2 Torre Lorenzo
TERMS OF PAYMENT
Unit No. 2815
Unit Type 1 Bedroom
Area 34.05 (c)'
Total List Price (c)' 6,563,100
VAT 787,572
Miscellaneous Fee 393,786
Total Contract Price 7,744,458
*OPTION 1 - CASH PAYMENT 30 Days 4
Total List Price 6,563,100
Less: Spot Cash Discount 8.0% - 525,048
Discounted List Price 6,038,052
Add: VAT (if applicable) 12% 724,566
Titling and Miscellaneous Fees 6% 362,283
TOTAL DISCOUNTED CONTRACT PRICE (TCP) (a) 7,124,901
Less: Retention Payable upon Turnover 50,000
Less: Reservation Fee 50,000
NET PAYABLE 7,024,901
*OPTION 2 - 20% SPOT DP, 80% BANK FINANCING
Total List Price 6,563,100
Less: Discount on Spot Downpayment 1.5% - 98,447
Discounted List Price 6,464,654
Add: VAT (if applicable) 12% 775,758
Titling and Miscellaneous Fees 6% 387,879
TOTAL CONTRACT PRICE (TCP) (a) 7,628,291
20% Down Payment 1,525,658
Less: Reservation Fee 50,000 -
Net Spot Down Payment 1,475,658
Payable 30 days from Reservation Date 1,475,658
80% Bank Financing (b) 6,102,633
Monthly for 5 years @ 10.0% p.a. 129,663
Monthly for 10 years @ 10.0% p.a. 80,647
Monthly for 15 years @ 10.0% p.a. 65,579
Monthly for 20 years @ 10.0% p.a. 58,892
In-House Financing
Monthly for 5-year term @ 12.0% p.a. 135,750
Monthly for 8-year term @ 15.0% p.a. 109,514
Monthly for 10-year term @ 15.0% p.a. 98,457
*OPTION 3 20% DP, 80% BANK FINANCING
Total List Price 6,563,100
Less: Discount
Discounted List Price 6,563,100
Add: VAT (if applicable) 12% 787,600
Titling and Miscellaneous Fees 6% 393,786
TOTAL CONTRACT PRICE (TCP) (a) 7,744,486
20% Down Payment 1,548,897
Less: Discount on Downpayment
Less: Reservation Fee 50,000 -
Net Down Payment 1,498,897
Payable in 6 months 249,816
*OPTION 4 EQUAL MONTHLY INSTALLMENT
Total List Price 6,563,100
Less: Discount 2.5% - 164,078
Discounted List Price 6,399,023
Add: VAT (if applicable) 12% 767,900
Titling and Miscellaneous Fees 6% 383,941
TOTAL CONTRACT PRICE (TCP) (a) 7,550,864
Less: Reservation Fee - 50,000
NET PAYABLE 7,500,864
Payable in 6 months 1,250,144
80% Bank Financing (b) 6,195,589
Monthly for 5 years @ 10.0% p.a. 131,638
Monthly for 10 years @ 10.0% p.a. 81,875
Monthly for 15 years @ 10.0% p.a. 66,578
Monthly for 20 years @ 10.0% p.a. 59,789
In-House Financing
Monthly for 5-year term @ 12.0% p.a. 137,817
Monthly for 8-year term @ 15.0% p.a. 111,182
Monthly for 10-year term @ 15.0% p.a. 99,957
Notes:
a. TCP includes all applicable Taxes and Miscellaneous Fees
b. Rates used for computation of Bank Financing Amortization are indicative rates only,
subject to bank's prevailing rate at the time of loan.
c. Prices are subject to change without prior notice. Unit areas may change based on the final construction drawings