Ilustrata Residences Studio Unit Sample Computation

	A	B	C	D	E	F	G	H
1	Ilustrata Residences Studio Unit Sample Computation
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4	Unit Type		Studio Type (Inner Unit)
5	Floor Area		24.6 m2
6	Estimated Turnover		2015
7	Total Units Available		176 units per building / 16 units per floor
8	Description		Delivered without Partition
9	Delivery		Finished - Ready to be Occupied (2015)
10	Email		filprimehomes@yahoo.com
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12				Option 1		Option 2		Option 3
13				(15% DP)		(16% DP)		(28% DP)
14				Bank 1		Bank 2		In-House
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16	Selling Price		PhP	1,799,677.00	PhP	1,730,459.00	PhP	1,799,677.00
17	Add: Processing Fee		8%	143,974.16	8%	138,436.72	4.5%	80,985.47
18	Total Contract Price		PhP	1,943,651.16	PhP	1,868,895.72	PhP	1,880,662.47
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20	Required Down Payment		15%	291,547.67	16%	299,023.32	28%	526,585.49
21	Less: Reservation			20,000.00		20,000.00		20,000.00
22	Net Down Payment			271,547.67		279,023.32		506,585.49
23	Equity Payment 1
24	Monthly Down Payment		20 mos	13,577.38	10 mos (6%)	10,463.67	10 mos (13.5%)	24,424.66
25	Equity Payment 2
26	Monthly Down Payment				14 mos (10%)	12,456.40	10 mos (14.5%)	26,233.89
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28	Loan Amount		85%	1,652,103.49	84%	1,569,872.40	72%	1354076.975
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30	Monthly Amortization
31	0.0202763943	0.02539	5 years	34,236.88	5 years	32,538.70	5 years	35,006.43
32	0.0121327594	0.01999	10 years	20,782.75	10 years	19,754.23	10 years	27,694.42
33	0.0095565208		15 years	16,526.54	15 years	15,709.87
34	0.0083644007		20 years	14,557.04	20 years	13,838.39
35	Note:
36	Price may change without prior notice.
37	MRI and Fire Insurance for Bank Financing option 1 is				738.18
38	MRI and Fire Insurance for Bank Financing option 2 is				707.35
39	MRI and Fire Insurance for In-House Financing is				626.42
40	Interest rate for Bank Financing Monthly Amortization for is 8%.
41	Interest rate for In - House Financing Monthly Amortization is 18% (5 yrs.) & 21% (10yrs.)
42	Monthly amortization of amount to be loaned starts after the payment period of monthly down payment.
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