Charlotte House Model

Information About The Charlotte House Model for Bellefort Estates

SAMPLE COMPUTATION FOR BELLEFORT ESTATES

IN-HOUSE FINANCING SCHEME
(INNER LOT)

PRICE STARTS AT PHP 2,500,000.00 AND UP

Typical Selling Price	Php 2,500,000.00
Total Contract Price	Php 2,635,490.00
Loanable Amount	Php 1,844,843.00
DP/Equity Payment	Php 790,647.00
Less: Reservation Fee	Php 20,000.00
Net Equity	Php 770,647.00
Monthly Equity Payment – Payable within 30 mos.	25,688.23
Monthly Amortization (Excluding MRI/Fire)
5 years to pay with 18% interest	Php 46,846.89
10 years to pay with 21% interest	Php 36,884.25

BANK FINANCING SCHEME
(INNER LOT)

PRICE STARTS AT PHP 2,500,000.00 AND UP

Typical Selling Price	Php 2,500,000.00
Total Contract Price	Php 2,723,760.00
Loanable Amount	Php 2,179,008.00
DP/Equity Payment	Php 544,752.00
Less: Reservation Fee	Php 20,000.00
Net Equity	Php 524,752.00
Monthly Equity Payment – payable within 24 mos.	Php 21,864.67
Monthly Amortization • Bank Financing computation is base on your bank of choice and subject to the bank’s requirements • Bank’s prevailing interest at point of takeout shall apply • Indicative interest rate shall be used in computing for monthly amortization
15 years to pay with 10.5% interest	Php 24,086.73
20 years to pay with 10.5% interest	Php 21,754.78

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