample Computation (Bank Financing)
Total Contract Price (inclusive of VAT) = P 7,600,870.00
Less Reservation Fee: P 50,000.00
30% DownPayment (to start 30 days after RF)= P 2,280,261.00
(24 months @ 0%)= P 92,927.54
70% Remaining Balance (25th month)= P 5,320,609.00
Estimated Monthly Amortization (Bank Financing)
5 years @ 9.5% p.a. = P 111,742.69
10 years @ 10% p.a.= P 70,312.24
15 years @ 11%p.a.= P 61,312.75
20 years @ 12%p.a.= P 58,584.49
Sample Computation (Bank Financing)
Total Contract Price (inclusive of VAT) = P 9,130,450.00
Less Reservation Fee: P 50,000.00
30% DownPayment (to start 30 days after RF)= P 2,739,135.00
(24 months @ 0%)= P 112,047.29
70% Remaining Balance (25th month)= P 6,391,315.00
Estimated Monthly Amortization (Bank Financing)
5 years @ 9.5% p.a. = P 134,229.51
10 years @ 10% p.a.= P 84,461.70
15 years @ 11%p.a.= P 73,649.97
20 years @ 12%p.a.= P 70,373.88
Sample Computation (Bank Financing)
Total Contract Price (inclusive of VAT) = P 10,400,600.00
Less Reservation Fee: P 50,000.00
30% DownPayment (to start 30 days after RF)= P 3,120,180.00
(24 months @ 0%)= P 127,924.17
70% Remaining Balance (25th month)= P 7,280,420.00
Estimated Monthly Amortization (Bank Financing)
5 years @ 9.5% p.a. = P 152,902.37
10 years @ 10% p.a.= P 96,211.29
15 years @ 11%p.a.= P 83,895.53
20 years @ 12%p.a.= P 80,163.69
Sample Computation (Bank Financing)
Total Contract Price (inclusive of VAT) = P 13,561,250.00
Less Reservation Fee: P 50,000.00
30% DownPayment (to start 30 days after RF)= P 4,068,375.00
(24 months @ 0%)= P 167,432.29
70% Remaining Balance (25th month)= P 9,492,875.00
Estimated Monthly Amortization (Bank Financing)
5 years @ 9.5% p.a. = P 199,368.04
10 years @ 10% p.a.= P 125,449.04
15 years @ 11%p.a.= P 109,390.63
20 years @ 12%p.a.= P 104,524.73