
Rizal House Model Computation- Hidalgo Homes Davao
| House Model | RIZAL |
| Floor Area | 40.3 |
| Lot Area | 100 |
| Selling Price | Php1,648,000 |
| Reservation Fee | Php15,000 |
| Processing Cost | Php136,840 |
| Total Price (Inclusive of Processing Cost | Php1,784,840 |
A. Spot Cash
| Spot Cash (paid within 7 days) less 6% discount | Php1,534,120 |
| Spot Cash (paid within 30 days) less 3% discount | Php1,583,560 |
A. Downpayment
| 20% Downpayment | Php329,600 |
| Less: Reservation Fee | Php15,000 |
| Downpayment Balance | Php314,600 |
| Payable in 12 months at 0% interest (incl. processing cost) | Php37,620 |
| Payable in 24 months (incl. processing cost) | |
| Year 1 @ 0% interest | Php18,810 |
| Year 2 @ 12.5% interest | Php19,714.40 |
C. Financing
| 80% Balance (rate at 10% p.a.) | |
| Estimated monthly amortization 10 years | Php17,422.75 |
| Estimated monthly amortization 15 years | Php14,167.59 |
| Estimated monthly amortization 20 years | Php12,722.85 |
