Computation Sheet for Illumina 501, Illumina Residences Manila

Details: Bank financing 30% DP over construction, closing fee over construction, 70% in 10 years with 6% 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:
30% DP; 70% Bank Financing
Unit
Closing Fee
Total
DP period
LIST PRICE
4,972,000.00
Regular Discount
6.00%
298,320.00
Net
4,673,680.00
Additional Discount (complete docs + PDC)
2.00%
93,473.60
 
 
 
 
Contract Price
4,580,206.40
10.0%
458,020.64
 
5,038,227.04
Downpayment 1
30%
1,374,061.92
Less: Spot Cash Discount
0.00%
-
Net Downpayment 1
1,374,061.92
Less: Reservation Fee
20,000.00
Net Downpayment 1
1,354,061.92
Payable in
1
month
1,354,061.92
/mo
458,020.64
cash
1,812,082.56
Balance for Bank Financing
70%
3,206,144.48
Interest**
Period
Monthly Amortization (Bank)
10.0%
120 mos
42,369.44
** indicative rate only, subject to bank's prevailing rate at the time of loan
 
 
 
 
 
 
 
 
 
Total Contract Price
4,580,206.40
458,020.64
Downpayment discount
-
 
-
Net Contract Price
4,580,206.40
 
458,020.64
 

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