Cedar Computation

IN HOUSE FINANCING

Total Contract Price = P7,450,000

Processing Fee = P230,000

Reservation Fee = P50,000

PF less RF = P180,000

Processing Fee Installment:

12 months 0% interest = P15,000

24 months 0% interest = P7,500

10% Down Payment

P745,000 at 18 months for 0% interest =

 P41,388.89 monthly amortization

90% Principal Balance

= P6,705,000

Monthly amortization:

1-5 years at 12% interest = P80, 471.27 

6-10 years at 14% interest = P87, 087.22 

11-15 years at 16% interest = P91, 016.38

BANK FINANCING

Total Contract Price = P7,450,000

Processing Fee = P230,000

Reservation Fee = P50,000

PF less RF = P180,000

Processing Fee Installment:

18 months 0% interest = P10,000

10% Equity

P745,000 payable within 18 months with 0% interest

Monthly amortization = P41,388.89

90% Estimated loan value

= P6,705,000

Estimated Monthly Amortization

= P44,608.53