ASMARA 21F Computation Condominium
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MEGAWORLD CORPORATION INTERNATIONAL MARKETING DIVISION SAMPLE COMPUTATION PROJECT ASMARA TOWER 2 UNIT 21F TYPE STUDIO+BAL AREA (SQM) 22.3 PRICE/SQM PHP 75,000.00 CONTRACT PRICE PHP1,672,500.00 5% MISC. FEE PHP83,625.00 TOTAL CONTRACT PRICE PHP1,756,125.00 RESERVATION PHP15,000.00 CLIENT Mr. Ric Ampere OPTION 1 : 25% DEFERRED IN 54 MONTHS – 75% UPON TO OPTION 3 : STRAIGHT/DEFERRED WITH BALLOON OPTION 4 : STEP-UP WITH BALLOON TOTAL CONTRACT PRICE ### TOTAL CONTRACT PRICE ### TOTAL CONTRACT PRICE ### CONTRACT PRI 25% Downpayment Payable in 54 Months PHP 439,031.25 40% Total Contract Price (TCP) PHP702,450.00 3% of TCP PHP52,683.75 5% Misc. Fee Less: Reservation Fee PHP 15,000.00 50% of 40% TCP PHP351,225.00 Less: Reservation Fee PHP15,000.00 PHP 424,031.25 PHP37,683.75 40% Total Contract Price (TCP) PHP702,450.00 PHP3,425.80 PER MONTH Payable in 54 Mont PHP 7,852.43 PER MONTH 50% of 40% TCP PHP351,225.00 Payable 30 Days after Date of Reservation Total Contra To Start 30 Days from Date of Reservation Less: Reservation Fee PHP15,000.00 Less: Reserv PHP336,225.00 3% of TCP PHP52,683.75 75% Balance ### PHP4,789.43 PER MONTH In-House Financing Monthly Amortization Net TCP/1000 10 years @ 17% int. 0.016133496 PHP21,249.33 PHP6,724.50 PER MONTH 4% of TCP PHP70,245.00 Rate Thru Cash or In-House/Bank/Pag-ibig Financing PHP6,724.50 PER MONTH PHP6,385.91 PER MONTH Annual Premi PHP6,724.50 PER MONTH Monthly Prem PHP6,724.50 PER MONTH 5% of TCP PHP87,806.25 OPTION 2 : EASY STEP-UP PHP6,724.50 PER MONTH PHP7,982.39 PER MONTH TOTAL CONTRACT PRICE ### OPTION 1: Balloon Payment 3% of TCP PHP52,683.75 Monthly Amor 4% of TCP PHP70,245.00 20% Total Contract Price (TCP) PHP351,225.00 PHP8,780.63 PER MONTH Monthly Prem Less: Reservation Fee PHP15,000.00 25% of 20% TCP PHP87,806.25 PHP55,245.00 12th/24th/36th/48th month PHP21,951.56 PER MONTH Balloon Payment PHP4,603.75 PER MONTH Total Monthly Amortizations PHP301,102.50 OPTION 2: Payable 30 Days after Date of Reservation 75% Balance ### Add: Reservation Fee PHP15,000.00 In-House Financing PHP316,102.50 Monthly Prem 5% of TCP PHP87,806.25 10 years @ 17% int. 0.016133496 PHP21,249.33 PHP7,317.19 PER MONTH Thru Cash or In-House/Bank/Pag-ibig Financing 25% of TCP PHP439,031.25 Less: Total Monthly Amortizations and PHP316,102.50 OPTION 3: 6% of TCP PHP105,367.50 PHP122,928.75 Monthly Amor PHP8,780.63 PER MONTH 12th/24th/36th/48th month ### PER MONTH Monthly Prem 6.5% of TCP PHP114,148.13 75% Balance ### PHP9,512.34 PER MONTH In-House Financing OPTION 4: 10 years @ 17% int. 0.016133496 PHP21,249.33 Monthly Amor 3.5% of TCP PHP61,464.38 Thru Cash or In-House/Bank/Pag-ibig Financing Monthly Prem PHP10,244.06 PER MONTH 75% Balance ### In-House Financing 1 10 years @ 17% int. 0.016133496 PHP21,249.33 2. SUNTRUST PROPERTIES INC. RESERVES THE RIGHT TO CO Thru Cash or In-House/Bank/Pag-ibig Financing 3. PLEASE 1 st - 11 th Months 1 st Quarter 13 th - 23 th Months 1 st - 11 th months 13 th - 23 rd months 25 th - 35 th Months 25 th - 35 th months 37 th - 47 th months 49 th - 54 th months 37 th - 47 th Months 49 th - 54 th Months Total Monthl 1 st - 12 th Months Monthly Amor Total Monthl 13 th - 24 th Months 25 th - 36 th Months Total Monthl 37 th - 48 th Months 49 th - 54 th Months Total Monthl
