Rizal House Model Computation- Hidalgo Homes Davao
House Model |
RIZAL |
Floor Area |
40.3 |
Lot Area |
100 |
Selling Price |
Php1,648,000 |
Reservation Fee |
Php15,000 |
Processing Cost |
Php136,840 |
Total Price (Inclusive of Processing Cost |
Php1,784,840 |
A. Spot Cash
Spot Cash (paid within 7 days) less 6% discount |
Php1,534,120 |
Spot Cash (paid within 30 days) less 3% discount |
Php1,583,560 |
A. Downpayment
20% Downpayment |
Php329,600 |
Less: Reservation Fee |
Php15,000 |
Downpayment Balance |
Php314,600 |
Payable in 12 months at 0% interest (incl. processing cost) |
Php37,620 |
Payable in 24 months (incl. processing cost) |
|
Year 1 @ 0% interest |
Php18,810 |
Year 2 @ 12.5% interest |
Php19,714.40 |
C. Financing
80% Balance (rate at 10% p.a.) |
|
Estimated monthly amortization 10 years |
Php17,422.75 |
Estimated monthly amortization 15 years |
Php14,167.59 |
Estimated monthly amortization 20 years |
Php12,722.85 |
Rizal House Model Floor Plan- Hidalgo Homes Davao
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