21/06/2011
LA GUARDIA FLAT 2
UNIT 602
ACTUAL COMPUTATION
THROUGH PAG – IBIG
TOTAL SELLING PRICE -------------------------------------------------- 1,635,876.00
DOWNPAYMENT -------------------------------------------------- 30%
BALANCE --------------------------------------------------- 70%
NOTE: DOWN PAYMENT IS PAYABLE WITHIN 18 MONTHS.
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COMPUTATION FOR DOWN PAYMENT
1,635,876.00 x 30% = 490,762.80
- 20,000.00 = Reservation Fee
470, 762.80
/ 18 = Down payment is payable within 18 months.
26,153.49 = Monthly dues within 18 months.
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COMPUTATATION FOR THE BALANCE
1,635,876.00 x 70% = 1,145,113.20 = loanable amount for PAG - IBIG financing
FOR 25 YEARS MORTGAGE = MONTHLY AMORTIZATION IS 11,000.00 or less
FOR 30 YEARS MORTGAGE = MONTHLY AMORTIZATION IS 10,000.00 or less
FOR IN HOUSE FINANCING
TOTAL SELLING PRICE -------------------------------------------- 1,635,876.00
DOWNPAYMENT -------------------------------------------- 20%
BALANCE --------------------------------------------- 80%
COMPUTATION FOR DOWN PAYMENT
1,635,876.00 x 20% = 327,175.20
- 20,000.00 = Reservation fee
307, 175.20
/ 18 = Down payment is payable within 18 months.
17, 065.29 = Monthly dues within 18 months.
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COMPUTATATION FOR THE BALANCE
IF PAYMENT MADE WITHIN ONE YEAR
1,635,876.00 x 80% = 1,308,700.8
x 1.11
1,452,657.888
/ 12 = Months payable
121, 054. 824 = Monthly amortization within 12 months
IF PAYMENT MADE WITHIN TWO YEARS
1,635,876.00 x 80% = 1,308,700.8
x 1.22
1,596,614. 976
/ 24
66, 525. 624 = Monthly amortization within 24 months
IF PAYMENT MADE WITHIN THREE YEARS
1,635,876.00 x 80% = 1,308,700.8
x 1.36
1,779,833.088
/ 36
49,439.808 = Monthly amortization within 36 months
IF PAYMENT MADE WITHIN FOUR YEARS
1,635,876.00 x 80% = 1,308,700.8
x 1.48
1,936,877.184
/ 48
40, 351. 608 = Monthly amortization within 48 months
IF PAYMENT MADE WITHIN FIVE YEARS
1,635,876.00 x 80% = 1,308,700.8
x 1.60
2,093, 921.28
/ 60
34, 898. 688 = Monthly amortization within 60 months
IF PAYMENT MADE WITHIN SIX YEARS
1,635,876.00 x 80% = 1,308,700.8
x 1.84
2,408, 009. 472
/ 72
33, 444 . 576 = Monthly amortization within 72 months
IF PAYMENT MADE WITHIN SEVEN YEARS
1,635,876.00 x 80% = 1,308,700.8
x 1.98
2,591,227.584
/ 84
30, 847. 95 = Monthly amortization within 84 months
IF PAYMENT MADE WITHIN EIGHT YEARS
1,635,876.00 x 80% = 1,308,700.8
x 2.12
2, 774,445. 696
/ 96
28, 900.476 = Monthly amortization within 96 months
IF PAYMENT MADE WITHIN NINE YEARS
1,635,876.00 x 80% = 1,308,700.8
x 2.26
2,957,663. 808
/ 108
27, 385. 776 = Monthly amortization within 108 months
IF PAYMENT MADE WITHIN TEN YEARS
1,635,876.00 x 80% = 1,308,700.8
x 2.40
3, 140, 881.92
/ 120
26, 174. 016 = Monthly amortization within 120 months