note: this figure, only gives you the approximate idea, of how much you are going to invest in 2-10 years. It could be variable, because not all financial institution have the same annual interest rate. This is only the standard figure, which is 30% for the downpayment and 70% for the amortization. discount's and promo's are not included on this. so, he final computation will be in the developers, bank, and pag-big office. | |||
bank fnancing/pag-ibig | |||
total selling price | 14,073,552.00 | ||
down payment | 30% | ||
total downpayment | 4,222,065.60 | ||
reservation | 20,000.00 | ||
net total downpayment | 4,202,065.60 | ||
months to pay | 12 | ||
monthly payment for downpayment | 350,172.13 | ||
amortazation | 70% | ||
total amortization | 9,851,486.40 | ||
2 years to pay | 11% | 122.00% | |
12,018,813.41 | |||
months to pay | 24 | 24 | |
monthly | 500,783.89 | ||
5 years to pay | 12% | 160% | |
15,762,378.24 | |||
months to pay | 60 | ||
monthly | 262,706.30 | ||
10 years to pay | 14% | 240% | |
23,643,567.36 | |||
months to pay | 120 | ||
monthly | 197,029.73 | ||
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