16. SAMPLE COMPUTATION Prices may vary depending on the preferred area. BANK FINANCING House Unit OAKS 2-Storey Lot Area (sqm) 88 Floor Area (sqm) 104 No. of Bedrooms 4 No. of Toilet & Bath 2 Total Selling Price 1,635,000.00 Add: Legal Miscellaneous Fee: 73,575.00 TOTAL CONTRACT PRICE 1,708,575.00 20% DOWNPAYMENT 327,000.00 Add: Legal Miscellaneous Fee: 73,575.00 TOTAL DOWNPAYMENT 400,575.00 Less: Reservation 20,000.00 NET DOWNPAYMENT 380,575.00 DP in 12 MONTHS/15 MOS. 25,371.67 Monthly Amortization 15 YRS to PAY @ 10.5% per annum 14,458.62 20 YRS to PAY @ 10.5% per annum (PHP) 13,058.81