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  • Mallorca Villas Sample Computation
    L. Alzona de los Reyes
    in South Forbes by Cathay Land
    Posted Jul 29, 2019

    Dear Ma'am/Sir:

    Mallorca Villas

    Perfect lot to build your dream home. Lot owners may choose to construct and design their own house so long as it coincide with the Community’s theme. Own designs are subject for approval.

    Searching for a flood-free and solid ground to build your dream house? Visit Mallorca Villas and avail our 5 Years to Pay 0% Interest Promo and Cash Payment for lot property.

    Location: Silang, Cavite (near Laguna and Tagaytay)

    12 km from Carmona Exit

    20 km from SM Dasma Center Aguinaldo Highway

    40 km from EDSA Magallanes

    ______________________________________________________________

    Property:

    (a) Phase 3 Block 2 , Lot 8 (100sqm x P 11,250 /sqm = P 1,125,000.00

    ----------------------------------------------------------------------------------------------------------Computation:

    Total Contract Price: P 1,125,000.00

    Discount ( 22% ): 247,500.00

    _________________

    Discounted Contract Price: P 877,500.00

    Reservation Fee ( paid ) : 10,000.00

    _________________

    Balance on TCP: P 867,500.00 payable after 30 days

    Plus: Estimated Transfer Expense: P 30,712.50

    _____________________________________________________________

    Property:

    (b) Phase 3 Block 2 , Lot 8 (100sqm x P 11,250 /sqm = P 1,125,000.00

    ______________________________________________________________

    Computation:

    Total Contract Price: P 1,125,000.00

    Discount (0%): _________________

    A. Downpayment P 112,500.00 (10% of TCP)

    Reservation Fee : P 10,000.00

    _________________

    Net DP Amount P 102,500.00 payable after 30 days

    B. Balance (90%) P 1,012,500.00 (90% of TCP)

    5 years at 0% Interest Rate P 16,875.00 per month for 60 months

    Plus: Estimated Transfer Expense: P 39,375.00

    ______________________________________________________________

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