Cypress Sample Computation

	A	B	C	D	E	F
1	Cypress Sample Computation (filprimehomes@yahoo.com)
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4	House Model		Cypress
5	House Classification		Townhouse (Two Storey)
6	Lot Classification		Inner Lot
7	Lot Area		40 m2
8	Floor Area		40 m2
9	Move In Period		3-6 mos. after FULL DOWN PAYMENT
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11				Option 1		Option 2
12				Bank		In-House
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14	Selling Price		Php	925,000.00	Php	925,000.00
15	Add: Processing Fee		8%	74,000.00	4.5%	41,625.00
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17	Total Contract Price (TCP)		Php	999,000.00	Php	966,625.00
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19	Required Down Payment		12.5%	124,875.00	20%	193,325.00
20	Less: Reservation			7,500.00		7,500.00
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22	Net Down Payment			117,375.00		185,825.00
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24	Monthly Down Payment		8 mos	14,671.88	12 mos	15,485.42
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26	Total Amount to be Loaned		87.5%	874,125.00	80%	773,300.00
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28	Monthly Amortization
29	0.0202763943	0.02539	5 years	18,096.75	5 years	19,938.69
30	0.0121327594	0.01999	10 years	10,978.20	10 years	15,762.87
31	0.0095565208		15 years	8,726.24
32	0.0083644007		20 years	7,684.18
33	Note:
34	Price may change without prior notice.
35	MRI and Fire Insurance for Bank Financing is				372.65
36	MRI and Fire Insurance for In-House Financing is				304.60
37	Interest rate for Bank Financing Monthly Amortization for is 8%.
38	Interest rate for In - House Financing Monthly Amortization is 18% (5 yrs.) & 21% (10yrs.)
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