Luna House Computation- Hidalgo Homes Davao
House Model | LUNA |
Floor Area | 83.6 |
Lot Area | 100 |
Selling Price | Php2,960,000 |
Reservation Fee | Php15,000 |
Processing Cost | Php241,800 |
Total Price (Inclusive of Processing Cost | Php3,201,800 |
A. Spot Cash
Spot Cash (paid within 7 days) less 6% discount | Php2,767,400 |
Spot Cash (paid within 30 days) less 3% discount | Php2,856,200 |
A. Downpayment
20% Downpayment | Php592,000 |
Less: Reservation Fee | Php15,000 |
Downpayment Balance | Php577,000 |
Payable in 12 months at 0% interest (incl. processing cost) | Php68,233.33 |
Payable in 24 months (incl. processing cost) | |
Year 1 @ 0% interest | Php34,116.67 |
Year 2 @ 12.5% interest | Php35,775.41 |
C. Financing
80% Balance (rate at 10% p.a.) | |
Estimated monthly amortization 10 years | Php31,293.29 |
Estimated monthly amortization 15 years | Php25,446.65 |
Estimated monthly amortization 20 years | Php22,851.71 |