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SAMPLE COMPUTATION |
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Option 1: No Down, No Interest (2 years to pay) |
Reservation Fee: | 20,000 |
Balance After Reservation Fee: | 2,932,000 |
Monthly Amortization (x 24 months): | 122,167 |
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Option 2: Bank Financing 20% Down |
Downpayment: | 590,000 |
Reservation Fee: | 20,000 |
Balance of D/P After Reservation Fee: | 570,000 |
Monthly Amortization (x 12 month(s)): | 47,500 |
Amount For Bank Financing: | 2,362,000 |
Monthly Amortization |
5 years: | 50,769 |
10 years: | 31,872 |
15 years: | 26,110 |
20 years: | 23,582 |
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Option 3: In-house Financing |
Downpayment: | 590,000 |
Reservation Fee: | 20,000 |
Balance of D/P After Reservation Fee: | 570,000 |
Monthly Amortization (x 12 month(s)): | 47,500 |
Amount For In-house Financing: | 2,362,000 |
Monthly Amortization |
5 years: | 61,272 |
10 years: | 44,092 |
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Note: Sample computation only. Price may change without prior notice.
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