"Sample computation"
Bank financing

Total contract price...........................................1,997,550
Reservation fee................................................20,000
10% down payment net of res. fee...................197,755
payable in 9 months.........................................19,973per/month

Monthly Amortization
Loanable amount................1,797,795
10years @ 10%......................23,758
15years @10%.......................19,319
20years @ 10%......................17,349

in-House financing
20% down payment net of res. fee......................379,510
payable in 12 months..........................................31,626per/month

loanable amount.......................1,598,040
Monthly Amortization
5years @ 16%.................38,861
10years @18%................28,794
15years @ 18%................25,735

floor area......60 SQM.
Lot area.......120 SQM.
3 bedrooms
1 toilet and bath

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