1,500,000

Purok Galingan, Brgy. Mabuhay, Davao City

Lot Area: 90 sqm Property Highlights

Floor Area: 45 sqm Energy-Star rated

windows
2 bedrooms
Programmable
1 bathroom thermostat

1 car garage Granite countertop

in the kitchen

Total Contract price: 1,500,000.00

Reservation Fee: 10,000.00 Equity amount: 150,000.00
Monthly payment (18mos.): 7,777.78

Est. Loanable amount: 1,350,000.00

Interest rate per annum Interest Maturity Number of Monthly

(compounded annually): Rate 5% Value months payments

25 3.39 4,571,579.17 300 15, 238.60

20 2.65 3,581,951.90 240 14, 924.80

15 2.08 2,806,553.04 180 15, 591.96

10 1.63 2,199,007.75 120 18, 325.06

5 1.28 1,722,980.11 60 28, 716.34

 25 years 15 years
𝑟 𝑟
A = P (1 + 𝑛)𝑛𝑡 A = P (1 + 𝑛)𝑛𝑡
0.05 (1)(25) 0.05 (1)(15)
= 1,350,00(1 + ) =1,350,000 (1 + )
1 1
= 4,571,579.17 = 2,806,553.04

I=A–P I=A–P
= 4,571,579.17 – 1,350,000 = 2,806,553.04 –1,350,000
= 3,221,579,17 = 1456,553.04

MD = MV/Months MD = MV/Months
= 4,571,579.17/ 300 = 2,806,553.04/ 180
= 15238.60 = 15591.96

20 years 10 years
𝑟 𝑟
A = P (1 + 𝑛)𝑛𝑡 A = P (1 + 𝑛)𝑛𝑡
0.05 (1)(20) 0.05 (1)(10)
= 1,350,000 (1 + ) =1,350,000 (1 + )
1 1
= 3,581,951.90 = 2,199,007.75

I=A–P I=A–P
= 3,581,951.90 - 1,350,000 = 2,199,007.75 - 1,350,000
= 2,231,951.9 = 849,007.75

MD = MV/Months MD = MV/Months
= 3,581,951.90/ 240 = 2,199,007.75/ 120
= 14924.80 = 18325.06

5 years
FORMULA
𝑟
A = P (1 + 𝑛)𝑛𝑡 Maturity Value
0.05 (1)(5)
= 1,350,000 (1 + ) 𝑟
1
A = P (1 + )𝑛𝑡
= 2,806,553.04 𝑛
Interest
I=A–P
= 1,722,980.11 -1,350,000 I=A–P
= 1,722,980.11
Monthly Payment

MD = MV/Months MD = MV/Months
= 1,722,980.11/ 60
= 287,16.34