Ponce House Computation- Hidalgo Homes Davao
House Model | PONCE |
Floor Area | 96.2 |
Lot Area | 127 |
Selling Price | Php3,245,000 |
Reservation Fee | Php15,000 |
Processing Cost | Php264,600 |
Total Price (Inclusive of Processing Cost | Php3,509,600 |
A. Spot Cash
Spot Cash (paid within 7 days) less 6% discount | Php3,035,300 |
Spot Cash (paid within 30 days) less 3% discount | Php3,132,650 |
A. Downpayment
20% Downpayment | Php649,000 |
Less: Reservation Fee | Php15,000 |
Downpayment Balance | Php634,000 |
Payable in 12 months at 0% interest (incl. processing cost) | Php74,883.33 |
Payable in 24 months (incl. processing cost) | |
Year 1 @ 0% interest | Php37,441.67 |
Year 2 @ 12.5% interest | Php39,264.27 |
C. Financing
80% Balance (rate at 10% p.a.) | |
Estimated monthly amortization 10 years | Php34,306.33 |
Estimated monthly amortization 15 years | Php27,896.75 |
Estimated monthly amortization 20 years | Php25,051.96 |