Computation Sheet for Illumina 810, Illumina Residences Manila

Details: Bank financing 70% DP spot cash, lumpsum closing fee at RFO, 30% in 10 years with 8% regular discount

COMPUTATION SHEET
DATE:
11/19/2018
RESERVATION DATE:
11/19/2018
PROJECT:
Illumina Residences Manila
BUILDING:
Illumina
RFO DATE:
Aug-11
UNIT:
810
No. of Months to RFO:
0
AREA:
28.5 sqm
Unit Type:
Regular Unit
TERMS:
70% DP; 30% Bank Financing
Unit
Closing Fee
Total
Lumpsum at RFO
LIST PRICE
1,777,000.00
Regular Discount
7.00%
124,390.00
Net
1,652,610.00
Additional Discount (complete docs + PDC)
2.00%
33,052.20
 
 
 
 
Contract Price
1,619,557.80
10.5%
170,053.57
 
1,789,611.37
Downpayment 1
70%
1,133,690.46
Less: Spot Cash Discount
0.00%
-
Net Downpayment 1
1,133,690.46
Less: Reservation Fee
20,000.00
Net Downpayment 1
1,113,690.46
Payable in
1
month
1,113,690.46
cash
170,053.57
at RFO
-
Balance for Bank Financing
30%
485,867.34
Interest**
Period
Monthly Amortization (Bank)
10.0%
120 mos
6,420.77
** indicative rate only, subject to bank's prevailing rate at the time of loan
 
 
 
 
 
 
 
 
 
Total Contract Price
1,619,557.80
170,053.57
Downpayment discount
-
 
-
Net Contract Price
1,619,557.80
 
170,053.57
 

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