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Single-attached | Park Place 2 | San Fernando Pampanga

₱2,647,715

Details

Park Place II is the new housing project of Pueblo De Oro located at Brgy. Del Carmen, City of San Fernando, Pampanga.

Bank Financing

Selling Price = 2,474,500
Additional Misc. Fee 7% 171,500

Total Contract Price = 2,647,715
Loan Value = 1,700,000
Total Equity = 947,715
Less Reservation Fee = 20,000
Net Cash Required = 927,715
Equity for 1-8 months = 46,385.75
Equity for 9-30 months = 25,301.32

Monthly Amortization thru bank 20yrs
10,745 (Gross monthly income = 35,817.19)

Combine Payment of monthly amortization and equity
= 57,130.91

Inhouse Financing

Selling Price = 2,474,500
Additional 7% Misc. Fee = 173,215
Total Contract Price = 2,647,715
Down Payment (30% based on selling price) = 742,350
Less Reservation Fee = 20,000
Net DP = 722,350
DP in 12 months = 60,195.83

70% Balance (based on selling price)= 1,732,150
Total Financing (plus 7% misc. fee) = 1,905,365

Monthly Amortization
3 yrs = 66,987
5 yrs = 46,334.77

Video

  • ID: 3482
  • Published: 20th March 2020
  • Last Update: 20th March 2020
  • Views: 305