Computation Sheet for Illumina 501, Illumina Residences Manila

Details: Bank financing 50% DP over construction, closing fee in cash, 50% in 10 years with 7% regular discount

COMPUTATION SHEET
DATE:
11/19/2018
RESERVATION DATE:
11/19/2018
PROJECT:
Illumina Residences Manila
BUILDING:
Illumina
RFO DATE:
Aug-11
UNIT:
501
No. of Months to RFO:
0
AREA:
86.5 sqm
Unit Type:
Regular Unit
TERMS:
50% DP; 50% Bank Financing
Unit
Closing Fee
Total
CASH
LIST PRICE
4,972,000.00
Regular Discount
7.00%
348,040.00
Net
4,623,960.00
Additional Discount (complete docs + PDC)
2.00%
92,479.20
 
 
 
 
Contract Price
4,531,480.80
9.6%
435,022.16
 
4,966,502.96
Downpayment 1
50%
2,265,740.40
Less: Spot Cash Discount
0.00%
-
Net Downpayment 1
2,265,740.40
Less: Reservation Fee
20,000.00
Net Downpayment 1
2,245,740.40
Payable in
1
month
2,245,740.40
/mo
435,022.16
cash
2,680,762.56
Balance for Bank Financing
50%
2,265,740.40
Interest**
Period
Monthly Amortization (Bank)
10.0%
120 mos
29,941.93
** indicative rate only, subject to bank's prevailing rate at the time of loan
 
 
 
 
 
 
 
 
 
Total Contract Price
4,531,480.80
435,022.16
Downpayment discount
-
 
-
Net Contract Price
4,531,480.80
 
435,022.16
 

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For inquiries about Illumina Residences Manila,
email willeus.acuna@gmail.com
or call Willeus Acuña at 0917.572.0001 (Globe).