House Model : LARA TWINHOME
Location :  Mandalagan, Bacolod City
Floor Area :  44 sqm.
Lot Area :  80 sqm.
Total Contract Price :  Php. 1,283,861.00
SAMPLE COMPUTATION
OPTION 1:  SPOT CASH
Reservation Fee :  Php. 10,000.00
Balance after Reservation Fee :  Php. 1,273,861.00
Promo Discount : Php. 122,272.00
Discounted Price :  Php. 1,151,589.00
OPTION 2:  No Downpayment, No Interest ( 2 Years to pay )
Reservation Fee : Php. 10,000.00
Balance after Reservation Fee :  Php. 1,273,861.00
Monthly Amortization ( 24 months ) :  Php. 53,077.54
OPTION 3:  IN-HOUSE FINANCING
15% Downpayment :  Php. 192,579.00
Reservation Fee :  Php. 10,000.00
Balance of Downpayment after Reservation Fee :  Php. 182,579.00
Monthly Amortization ( 12 Months ) :  Php. 15,214.91

85% Amount for In-house Financing :  Php. 1,091,282.00
Monthly Amortization:
5 years to pay :
1st year at 14% p.a. :  Php. 25,393.00
2nd to 5th year at 18% p.a. :  Php. 27,296.00
10 years to pay :
1st year at 14% p.a. :  Php. 16,944.00
2nd to 5th year at 18% p.a. :  Php. 19,458.00
15 years to pay :
1st year at 14% p.a. :  Php. 14,534.00
2nd to 5th year at 19% p.a. :  Php. 18,215.00
OPTION 4:  BANK FINANCING
20% Downpayment :  Php. 256,772.00
Reservation Fee :  Php. 10,000.00
Balance of Downpayment after Reservation Fee :  Php. 246,772.00
Monthly Amortization ( 12 Months ) :  Php. 20,564.33

80% Amount for Bank Financing :  Php. 1,027,089.00
Monthly Amortization:
5 years to pay :
1st year at 12% p.a. :  Php. 22,848.00
2nd to 5th year at 14% p.a. :  Php. 23,709.00
10 years to pay :
1st year at 12% p.a. :  Php. 14,736.00
2nd to 5th year at 14% p.a. :  Php. 15,852.00
15 years to pay :
1st year at 12% p.a. :  Php. 12,327.00
2nd to 5th year at 14% p.a. :  Php. 13,619.00
NOTE:
  1. Reservation Fee is Non- Refundable and Non-Transferable
  2. Prices are inclusive of Miscellaneous Fee and E-VAT. They do not include Fire Insurance, Mortgage Insurance Fees as well as Homeowners Association Dues.
  3. Prices shall be in effect on the date of pricelist and subject to change without prior notice.
  4. Discounts are net of E-VAT and Miscellaneous Customer Charges (MCC)
  5. No Discount for Deffered Cash Financing.
  6. The developer reserves the rights to correct any error in this computation sheet.
  7. Please make sure all checks payable to Communities Negros Occidental, Inc.
  8. Loanable amount is subject to the developers committee upon submission of complete document requirements.