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Mallorca Villas Sample Computation
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
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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
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Property:
(b) Phase 3 Block 2 , Lot 8 (100sqm x P 11,250 /sqm = P 1,125,000.00
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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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