Computation Sheet for Illumina 810, 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:
810
No. of Months to RFO:
0
AREA:
28.5 sqm
Unit Type:
Regular Unit
TERMS:
30% DP; 70% Bank Financing
Unit
Closing Fee
Total
DP period
LIST PRICE
1,777,000.00
Regular Discount
6.00%
106,620.00
Net
1,670,380.00
Additional Discount (complete docs + PDC)
2.00%
33,407.60
 
 
 
 
Contract Price
1,636,972.40
10.0%
163,697.24
 
1,800,669.64
Downpayment 1
30%
491,091.72
Less: Spot Cash Discount
0.00%
-
Net Downpayment 1
491,091.72
Less: Reservation Fee
20,000.00
Net Downpayment 1
471,091.72
Payable in
1
month
471,091.72
/mo
163,697.24
cash
634,788.96
Balance for Bank Financing
70%
1,145,880.68
Interest**
Period
Monthly Amortization (Bank)
10.0%
120 mos
15,142.90
** indicative rate only, subject to bank's prevailing rate at the time of loan
 
 
 
 
 
 
 
 
 
Total Contract Price
1,636,972.40
163,697.24
Downpayment discount
-
 
-
Net Contract Price
1,636,972.40
 
163,697.24
 

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