Computation Sheet for Illumina 501, Illumina Residences Manila

Details: Bank financing 70% DP over construction, closing fee over construction, 30% 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:
70% DP; 30% Bank Financing
Unit
Closing Fee
Total
DP period
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
10.0%
453,148.08
 
4,984,628.88
Downpayment 1
70%
3,172,036.56
Less: Spot Cash Discount
0.00%
-
Net Downpayment 1
3,172,036.56
Less: Reservation Fee
20,000.00
Net Downpayment 1
3,152,036.56
Payable in
1
month
3,152,036.56
/mo
453,148.08
cash
3,605,184.64
Balance for Bank Financing
30%
1,359,444.24
Interest**
Period
Monthly Amortization (Bank)
10.0%
120 mos
17,965.16
** indicative rate only, subject to bank's prevailing rate at the time of loan
 
 
 
 
 
 
 
 
 
Total Contract Price
4,531,480.80
453,148.08
Downpayment discount
-
 
-
Net Contract Price
4,531,480.80
 
453,148.08
 

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