Total Contract Price: P 4,171,800.00
Reservation Fee : P 40,000.00
SAMPLE COMPUTATION:
Bank Financing:
Total Contract Price: P 7,735,959.00
Loanable Amount: 6,188,767.20
Equity: P 1,395,746.50
( 30 days cash payment discounted w/ 8% )
Equity payable in 1 year to pay at P 125,599.32/mo.
2 years to pay at P 66,437.56/mo.
Banks Estimated Balance Payable:
15 years to pay at P 68,410.57/mo.
20 years to pay at P 71,787.41/mo.