This document provides sample computations for purchasing a lot only, a lot with a house, or an additional house. It shows the lot area and price per square meter to determine the lot price. It also lists the floor area and price per square meter to determine the house price. It then calculates the total contract price, down payment amount, reservation fee, amount to finance, and monthly amortization over 5, 10, or 15 years with varying interest rates.
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Attribution Non-Commercial (BY-NC)
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This document provides sample computations for purchasing a lot only, a lot with a house, or an additional house. It shows the lot area and price per square meter to determine the lot price. It also lists the floor area and price per square meter to determine the house price. It then calculates the total contract price, down payment amount, reservation fee, amount to finance, and monthly amortization over 5, 10, or 15 years with varying interest rates.
This document provides sample computations for purchasing a lot only, a lot with a house, or an additional house. It shows the lot area and price per square meter to determine the lot price. It also lists the floor area and price per square meter to determine the house price. It then calculates the total contract price, down payment amount, reservation fee, amount to finance, and monthly amortization over 5, 10, or 15 years with varying interest rates.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOC, PDF, TXT or read online from Scribd
This document provides sample computations for purchasing a lot only, a lot with a house, or an additional house. It shows the lot area and price per square meter to determine the lot price. It also lists the floor area and price per square meter to determine the house price. It then calculates the total contract price, down payment amount, reservation fee, amount to finance, and monthly amortization over 5, 10, or 15 years with varying interest rates.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOC, PDF, TXT or read online from Scribd
Sample Computation Lot Only House&Lot Additional House
Lot Area 72 Price/sqm 4,300 Lot Price 309,600 Less 5% Discount - 15,480 Total Lot Price 294,120 Floor Area 36 36 Price/sqm 21,630 21,630 Total House Price 778,680 778,680 Net Total Contract Price 1,072,800 778,680 Down Payment (20% ) 58,824 214,560 155,736 Less Reservation Fee - 5,000 15,000 10,000 Net Down Payment 53,824 199,560 145,736 30 mos. to pay w/o interest 1,794 6,652 4,858 Amt to be financed (80%) 235,296 858,240 622,944 Monthly Amortization 5yrs. @ 15% p.a. 5,598 20,417 14,820 10yrs. @ 17% p.a. 4,089 14,916 10,827 15yrs. @ 19% p.a. 3,960 14,443 10,483