| THE CURRENCY (Ortigas Project) | MISCE= LLANEOUS FEE DIVISORS | |||||||||
| Sample Computation | 1.05 | |||||||||
| 17th Floor / 17A facing emerald | 1.17 | |||||||||
| 2 BR | 42.78 | |||||||||
| CLIENT NAME: | ||||||||||
| TO= TAL CONTRACT PRICE (TCP) | 3,679,000 | |||||||||
| Reservation Fee= | = 25,000 | |||||||||
| Buyers' Promo | 100,000 | |||||||||
| OPTION | PAYABLE PERIOD (i= n mos.) | AMOUNT | DUE DATE | |||||||
| Option 1 - Spot cash | 3,579,000 | |||||||||
| Le= ss: Reservation Fee | = (25,000) | |||||||||
| Ne= t Payable Amount | 3,554,000 | |||||||||
| Divided by | 1.170 | 3,037,607 | ||||||||
| Le= ss: 12% discount | = (364,513) | |||||||||
| Amount Due | 3,189,487 | Day 7 | ||||||||
| Option 2 - 50/= 50 | ||||||||||
| First 50% | 1,789,500 | |||||||||
| Le= ss: Reservation Fee | = (25,000) | |||||||||
| Ne= t Payable Amount | 1,764,500 | |||||||||
| Divided by: | 1.170 | 1,508,120 | ||||||||
| Le= ss: Discount 12% | = (180,974) | |||||||||
| Amount Due | 1,583,526 | Day 7 | ||||||||
| Balance 50% | 1,789,500 | Month 48 | ||||||||
| Option 3 - Spo= t 15 | ||||||||||
| First 15% | = 536,850 | |||||||||
| Le= ss: Reservation Fee | = (25,000) | |||||||||
| Ne= t Payable Amount | = 511,850 | |||||||||
| Divided by: | 1.170 | = 437,479 | ||||||||
| Le= ss: 8% discount | = (34,998) | |||||||||
| Spot Payment<= /td> | = 476,852 | Day 7 | ||||||||
| Next 25% | 36 | = 24,854 | Month 1 - 30 | |||||||
| Balance 60% | 2,147,400 | upon turn-over | ||||||||
| Option 4 - Def= erred 48 | 3,579,000 | |||||||||
| Le= ss: Reservation Fee | (25,000) | |||||||||
| Monthly Amortization, 0% | 48 | = 74,042 | Month 1- 38 | |||||||
| Option 5 - Reg= ular Payment | 3,579,000 | |||||||||
| Le= ss: Reservation Fee | (25,000) | |||||||||
| 3= 0% | 36 | = 29,139 | Month 1 - 36 | |||||||
| 70% | BALANCE | 2,505,000 | upon turn-over | |||||||
| Option 6 - Low= Monthly Payment | 3,579,000 | |||||||||
| Le= ss: Reservation Fee | (25,000) | |||||||||
| Next 20% | 30 | 23,033 | Month 1 - 30 | |||||||
| Next 10% | 6 | = 59,667 | every 6 months | |||||||
| Balance 70% | 2,505,000 | upon turn-over | ||||||||
| Bank Financing<= /td> | ||||||||||
| 5 yrs @ 12% in= terest | 55,722.34 | |||||||||
| 10 yrs @ 12% i= nterest | 35,939.47 | |||||||||
| 15 yrs @ 12% i= nterest | 30,064.21 | |||||||||
| In-House Finan= cing | ||||||||||
| 5 yrs @ 18% in= terest | 63,610.54 | |||||||||
| 10 yrs@ 19% in= terest | 46,761.43 |