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Transcript of ASMARA 21F Computation Condominium
MEGAWORLD CORPORATIONINTERNATIONAL MARKETING DIVISION
SAMPLE COMPUTATION
PROJECT ASMARATOWER 2UNIT 21FTYPE STUDIO+BALAREA (SQM) 22.3PRICE/SQM PHP 75,000.00CONTRACT PRICE PHP1,672,500.005% MISC. FEE PHP83,625.00TOTAL CONTRACT PRICE PHP1,756,125.00RESERVATION PHP15,000.00CLIENT Mr. Ric Ampere
OPTION 1 : 25% DEFERRED IN 54 MONTHS – 75% UPON TO OPTION 3 : STRAIGHT/DEFERRED WITH BALLOON OPTION 4 : STEP-UP WITH BALLOON COMPUTATION OF MRI
TOTAL CONTRACT PRICE PHP 1,756,125.00 TOTAL CONTRACT PRICE PHP1,756,125.00 TOTAL CONTRACT PRICE PHP1,756,125.00
CONTRACT PRICE
25% Downpayment Payable in 54 Months PHP 439,031.25 40% Total Contract Price (TCP) PHP702,450.00 3% of TCP PHP52,683.75 5% Misc. Fee
Less: Reservation Fee PHP 15,000.00 50% of 40% TCP PHP351,225.00 Less: Reservation Fee PHP15,000.00
PHP 424,031.25 PHP37,683.75
40% Total Contract Price (TCP) PHP702,450.00 PHP3,425.80 PER MONTH
Payable in 54 Months PHP 7,852.43 PER MONTH 50% of 40% TCP PHP351,225.00 Payable 30 Days after Date of Reservation Total Contract Price
To Start 30 Days from Date of Reservation Less: Reservation Fee PHP15,000.00 Less: Reservation Fee
PHP336,225.00 3% of TCP PHP52,683.75
75% Balance PHP1,317,093.75 PHP4,789.43 PER MONTH
In-House Financing Monthly Amortization Net TCP/1000
10 years @ 17% int. 0.016133496 PHP21,249.33 PHP6,724.50 PER MONTH 4% of TCP PHP70,245.00 Rate
Thru Cash or In-House/Bank/Pag-ibig Financing PHP6,724.50 PER MONTH PHP6,385.91 PER MONTH Annual Premium
PHP6,724.50 PER MONTH Monthly Premium
PHP6,724.50 PER MONTH 5% of TCP PHP87,806.25
OPTION 2 : EASY STEP-UP PHP6,724.50 PER MONTH PHP7,982.39 PER MONTH TOTAL FOR UNIT AND MRI
TOTAL CONTRACT PRICE PHP1,756,125.00 OPTION 1:
Balloon Payment 3% of TCP PHP52,683.75 Monthly Amortization
4% of TCP PHP70,245.00 20% Total Contract Price (TCP) PHP351,225.00 PHP8,780.63 PER MONTH Monthly Premium
Less: Reservation Fee PHP15,000.00 25% of 20% TCP PHP87,806.25
PHP55,245.00 12th/24th/36th/48th months PHP21,951.56 PER MONTH Balloon Payment
PHP4,603.75 PER MONTH Total Monthly Amortizations PHP301,102.50 OPTION 2:
Payable 30 Days after Date of Reservation 75% Balance PHP1,317,093.75 Add: Reservation Fee PHP15,000.00
In-House Financing PHP316,102.50 Monthly Premium
5% of TCP PHP87,806.25 10 years @ 17% int. 0.016133496 PHP21,249.33
PHP7,317.19 PER MONTH Thru Cash or In-House/Bank/Pag-ibig Financing 25% of TCP PHP439,031.25
Less: Total Monthly Amortizations and RF PHP316,102.50 OPTION 3:
6% of TCP PHP105,367.50 PHP122,928.75 Monthly Amortization
PHP8,780.63 PER MONTH 12th/24th/36th/48th months PHP30,732.19 PER MONTH Monthly Premium
6.5% of TCP PHP114,148.13 75% Balance PHP1,317,093.75
PHP9,512.34 PER MONTH In-House Financing OPTION 4:
10 years @ 17% int. 0.016133496 PHP21,249.33 Monthly Amortization
3.5% of TCP PHP61,464.38 Thru Cash or In-House/Bank/Pag-ibig Financing Monthly Premium
PHP10,244.06 PER MONTH
75% Balance PHP1,317,093.75
In-House Financing 1. ALL BALANCES ARE DUE AND DEMANDABLE UPON TURNOVER.
