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Lucerne-RFO-Sample-Computation

The document is a quotation sheet for the Peak View project, detailing the total contract price of 31,286,000.00 PHP and various payment schemes including spot cash and bank financing options. It outlines discounts available within specific timeframes and provides calculations for down payments, monthly amortizations, and loanable amounts based on different financing terms. The developer retains the right to amend any errors in the computation sheet.

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alecbasis
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2 views1 page

Lucerne-RFO-Sample-Computation

The document is a quotation sheet for the Peak View project, detailing the total contract price of 31,286,000.00 PHP and various payment schemes including spot cash and bank financing options. It outlines discounts available within specific timeframes and provides calculations for down payments, monthly amortizations, and loanable amounts based on different financing terms. The developer retains the right to amend any errors in the computation sheet.

Uploaded by

alecbasis
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

SAMPLE QUOTATION SHEET

NAME
PROJECT Peak View
LOT AREA 639 sqm 6,876 sqft BLOCK 5 LOT 3
FLOOR AREA 207 sqm 2,227 sqft MODEL LUCERNE RFO

TOTAL CONTRACT PRICE 31,286,000.00


RESERVATION FEE 150,000.00

PAYMENT SCHEME AMOUNT


A. SPOT CASH
TOTAL CONTRACT PRICE 31,286,000.00
LESS: RESERVATION FEE 150,000.00
DISCOUNT 8% 2,109,084.00 (Discount is valid w/in RS month)
TOTAL AMOUNT DUE 29,026,916.00

B. BANK FINANCING
DOWN PAYMENT 20% 6,257,200.00
OPTION 1
SPOT DP 20% 6,257,200.00
LESS: RESERVATION FEE 150,000.00
DISCOUNT 8% 412,216.00 (Discount is valid w/in RS month)
SPOT DP DUE 5,694,984.00

OPTION 2
SPOT DP 10% 3,128,600.00
LESS: RESERVATION FEE 150,000.00
SPOT DP DUE 2,978,600.00 (w/in RS month)

DP BALANCE 10% 3,128,600.00


DP PAYABLE IN 6 MONTHS 521,434.00

OPTION 3
SPOT DP 15% 4,692,900.00
LESS: RESERVATION FEE 150,000.00
DISCOUNT 6% 229,622.00 (Discount is valid w/in 30 days from reservation date;
SPOT DP DUE 4,542,900.00 to be deducted from the DP balance)

DP BALANCE 5% 1,564,300.00
LESS: DISCOUNT COMPUTED 229,622.00
FINAL DP BALANCE PAYABLE IN 3 MONTHS 1,334,678.00
MONTHLY DP PAYMENT 444,893.00

LOANABLE AMOUNT 80% 25,028,800.00


MONTHLY AMORTIZATION BANK LOAN
5 YEARS 8.0% 0.0202764 507,494.00
10 YEARS 8.0% 0.0121328 303,669.00
15 YEARS 8.0% 0.0095565 239,189.00
(For Bank Financing, interest rate shall be the prevailing rate at the time of loan release, subject to annual repricing)

Note: The Developer reserves the right to correct and/or change any error that may appear on this sample computation sheet.

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