Computation Sheet for Illumina 810, Illumina Residences Manila

Details: Bank financing 80% DP over construction, closing fee in cash, 20% 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:
810
No. of Months to RFO:
0
AREA:
28.5 sqm
Unit Type:
Regular Unit
TERMS:
20% DP; 80% Bank Financing
Unit
Closing Fee
Total
CASH
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
9.6%
155,477.55
 
1,775,035.35
Downpayment 1
80%
1,295,646.24
Less: Spot Cash Discount
0.00%
-
Net Downpayment 1
1,295,646.24
Less: Reservation Fee
20,000.00
Net Downpayment 1
1,275,646.24
Payable in
1
month
1,275,646.24
/mo
155,477.55
cash
1,431,123.79
Balance for Bank Financing
20%
323,911.56
Interest**
Period
Monthly Amortization (Bank)
10.0%
120 mos
4,280.52
** indicative rate only, subject to bank's prevailing rate at the time of loan
 
 
 
 
 
 
 
 
 
Total Contract Price
1,619,557.80
155,477.55
Downpayment discount
-
 
-
Net Contract Price
1,619,557.80
 
155,477.55
 

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