Picture
CITRON MODEL
Contract Price: Php 2,493,120

2 Storey / 2 Bedrooms
1 Toilet & Bath
Lot area: 130 sq.m
Floor area: 73 sq.m

Sample Computation
Contract Price (CP):     Php 2,493,120
Reservation Fee: Php 25,000


30% Downpayment (CP x 30%):   Php 747,936                                                
                70% Balance (CP-DP):   Php 1,745,184


DP Balance (30% DP - Reservation Fee) :   Php 722,936

                * DP Balance Payment Schemes:
   
                      3 months:         Php 240,978.67

                           6 months:                120,489.33
                          12 months:                 60,244.67


            * 70% Balance Payment Schemes:
a.) IN-HOUSE FINANCING
                                                                                                                     Monthly Amortization
                                                              
Factor Rate                              (Balance x Factor Rate)

1 year @ 0% interest                         0.083333333                                        Php 145,431.99
2 yrs @ 15% int. per annum            0.048486648                                                   84,618.12
3 yrs @ 15% int. per annum            0.036152396                                                   63,092.58

 
b.) BANK FINANCING                                         

                                                                                                                        Monthly Amortization
                                                                             
Factor Rate                  (Balance x Factor Rate)

estimated mo. amort. for 5 years                   0.0214939                               Php  37,510.81
estimated mo. amort. for 10 years                 0.01405954                                      24,536.48
estimated mo. amort. for 25 years                 0.01053224                                      18,380.70


c.) PAG-IBIG FINANCING                                    

 
                                                                                                                        Monthly Amortization
                                                                             
Factor Rate                  (Balance x Factor Rate)

estimated mo. amort. for 15 years                   0.01105399                           Php  19,291.25
estimated mo. amort. for 25 years                   0.00944182                                    16,477.71
estimated mo. amort. for 30 years                   0.00914739                                    15,963.88

 

                                note: Prices are subject to change without prior notice.
                                          Installments must be covered with Post Dated Checks (PDC).

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