|
SAMPLE COMPUTATION
|
|
Option 1: No Down, No Interest (2 years to
pay)
|
Reservation Fee:
|
10,000 |
Balance After Reservation Fee:
|
1,284,218 |
Monthly Amortization (x 24 months):
|
53,510 |
|
Option 2: Bank Financing |
10.00% Downpayment:
|
129,422
|
Reservation Fee:
|
10,000 |
Balance of D/P After Reservation Fee:
|
119,422 |
Monthly Amortization (x 6 month(s)):
|
19,904 |
90% Bank Financing:
|
1,164,796
|
Monthly Amortization
|
5 years:
|
23,618 |
10 years:
|
14,133 |
15 years:
|
11,132 |
20 years (locally employed):
|
9,743 |
|
Option 3: In-house Financing |
Downpayment:
|
129,422
|
Reservation Fee:
|
10,000 |
Balance of D/P After Reservation Fee:
|
119,422 |
Monthly Amortization (x 6 month(s)):
|
19,904 |
Amount For In-house Financing:
|
1,164,796
|
Monthly Amortization
|
5 years:
|
24,749 |
10 years:
|
18,792 |
15 years:
|
19,603 |