"Sample computation"
Bank financing:

totaL contract price.....................................2,199,375
Reservation fee...........................................20,000
10% down payment net of res. fee...............199,983
payable in 9 months....................................22,215per/month

Monthly Amortization
Loanable amount.........................1,979,438
10 years @ 10%...................26,158
15 years @ 10%...................21,271
20 years @ 10%...................19,102

in-House Financing
20% down payment net of res. fee.......................419,875
payable in 12 months..........................................34,990per/month

Monthly Amortization
Loanable amount..........................1,759,500
5 years @16%................42,788
10 years @18%..............31,704
15 years @18%..............28,335

3 bedrooms
2 toilet and bath
floor area....70 SQM.
Lot area.....100 SQM.

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