Name of Project: Paradise Vista- Lot Only
Location: Brgy. Altavista, Ormoc City, Leyte, Philippines
Landmarks/Accessibility:
• 3 mins from Robinson Mall
• 3 mins Ormoc Doctors Hospital
• 5 mins from Ormoc City Bus Terminal
• 5 mins from SM Mall
-Along the brgy. road
Transportation Details:
• Tricycle going to malls, hospitals and schools
SAMPLE COMPUTATION:
A .Total Contract Price (TCP): Php 2,525,000
1. Reservation Fee (RF): Php 30,000 (deductible from the total contract price)
2. Deferred cash: Php 2,525,000 payable up to 12 months 210,416.67/month for 12 months
B .Total Contract Price (TCP): Php 2,275,000
1. Reservation Fee (RF): Php 30,000 (deductible from the downpayment)
2. Equity/Downpayment: Php 727,500 payable up to 12 months: Php 60,625/month for 12 months.
3. Loanable Amount: Php 1,767,500
Bank Financing Sample Computation:
Loanable Amount: Php 1,767,500
* 20 years @ 11.5% Php 18,849.15/month
* 15 years @ 11.25% Php 20,357.64/month
* 10 years @ 10% Php 23,357.64/month
* 5 years @ 8% Php 35,838.52/month
* 3 years @ 7.25%% Php 55,283.40/month
If the payment is spot cash.
> TCP 3% discount
> DP 5% discount