Payment Terms

ONLY 10% DOWN PAYMENT PAYABLE IN 18 MONTHS

90% THRU BANK FINANCING

SAMPLE COMPUTATION FOR A STUDIO UNIT:

TOWER	Fidela
FLOOR	8TH
UNIT	18
AREA	23.31 SQM.
UNIT TYPE	STUDIO
TOTAL CONTRACT PRICE		1,666,900.00
OTHER CHARGES		156,280.21
NET SELLING PRICE W/ CHARGES		1,823,180.21
10% DOWN PAYMENT		182,318.02
RESERVATION		20,000.00
DOWN PAYMENT NET OF RF		162,318.02
10% DUE & PAYABLE AS FOLLOWS:
1st DP		9,017.67
2nd DP		9,017.67
3rd DP		9,017.67
4th DP		9,017.67
5th DP		9,017.67
6th DP		9,017.67
7th  DP		9,017.67
8th DP		9,017.67
9th DP		9,017.67
10th DP		9,017.67
11th DP		9,017.67
12 to 18th DP		9,017.67
Balance of Net Selling Price less Down Payment        1,640,862.19
Sample Bank Computation: (Loanable from a financing institution)
20 years to pay	14,636.87
15 years to pay	16,525.79
10 years to pay	20,679.34
5 years to pay	33,966.12
Note: The above monthly amortization is computed based on 8.88% interest rate for the term indicated .
However, the actual rate is fixed for 5 years, subject to repricing on the 6th year onwards.
The actual amount will be based on the financing institution's interest rate. TOWER Fidela FLOOR 4th UNIT 3 AREA 33.44 sqm. UNIT TYPE deluxe with balcony TOTAL CONTRACT PRICE  2,528,000.00 OTHER CHARGES 237,012.64 NET SELLING PRICE W/ CHARGES 2,765,012.64 10% DOWN PAYMENT 276,501.26 RESERVATION 20,000.00 DOWN PAYMENT NET OF RF 256,501.26 10% DUE & PAYABLE AS FOLLOWS: 1st DP  14,250.07 2nd DP  14,250.07 3rd DP  14,250.07 4th DP  14,250.07 5th DP  14,250.07 6th DP   14,250.07 7th  DP   14,250.07 8th  DP 14,250.07 9th DP  14,250.07 10th DP  14,250.07 11th DP  14,250.07 12th to 18th months DP  14,250.07 Balance of Net Selling Price less Down Payment                             2,488,511.38 Sample Bank Computation: (loanable from a financing institution ) 20 years to pay 22,198.00 15 years to pay 25,062.80 10 years to pay 31,362.00 5 years to pay 51,512. Note: The above monthly amortization is computed based on 8.88% interest rate for the term indicated . However, the actual rate is fixed for 5 years, subject to repricing on the 6th year onwards. The actual amount will be based on the financing institution's interest rate.