Pontefino Sample Computation (1)

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BANK FINANCING INNER UNITS PHASE 2 PRIME CONDOTEL Total Contract Price (TCP) 6,515,625 3,925,000 3,874,000 Down Payment (20% of TCP) 1,303,125 785,000 774,800 Less: Full Reservation Fee 50,000 30,000 50,000 Net Down Payment 1,253,125 755,000 724,800 18 Months to Pay 69,618 41,944 40,267 Balance Payment (80% of TCP) 5,212,500 3,140,000 3,099,200 Monthly Amortization: 5 years to Pay – 10.5% (0.02149) 112,017 67,479 66,602 10 years to Pay – 11.5%(0.01406) 73,288 44,148 43,575 15 years to Pay – 12% (0.01200) 62,550 37,680 37,190 BANK FINANCING INNER UNITS PHASE 2 PRIME CONDOTEL Total Contract Price (TCP) 6,515,625 3,925,000 3,874,000 Down Payment (20% of TCP) 1,303,125 785,000 774,800 Less: Full Reservation Fee 50,000 30,000 50,000 Net Down Payment 1,253,125 755,000 724,800 18 Months to Pay 69,618 41,944 40,267 Balance Payment (80% of TCP) 5,212,500 3,140,000 3,099,200 Monthly Amortization: 5 years to Pay – 10.5% (0.02149) 112,017 67,479 66,602 10 years to Pay – 11.5%(0.01406) 73,288 44,148 43,575 15 years to Pay – 12% (0.01200) 62,550 37,680 37,190

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Sample Computation

Transcript of Pontefino Sample Computation (1)

Page 1: Pontefino Sample Computation (1)

BANK FINANCING INNER UNITS

PHASE 2 PRIME CONDOTEL

Total Contract Price (TCP) 6,515,625 3,925,000 3,874,000

Down Payment (20% of TCP) 1,303,125 785,000 774,800

Less: Full Reservation Fee 50,000 30,000 50,000

Net Down Payment 1,253,125 755,000 724,800

18 Months to Pay 69,618 41,944 40,267

Balance Payment (80% of TCP) 5,212,500 3,140,000 3,099,200

Monthly Amortization:

5 years to Pay – 10.5% (0.02149) 112,017 67,479 66,602

10 years to Pay – 11.5%(0.01406) 73,288 44,148 43,575

15 years to Pay – 12% (0.01200) 62,550 37,680

37,190

BANK FINANCING INNER UNITS

PHASE 2 PRIME CONDOTEL

Total Contract Price (TCP) 6,515,625 3,925,000 3,874,000

Down Payment (20% of TCP) 1,303,125 785,000 774,800

Less: Full Reservation Fee 50,000 30,000 50,000

Net Down Payment 1,253,125 755,000 724,800

18 Months to Pay 69,618 41,944 40,267

Balance Payment (80% of TCP) 5,212,500 3,140,000 3,099,200

Monthly Amortization:

5 years to Pay – 10.5% (0.02149) 112,017 67,479 66,602

10 years to Pay – 11.5%(0.01406) 73,288 44,148 43,575

15 years to Pay – 12% (0.01200) 62,550 37,680

37,190