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  • Fairlane Residences DMCI: Sample Computation Guide
    Maica Castillo
    in Fairlane Residences General Information
    Posted Mar 13, 07:19 AM

    UNIT: C- Fairlane 922/2BR/52.50 sqm

    List Price                                  : 9,568,000.00

    Select Your Downpayment   : 5%

    Number of Mos. to Pay         : 12 mo/s

    5% DP CHINABANK PROMO

    List Price                                  : 9,568,000.00

    Special Discount- 2.0%          : 191,360.00 (depends if there’s a promo)

    Net                                           : 9,376,640.00

    Total Contract Price                : 9,376,640.00

    Closing Fee- 10.5%                 : 984,547.20

    Total with Closing Fee           : 10,361,187.20

    DOWNPAYMENT FOR 12 MONTHS

    Downpayment- 5.0%              : 468,832.00

    Less: Reservation Fee             : 20,000.00

    Net Downpayment                  : 448,832.00

    Monthly DP- 12 mo/s              : 37,402.67 per Month

    BALANCE - CHINABANK ONLY

    Balance- 95.0%                       : 8,907,808.00

    Closing Fee (CF)                      : 984,547.20

    Total Balance + CF                  : 9,892,355.20

    MONTHLY AMORTIZATION

    Years   Rate     Monthly

    10        7.0%    114,858.63

    15        7.0%    88,915.29

    20        7.0%    76,695.32

    Please note that payment schemes, interest rates, and promos are subject to change and may vary depending on the unit type, other factors and may be subject to change over time.

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