SAMPLE COMPUTATION:
Lot Area: 120 sq. m.
Price: P 6,500.00/sq. m.
Total Contract Price: P 780,000.00
20% Downpayment – P 156,000.00
Less: Reservation Fee 15,000.00
Net Downpayment P 141,000.00 – Payable 12 months at P 11,750.00/mo.
80% Balance – P 624,000.00 – Loanable to Bank or Pag-Ibig
30 years to pay – thru Pagibig = P 4,145.20/mo. ( base on 3 Year Reprising)
20 years to pay – thru Bank = P 5,715.84/mo.