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SAMPLE COMPUTATION FOR H&L WITH EXTRA LOT OF 26 SQM
(Second Floor, 2 Bedroom fully finished)
HOUSE AND LOT
A. Total Selling Price P 820,000.00
B. Equity P 70,000.00
Equity 70,000
Less: Reservation Fee: 20,000
P 50,0000
3 Months to Pay 16,666.67
6 Months to Pay 8,333.33
C. Balance P 750,000.00
SUMMARY OF PAYMENTS:
Total Reservation Fee: 20,000.00
EQUITY: Monthly Installment: 5,000.00
Date of Checks3 months to pay6 months to pay
Mar-08 8,333.33
Apr-08 8,333.33
May-08 8,333.33
Jun-08 8,333.33
July-08 8,333.33
Aug-08 8,333.33
* Individual Payor (Add P200.00 to the pag-ibig monthly amortization)
* Currently employed or Active Pag-ibig Member
BALANCE: Pag-Ibig Loan: 750,000.00
Term of Loan (in years): 30
Monthly Amortization: 5,570.27
EXTRA LOT
Block No.:
Lot No.:
Lot Area: 26 SQM
A. TSP: 130,000.00
B. EQUITY 50,000.00
Equity: P 50,0000.00
Less RF: 30,000.00
20,000.00
 
3 Months to Pay 6,666.67
6 Months to Pay 3,333.33
C. Balance P 80,000.00
* 24 months to pay: P3,333.33
Overlapping to the Pag-ibig Monthly Amortization
Note: Reservation Fee of P20,000.00 for every house and lot and P30,000.00 for EXTRA LOT. 1st Monthly installment starts 1 month after paying the reservation fee
The houses are lots of 8 joined. The extra lot is for houses at the end. It is a grass garden and cannot be built on.