Sample Computation as of November 1, 2010 Monet Tower 1 Bedroom - A 4th flr. Unit K CLIENT NAME:
74.59 sqm.
TOTAL CONTRACT PRICE (TCP)
5,898,000
Reservation Fee
40,000
Option 1: Spot 5% and 15% in 15 mos First 5% Less: Reservation Fee Net Payable Amount Next 15% 15 Balance 80%
5,898,000 294,900 (40,000) 254,900 58,980.00 4,718,400
Option 2: 20% in 24 mos
5,898,000 1,179,600 (40,000) 1,139,600 47,483 4,718,400 5,898,000 884,700 (20,000) 864,700 48,039 5,013,300
20% Less: Reservation Fee Net Payable Amount Payable in 24 Balance 80% Option 3: SPECIAL PROMO SCHEME 15% in 12mos 15% Less: Reservation Fee Net Payable Amount Payable in 12 Balance 85% INDICATIVE MONTHLY AMORTIZATION RATES Bank Financing 80% 5 yrs @ 12% interest 104,958.20 10 yrs @ 12% interest 67,695.33 15 yrs @ 12% interest 56,628.73 In-House Financing 5 yrs @ 18% interest 10 yrs@ 19% interest
119,816.35 88,079.48
85% $111,518.09 71,926.29 60,168.03 127,304.87 93,584.45
Day 7 Month 1 - 15 Bank Financing
Month 1-24 Bank Financing
Month 1-12 Bank Financing