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Rizal House Model at Hidalgo Homes

Rizal House Model

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

Rizal House Model Floor Plan- Hidalgo Homes Davao

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