Sofia 30%spotdp 70% Inhouse Rfo 12

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DATE 09/16/2009

RESERVATION DAT
04.SOFIA
CLIENT: SAMPLE COMPUTATION PROJECTED COMPUTATION
ADDRESS: STANDARD SOFIA THESE COMPUTATIONS ARE NOT FINAL,
THEY BEING SUBMITTED TO THE CLIENT
FOR EVALUATION PURPOSES ONLY. ACTUAL
COSTINGS WILL CHANGE BASED ON FINAL
PROJECT: MAHOGANY 3
REQUIREMENTS
BUILDING: 0
BLOCK: 1
LOT: 45 RFO TERM: 12
LOT AREA: 75 RFO DATE:
UNIT AREA: 108.86 No. Months to RFO

TERMS: 30% SPOT DP 70% Balance thru In House RFO12

LIST PRICE COMPUTATION:


REF LIST PRICE DESCRIPTIO
BASE UNIT 6,818,000.00

LIST PRICE 6,818,000.00 Closing Fee Total


Discount 0.04 -272,720.00

Net 6,545,280.00
Discount (PDC) 0.02 -130,905.60

Total Contract Price 6,414,374.40 0.04 256,574.98 6,670,949.38

Downpayment 30.00% 1,924,312.32 256,574.98

Less: Reservation 50,000.00

Net Downpayment 1,874,312.32 256,574.98

SPOT DP Applicable 70.00% 0.00


SPOT DP Discount 4.00% 0.00

DP Balance Due 1,874,312.32

per month
DP Payable in 1 mo. 1,874,312.32 256,574.98 2,130,887.30

In House Financing 70.00% 4,490,062.08 per month


Monthly Ammortization 0.08333 12mo 374,171.84 374,171.84
0.04568 24mo 205,127.14 205,127.14
0.03227 36mo 144,881.73 144,881.73
0.02585 48mo 116,047.90 116,047.90
0.02224 60mo 99,878.92 99,878.92

TOTAL CONTRACT PRICE 6,414,374.40

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