Wednesday, February 5, 2014

THE LOOP 
LIMKETKAI CENTER, CAGAYAN DE ORO CITY



Studio unit
Total floor area: 20.10
Total contract price:               1,818,398
Less discount:                          25,000
Discounted contract price :   1,793,398

Option 1:   Step up downpayment:
5% downpayment                                                           89,670
Reservation fee                                                               25,000
Balance                                                                            64,670
Monthly downpayment for the 1st 12 months              5,389

10% downpayment                                                     179,340
Monthly downpayment for 18 months                  9,963

25% downpayment                                                     448,350
Monthly downpayment for 24 months                  18,681

Bank financing:
60% loanable amount                                               1,076,039
Monthly amortization for 15 years @ 10% pa        11,563
(subject for repricing)

Option 2: deffered cash 54 months @ 0% pa
Total contract price:                                       1,793,398
Reservation fee:                                               25,000
Balance:                                                                      1,768,398

Monthly payment for 54 months @ 0% pa:   32,748

Option 3:  12% spotcash discount
Total contract price:                                       1,793,398
Reservation fee:                                              25,000
Spotcash discount 12%:                                   197,196
Balance after 30 days of reservation:          1,571,202

1 bedroom unit
Total floor area: 29.55 sqm
Total contract price:               2,707,397
Less discount:                         
Discounted contract price :   

Option 1:   Step up downpayment:
5% downpayment                                                       135,370
Reservation fee                                                               25,000
Balance                                                                          110,370
Monthly downpayment for the 1st 12 months              9,197

10% downpayment                                                     270,740
Monthly downpayment for 18 months                  15,041

25% downpayment                                                     676,849
Monthly downpayment for 24 months                  28,202

Bank financing:
60% loanable amount                                               1,624,438
Monthly amortization for 15 years @ 10% pa        17,456
(subject for repricing)

Option 2: deffered cash 54 months @ 0% pa
Total contract price:                                       2,707,397
Reservation fee:                                               25,000
Balance:                                                                      2,682,397

Monthly payment for 54 months @ 0% pa:   49,674

Option 3:  12% spotcash discount
Total contract price:                                       2,707,397
Reservation fee:                                              25,000
Spotcash discount 12%:                                   295,573
Balance after 30 days of reservation:          2,386,823







2 BEDROOM UNIT
Total floor area:  50.81 sqm
Total contract price:               5,382,106
Less discount:                          40,000
Discounted contract price :   5,342,106

Option 1:   Step up downpayment:
5% downpayment                                                       267,105
Reservation fee                                                               40,000
Balance                                                                       227,105                      
Monthly downpayment for the 1st 12 months              18,925

10% downpayment                                                     534,211
Monthly downpayment for 18 months                  29,678

20% downpayment                                                     1,068,421
Monthly downpayment for 24 months                  44,518

Bank financing:
65% loanable amount                                               3,472,369
Monthly amortization for 15 years @ 10% pa        37,314
(subject for repricing)

Option 2: deffered cash 54 months @ 0% pa
Total contract price:                                       5,342,106
Reservation fee:                                               40,000
Balance:                                                                      5,302,106

Monthly payment for 54 months @ 0% pa:   98,187

Option 3:  12% spotcash discount
Total contract price:                                       5,342,106
Reservation fee:                                              40,000
Spotcash discount 12%:                                   532,363
Balance after 30 days of reservation:          4,769,743