Computation Sheet for Illumina 501, Illumina Residences Manila

Details: Bank financing 20% DP over construction, closing fee in cash, 80% in 10 years with 5% regular discount

COMPUTATION SHEET
DATE:
11/13/2018
RESERVATION DATE:
11/13/2018
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:
20% DP; 80% Bank Financing
Unit
Closing Fee
Total
CASH
LIST PRICE
4,972,000.00
Regular Discount
5.00%
248,600.00
Net
4,723,400.00
Additional Discount (complete docs + PDC)
2.00%
94,468.00
 
 
 
 
Contract Price
4,628,932.00
9.6%
444,377.47
 
5,073,309.47
Downpayment 1
20%
925,786.40
Less: Spot Cash Discount
0.00%
-
Net Downpayment 1
925,786.40
Less: Reservation Fee
20,000.00
Net Downpayment 1
905,786.40
Payable in
1
month
905,786.40
/mo
444,377.47
cash
1,350,163.87
Balance for Bank Financing
80%
3,703,145.60
Interest**
Period
Monthly Amortization (Bank)
10.0%
120 mos
48,937.34
** indicative rate only, subject to bank's prevailing rate at the time of loan
 
 
 
 
 
 
 
 
 
Total Contract Price
4,628,932.00
444,377.47
Downpayment discount
-
 
-
Net Contract Price
4,628,932.00
 
444,377.47
 

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