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Thursday 12 May 2016

Affordable Price and Longer Payment Terms


sample computation
studio unit
23.31 sqm.
10% down payment
payable in 12 months
no interest
balance thru bank financing

SELLING PRICE (SP):                                                                       P1,552,400.00
OTHER CHARGES PAYABLE TO AMAIA                                                145,545.26
NET SELLING PRICE INCLUSIVE OF OTHER CHARGES (NSPOC):    P1,697,945.26
                                                                                         
10%       Downpayment                                                                                    169,794.53   
 Less:     Reservation Fee (RF)                                                                           (20,000.00) 
DOWNPAYMENT NET OF RF                                                                             149,794.53  
                                                            
1st – 12th Downpayment                                             12,482.88/month                                
BALANCE LESS DOWNPAYMENT
 (Loanable from a financing institution)                                                          P 1,528,150.73
                                            
SAMPLE BANK COMPUTATION:     (based on 8.88% fixed rate/may vary depending on the bank's                                                                       prevailing rates/promos )                                                         
               20 years to pay  13,631.45                                                        
               15 years to pay  15,390.62                                                        
               10 years to pay  19,258.86                                                        
                5 years to pay   31,632.97            






sample computation
deluxe unit
30.67 sqm.
10% down payment
payable in 12 months
no interest
balance thru bank financing

SELLING PRICE (SP):                                                                       P2,082,700.00
OTHER CHARGES PAYABLE TO AMAIA                                                195,263.54
NET SELLING PRICE INCLUSIVE OF OTHER CHARGES (NSPOC):    P2,277.963.54
                                                                                         
10%       Downpayment                                                                                    227,796.35   
 Less:     Reservation Fee (RF)                                                                           (20,000.00) 
DOWNPAYMENT NET OF RF                                                                             207,796.35  
                                                            
1st – 12th Downpayment                                             17,316.36/month                                
BALANCE LESS DOWN PAYMENT
 (Loanable from a financing institution)                                                          P 2,050,167.19
                                            
SAMPLE BANK COMPUTATION:     (based on 8.88% fixed rate/may vary depending on the bank's                                                                       prevailing rates/promos )                                                         
               20 years to pay  18,287.96                                                        
               15 years to pay  20,648.06                                                        
               10 years to pay  25,837.69                                                        
                5 years to pay   42,438.80          

4 comments:

  1. Thank you for this article! This property really suits my taste. Due to the inconveniences I’ve experience travelling far from the city, I’ve decided to invest a unit within Manila area. I am currently checking on affordable Empire East condo. I will check also the property you’ve mentioned above. Thanks again for sharing.

    ReplyDelete
  2. This is a great deal! you can also direct to amaia land website for more info visit Affordable Condo for sale in Pasig

    ReplyDelete
  3. How Lemeridian funding service  grant me a loan!!!

    Hello everyone, I'm Lea Paige Matteo from Zurich Switzerland and want to use this medium to express gratitude to lemeridian funding service for fulfilling his promise by granting me a loan, I was stuck in a financial situation and needed to refinance and pay my bills as well as start up a Business. I tried seeking for loans from various loan firms both private and corporate organisations but never succeeded and most banks declined my credit request. But as God would have it, I was introduced by a friend named Lisa Rice to Le_meridian funding service and undergone the due process of obtaining a loan from the company, to my greatest surprise within 48hrs just like my friend Lisa, I was also granted a loan of $216,000.00 So my advise to everyone who desires a loan, "if you must contact any firm with reference to securing a loan online with low interest rate of 1.9% and better repayment plans/schedule, please contact Le_meridian funding service. Besides, he doesn't know that am doing this but due to the joy in me, I'm so happy and wish to let people know more about this great company whom truly give out loans, it is my prayer that GOD should bless them more as they put smiles on peoples faces. You can contact them via email on {lfdsloans@lemeridianfds.com Or lfdsloans@outlook.com} or Text through Whatsapp +1-989 394 3740.

    ReplyDelete

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