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Unit Computation Sheet: Payment Schemes

This document provides a unit computation sheet and payment schedule for a home purchase. It lists the project name, building, unit details, prices, and a monthly payment breakdown over 6 months of downpayment and 180 months of amortization.

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Mico Rivera
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0% found this document useful (0 votes)
2 views3 pages

Unit Computation Sheet: Payment Schemes

This document provides a unit computation sheet and payment schedule for a home purchase. It lists the project name, building, unit details, prices, and a monthly payment breakdown over 6 months of downpayment and 180 months of amortization.

Uploaded by

Mico Rivera
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
Download as pdf or txt
Download as pdf or txt
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UNIT COMPUTATION SHEET

Project Name : Castillon Homes Phase3 (The


Residences)
Building : Phase 3
Floor : Block 10
Unit : Lot 17 (#243)
Product Type : House and Lot
- Sub Type :
Area (sqm) : 54.00
House Model : CARLIN Minimalist

Inclusions : -

Date (actual date of computation) : 3/1/2023 10:45:41 PM

Payment Schemes

Bank Financed
Price Computation
List Price : ₱ 1,169,715.39
Selling Price : ₱ 1,169,715.39
+ E-VAT : ₱ 0.00
+ Miscellaneous Fee : ₱ 117,010.22
+ Other Charges :
Bank Fee : ₱ 46,788.62
Other Charges - Miscellaneous Fee* : ₱ 58,485.77
CONTRACT PRICE : ₱ 1,392,000.00

Payment Breakdown
Reservation Fee : ₱ 5,000.00
Total Downpayment : ₱ 134,200.00
For Amortization : ₱ 1,252,800.00
CONTRACT PRICE : ₱ 1,392,000.00

Reservation
Reservation Fee : ₱ 5,000.00
Reservation Date : 03/01/2023

Downpayment
Type of Downpayment : Monthly Downpayment
% Downpayment : 10.00%
Net Downpayment (Less Reservation) : ₱ 134,200.00
Term (in month) : 6
Monthly Downpayment : ₱ 22,366.67
UNIT COMPUTATION SHEET
Start Date : 04/01/2023
End Date : 09/01/2023

Amortization
% of Remaining Balance : 90.00%
Remaining Balance : ₱ 1,252,800.00
No of Payments : 180
Frequency : Monthly
Interest : 10.00%
Monthly Installment : ₱ 13,462.65
Start Date : 10/01/2023
End Date : 09/01/2038

Disclaimer:
1. All checks must be payable to Filinvest Land, Inc.. Buyers are required to submit complete Post Dated Checks.
2. The Reservation Fee (RF) is non-refundable. Failure to pay the first downpayment on time (on or before due date),
will result to forfeiture of the RF. On the other hand, if the first downpayment is paid on or before due date, the
Reservation Fee may be credited as part of the payment of the Total Contract Price.
3. Filinvest Land, Inc. shall levy a late payment charge of 3% monthly on all sums due and unpaid under this
Application. The penalty will be due on the overdue amount for delays corresponding to a month or a fraction of a
month.
4. Prices and terms are subject to change without prior notice. Filinvest Land, Inc. reserves the right to correct any
typographical error in the preparation of this computation.
5. Total Contract Price (TCP) is inclusive of VAT title transfers and miscellaneous fees.
6. A sale of real estate is subject to 12% VAT if the new selling price exceeds the following amounts:
a. House and Lot - Php 3,199,200.00
b. Condominium unit - Php 3,199,200.00
c. Residential Lot - Php 0.00
d. Parking Lot - Php 0.00
7. MRI refers to Mortgage Redemption Insurance. This amount refers to premium paid to insurance company to fully
pay the loan in case of demise of the buyer/loan borrower.
8. Miscellaneous fees refer to the title transfer fees and expenses.
9. Please issue separate check for Other Charges.
10. For bank financing payment term, the bank interest rates are just indicative. The final loan interest rate shall be
determined by the bank at the time of loan arrangements and approval.
PAYMENT SCHEDULE

Month Due Date Reservation Fee Downpayment/Loan Remaining Balance


0 03/01/2023 ₱ 5,000.00 ₱ 1,387,000.00
1 04/01/2023 ₱ 22,366.67 ₱ 1,364,633.33
2 05/01/2023 ₱ 22,366.67 ₱ 1,342,266.66
3 06/01/2023 ₱ 22,366.67 ₱ 1,319,899.99
4 07/01/2023 ₱ 22,366.67 ₱ 1,297,533.32
5 08/01/2023 ₱ 22,366.67 ₱ 1,275,166.65
6 09/01/2023 ₱ 22,366.65 ₱ 1,252,800.00
7 Upon Loan Takeout ₱ 1,252,800.00 --
TOTAL ₱ 5,000.00 ₱ 1,387,000.00

Disclaimer:
1. All checks must be payable to Filinvest Land, Inc.. Buyers are required to submit complete Post Dated Checks.
2. The Reservation Fee (RF) is non-refundable. Failure to pay the first downpayment on time (on or before due date),
will result to forfeiture of the RF. On the other hand, if the first downpayment is paid on or before due date, the
Reservation Fee may be credited as part of the payment of the Total Contract Price.
3. Filinvest Land, Inc. shall levy a late payment charge of 3% monthly on all sums due and unpaid under this
Application. The penalty will be due on the overdue amount for delays corresponding to a month or a fraction of a
month.
4. Prices and terms are subject to change without prior notice. Filinvest Land, Inc. reserves the right to correct any
typographical error in the preparation of this computation.
5. Total Contract Price (TCP) is inclusive of VAT title transfers and miscellaneous fees.
6. A sale of real estate is subject to 12% VAT if the new selling price exceeds the following amounts:
a. House and Lot - Php 3,199,200.00
b. Condominium unit - Php 3,199,200.00
c. Residential Lot - Php 0.00
d. Parking Lot - Php 0.00
7. MRI refers to Mortgage Redemption Insurance. This amount refers to premium paid to insurance company to fully
pay the loan in case of demise of the buyer/loan borrower.
8. Miscellaneous fees refer to the title transfer fees and expenses.
9. Please issue separate check for Other Charges.
10. For bank financing payment term, the bank interest rates are just indicative. The final loan interest rate shall be
determined by the bank at the time of loan arrangements and approval.

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