This document provides the terms for purchasing a residential unit. The unit is 64.50 square meters with a balcony of 8 square meters and service area of 7 square meters. The list price is 3,700,000 with a 6% discount bringing the net price to 3,478,000. There is an additional 2% discount if documents are submitted within 30 days for a total contract price of 3,408,440. The terms require a 30% downpayment of 1,022,532 with the remaining 70% financed through a bank loan at 11% interest over 41 months. The document outlines various fees and closing costs associated with the purchase.

1. DATE: UNIT AREA: 49.50 sqm
BALCONY: 8.00 sqm
Reservation Date : SERIVICE AREA: 7.00 sqm
CLIENT: PARKING: - sqm
Address:
PROJECT:
BUILDING: RFO DATE: Aug-20
UNIT: No. of Months to RFO: 41
AREA: 64.50 SQM 7
TERMS: 30% DP; 70% BANK FINANCING
Unit Closing Fee Total
LIST PRICE 3,700,000.00
Discount 6.00% 222,000.00
Net 3,478,000.00
Discount (PDC) 2.00% 69,560.00
Total Contract Price 3,408,440.00 10.0% 340,844.00 3,749,284.00
Downpayment 1 30% 1,022,532.00
Spot Cash Discount -
Net Downpayment 1 1,022,532.00
Less: Reservation Fee 20,000.00
Net Downpayment 1 1,002,532.00
Payable in 41 mo/s 24,452.00 41 8,313.27 32,765.27
Due per month until AUG 2020
Balance for Bank Financing @ 11% 70% 2,385,908.00 2,385,908.00
Due on SEPT 2021
** indicative rate only, subject to bank's prevailing rate at the time of loan.
Total Contract price 3,408,440.00
Downpayment discount -
Net Contract Price 3,408,440.00
Important :
a. Reservation is subject to approval. In case approved, reservation fee is NON REFUNDABLE and valid for 30 days only.
Failure to submit required documents will cause AUTOMATIC CANCELLATION of reservation. (Please refer to Reservation Agreement for
list of documents)
b. Payment due after reservation fee:
Reservation date: Start of DP / MA
1st-7th every 7th of the month
8th-15th every 15th of the month
16th-22nd every 22nd of the month
23rd-30th/31st every 30th of the month ( or 28th if February )
c. The 2% discount can be availed provided complete documents are submitted within THIRTY (30) days from reservation date
d. Downpayment / Monthly Amortization should be fully covered by POST DATED CHECKS.
e. CLOSING FEES : this covers Documentary Stamp Tax, Transfer Fees, Registration Fees, notarial and
documentation fees and other administrative and handling fees in order to transfer
title to buyer's name
f. Condo dues : Upon unit turnovwer, buyer will be assessed of Joining fees, Meralco deposit, water meter
deposit, association dues and other charges.
Actual computation will be presented prior to turnover of unit.
g. Prices are subject to change without prior notice. Unit areas may change based on the final construction drawings.
Client:
Signature over printed name
Agent:
Signature over printed name
Sales Channel ebrokers
COMPUTATION SHEET
BENGALINE
2BEDROOM UNIT
3/3/17
15-Mar-17
MULBERRY PLACE
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