Sample Computation/Payment Options

CALIFORNIA GARDEN SQUARE
2 BEDROOM, 57.5sqm. ( PRE-SELLING )
Unit Price	3,179,250
Less : Rebate	50,000
Total Contract Price	3,129,250
Less : Reservation	25,000
Net Contract Price	3,104,250
OPTION 1 :
NO DOWNPAYMENT 3YEARS TO PAY AT ZERO INTEREST
Net Contract Price	3,104,250/ 36months
Monthly amortization for month 1 - 36	86,229.16
OPTION 2 :
NO DOWNPAYMENT, PAYABLE IN 7 YEARS
15% Of TCP	469,387.50
Less : Reservation Fee	25,000
	444,387.5 / 4
Lumpsum payment divided into 4 equal payments,
once a year for 4 years, one year after the reservation	111,096.87
30% payable in 2 years WITHOUT INTEREST
P938,775 / 24 months
Monthly Amortization for month 1 - 24	39,115.62
55% payable in 5years @ 18% interest
P1,721.087.50 ( 0.0253934274 )
Monthly Amortization for 60months or 5 years	43,704.31
OPTION 3 :
NO DOWNPAYMENT, 12 YEARS TO PAY
15% TCP	469,387.50
Less : Reservation Fee	25,000
	444,387.50 / 4
Lumpsum payment divided into 4 equal payments,
once a year for 4 years, one year after the reservation	111,096.87
17% TCP payable in 2 years @ 18% interest
P531,972.50 ( 0.0499241020 )
Monthly Amortization starting month 1 - 24	26,558.24
68% TCP payable in 120months @ 18% interest
P2,127,890 ( 0.0180185199 )
Monthly Amortization for month 25 - up to the end of term	38,341.42
OTHER OPTIONS : ( PRE-SELLING )
UNIT PRICE :	3,179,250
Less : Rebate	50,000
Total Contract Price	50,000
20% Outright DOWNPAYMENT	600,850
Payable in 12 months	50,070.83
80% Balance
Payable in 2 years @ zero interest	104,308.33
Payable in 3years @ 16%	88,012.12
Payable in 5 years @ 16%	60,887.82
Payable in 7 years @ 16%	49,722.69
( READY FOR OCCUPANCY units )
UNIT PRICE :	3,457,350
Less : Rebate	50,000
Total Contract Price	3,407,350
20% Outright DOWNPAYMENT	656,470
Payable in 12 months	54,705.83
80% Balance
Payable in 2 years @ zero interest	113,578.33
Payable in 3years @ 16%	95,833.85
Payable in 5 years @ 16%	66,288.11
Payable in 7 years @ 16%	54,141.60