Bf City Homes 2-Model House 1 Scheme: ( Finished Unit )

80% Principal Balance: 2,800,000.00( Bank of Commerce rate @ 5.25% per annum fixed for one year only )
20 years to pay = 18,867.64/mo. ( Couple gross income required is 64,953.00/mo.; age limit less than 45 years old )
15 years to pay = 22,508.58/mo.  ( Couple gross income required is 76,506.00/mo.; age limit less than 50 years old )

PAG-IBIG FINANCING ( Unofficial appraise amount below probably lower than 70% )
Total Contract Price: Php 3,500,000.00
Reservation Fee: 50,000.00

40% Equity/Downpayment: 1,400,000.00
Less Reservation Fee:            30,000.00
1,370,000.00
Plus Misc. Fee                     100,000.00
Net Equity/Downpayment:  1,470,000.00 ( 30 months to pay 0 interest )
30 months to pay: 49,000.00/month

60% Principal Balance: 2,100,000.00 ( PAG-BIG rate @ 6.987 % per annum fixed for three years )
30 years to pay = 11,596.28/mo. ( Couple gross income required is 40,000.00/mo.; age limit less than 45 years old )
25 years to pay = 12,584.20/mo.  ( Couple gross income required is 45,000.00/mo.; age limit less than 50 years old )
20 years to pay = 14,150.73/mo. ( Couple gross income required is 50,000.00/mo.; age limit less than 55 years old )

IN-HOUSE FINANCING Computation (5 years):
Total Contract Price: Php 3,500,000.00
Less Reservation Fee:         30,000.00
3,470,000.00
30% Downpayment:  1,041,000.00 ( 30 months to pay 0 interest )
30 months to pay: 34,700.00/month

70% Balance: 2,450,000.00 Plus Misc. Fee 100,000.00 ( 5 years to pay )
*5 years to pay @ 24% per annum = 70,481.52/mo.

NOTE: Ammortizations above are exclusive of Mortgage Redemption and Fire Insurances.
LATEST UPDATE AS OF MARCH 18, 2016