10 years @ 17% int. 0.016133496 PHP21,249.33 2. SUNTRUST PROPERTIES INC. RESERVES THE RIGHT TO CORRECT ANY ERROR THAT MAY APPEAR ON THIS COMPUTATION.
Thru Cash or In-House/Bank/Pag-ibig Financing 3. PLEASE MAKE ALL CHECKS PAYABLE TO SUNTRUST PROPERTIES INC.
1st - 11th Months 1st Quarter MRI
13th - 23th Months
1st - 11th months
13th - 23rd months 25th - 35th Months25th - 35th months
37th - 47th months
49th - 54th months 37th- 47th Months
49th- 54th MonthsTotal Monthly Amortization for the 1st Year
1st - 12th MonthsMonthly Amortization (1st - 12th Months)
Total Monthly Amortization for the 1st Year13th - 24th Months
25th - 36th MonthsTotal Monthly Amortization for the 1st Year
37th- 48th Months
49th- 54th Months Total Monthly Amortization for the 1st Year
MEGAWORLD CORPORATIONINTERNATIONAL MARKETING DIVISION
SAMPLE COMPUTATION
COMPUTATION OF MRI
PHP1,672,500.00
PHP83,625.00
PHP1,756,125.00
PHP1,756,125.00
PHP15,000.00
PHP1,741,125.00
PHP1,741.13
PHP3.75
PHP6,529.22
PHP544.10
TOTAL FOR UNIT AND MRI
PHP 7,852.43
PHP544.10
PHP 8,396.53
PHP4,603.75
PHP544.10
PHP5,147.85
PHP 6,724.50
PHP544.10
PHP 7,268.60
PHP 3,425.80
PHP544.10
PHP 3,969.90
NOTES:
1. ALL BALANCES ARE DUE AND DEMANDABLE UPON TURNOVER.
2. SUNTRUST PROPERTIES INC. RESERVES THE RIGHT TO CORRECT ANY ERROR THAT MAY APPEAR ON THIS COMPUTATION.
3. PLEASE MAKE ALL CHECKS PAYABLE TO SUNTRUST PROPERTIES INC.
4. FIRST MONTHLY AMORTIZATION IS ONE MONTH AFTER DATE OF RESERVATION.
5. BUYERS AVAILING OF BANK FINANCING WILL AGREE TO UNDERGO IN-HOUSE FINANCING AND PAY CORRESPONDING AMORTIZATION UNTIL SUCH TIME
THAT THE LOAN PROCEEDS FROM BANK IS APPROVED & RELEASED.
6. MRI IS REQUIRED BUT MAY BE AVAILED FROM A DIFFERENT PROVIDER.
7. MRI COMPUTATION IS FIXED FOR THE FIRST YEAR ONLY AND COMPUTATION FOR SUCCEEDING YEARS WILL BE PROVIDED BY SUNTRUST PROPERTIES.
