Del Pilar House Computation- Hidalgo Homes Davao
House Model | DEL PILAR |
Floor Area | 47 |
Lot Area | 100 |
Selling Price | Php1,835,000 |
Reservation Fee | Php15,000 |
Processing Cost | Php151,800 |
Total Price (Inclusive of Processing Cost | Php1,986,800 |
A. Spot Cash
Spot Cash (paid within 7 days) less 6% discount | Php1,709,900 |
Spot Cash (paid within 30 days) less 3% discount | Php1,764,950 |
A. Downpayment
20% Downpayment | Php367,000 |
Less: Reservation Fee | Php15,000 |
Downpayment Balance | Php352,000 |
Payable in 12 months at 0% interest (incl. processing cost) | Php41,983.33 |
Payable in 24 months (incl. processing cost) | |
Year 1 @ 0% interest | Php20,991.67 |
Year 2 @ 12.5% interest | Php22,003.58 |
C. Financing
80% Balance (rate at 10% p.a.) | |
Estimated monthly amortization 10 years | Php19,399.73 |
Estimated monthly amortization 15 years | Php15,775.20 |
Estimated monthly amortization 20 years | Php14,166.52 |