Sage Computation

IN HOUSE FINANCING

Total Contract Price = P9,200,000

Processing Fee = P275,000

Reservation Fee = P50,000

PF less RF = P225,000

Processing Fee Installment:

12 months 0% interest = P18,700

24 months 0% interest = P9,375

 10% Down Payment

P920,000

18 months for 0% interest = P51,111.11 monthly amortization

90% Principal Balance

= P8,280,000

Monthly amortization

1-5 years at 12% interest = P99, 373.92 

6-10 years at 14% interest = P107,543.96

11-15 years at 16% interest = P112,396.07 

BANK FINANCING

Total Contract Price = P9,200,000

Processing Fee = P275,000

Reservation Fee = P50,000

PF less RF = P225,000

Processing Fee Installment:

18 months 0% interest = P12,500

10% Equity

P920,000 payable within 18 months with 0% interest

Monthly amortization = P51,111.11

90% Estimated loan value

= P8,280,000

Estimated Monthly Amortization for 30 years at 7% interest = P55,087.05