BluHomes Maya is a certified green building development as certified by Edge of World Bank. It is located in Amparo Village, North Caloocan City. Each home has 3 bedrooms, 2 toilets, 1 car garage, 62sqm floor area and 52.5sqm lot area. It is developed by Aztala Corporation
33. P20,000 Reservation Fee (cash only)
10% minimum DP
90% Bank Financing
For 100% spot cash, discount of P34,000
Accredited bank: UCPB
Payment Terms
34. Transfer Fee
Approx. 4% of the TCP
Transfer Tax, Doc Stamp,
Registry Fees, etc.
Bank Charges
Approx. 3% of the loan
For bank loans only
MRI, Processing Fees
Other Payables
35. Total Contract Price = P 3,400,000
Transfer Fee (4%) = P 136,000
Bank Fees = P 91,800
Amount Due = P 3,627,800
Sample Computation
36. Amount Due = P 3,627,800
10% Down Payment = (P 362,780
Less Reservation Fee = (P 20,000)
Net Down Payment = (P 342,780
Sample Computation
37. Amount Due = P 3,627,800
90% Bank Financing = P 3,265,020
# of Years
to Pay
Monthly
Amortization
Req’d Gross
Family Income
5 64,651 215,504
10 37,909 126,365
15 29,346 97,823
20 25,313 84,378
Estimates only
7% interest
fixed for 5
years
Sample Computation