Sabado, Marso 26, 2011

Linden House model

note: this figure, only gives you the approximate idea, of how much you are going to pay 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.
in-house financing
total selling price


                     11,580,000.00
down payment


20%
total downpayment


                       2,316,000.00
reservation


                             20,000.00
net total downpayment


                       2,296,000.00
months to pay


24
monthly payment for downpayment


                             95,666.67
amortazation
80%
total amortization
                       9,264,000.00
2 years to pay
11%

122.00%



                     11,302,080.00
months to pay
24

24
monthly


                           470,920.00
5 years to pay
12

160%



                     14,822,400.00
months to pay


60
monthly


                           247,040.00
10 years to pay
14%

240%



                     22,233,600.00
months to pay


120
monthly


                           185,280.00




bank fnancing
total selling price


                       11,580,000.00
down payment


30%
total downpayment


                          3,474,000.00
reservation


                                20,000.00
net total downpayment


                          3,454,000.00
months to pay


24
monthly payment for downpayment


                             143,916.67
amortazation
70%
total amortization
                          8,106,000.00
2 years to pay
11%

122.00%



                          9,889,320.00
months to pay
24

24
monthly


                             412,055.00
5 years to pay
12

160%



                       12,969,600.00
months to pay


60
monthly


                             216,160.00
10 years to pay
14%

240%



                       19,454,400.00
months to pay


120
monthly


                             162,120.00






pag-ibig financing
total selling price


                             11,580,000.00
down payment


30%
total downpayment


                               3,474,000.00
reservation


                                     20,000.00
net total downpayment


                               3,454,000.00
months to pay


24
monthly payment for downpayment


                                   143,916.67
amortazation
70%
total amortization
                               8,106,000.00
2 years to pay
11%

122.00%



                               9,889,320.00
months to pay
24

24
monthly


                                   412,055.00
5 years to pay
12

160%



                             12,969,600.00
months to pay


60
monthly


                                   216,160.00
10 years to pay
14%

240%



                             19,454,400.00
months to pay


120
monthly


                                   162,120.00


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