Computation Sheet for Illumina 810, Illumina Residences Manila

Details: Bank financing 40% DP over construction, closing fee over construction, 60% 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:
40% DP; 60% Bank Financing
Unit
Closing Fee
Total
DP period
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
10.0%
161,955.78
 
1,781,513.58
Downpayment 1
40%
647,823.12
Less: Spot Cash Discount
0.00%
-
Net Downpayment 1
647,823.12
Less: Reservation Fee
20,000.00
Net Downpayment 1
627,823.12
Payable in
1
month
627,823.12
/mo
161,955.78
cash
789,778.90
Balance for Bank Financing
60%
971,734.68
Interest**
Period
Monthly Amortization (Bank)
10.0%
120 mos
12,841.55
** indicative rate only, subject to bank's prevailing rate at the time of loan
 
 
 
 
 
 
 
 
 
Total Contract Price
1,619,557.80
161,955.78
Downpayment discount
-
 
-
Net Contract Price
1,619,557.80
 
161,955.78
 

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