SOUTHPLAINS SAMPLE COMPUTATION: HOUSE AND LOT

MODEL UNIT                                            STA. IGNACIA

LOT AREA (sqm.)                                          150

FLOOR AREA                                                    50

TOTAL PRICE                                          P1,655,000.00

20% DOWNPAYMENT                                   331,000.00

LESS: 5% disct. (7days)                                16,550.00

            RESERVATION                                   20,000.00

NET DOWNPAYMENT                                P294,450.00

BALANCE                                                      P1,324,000.00

MONTLY -IN HOUSE

10 YRS @ 14% p.a.                                       20,561.72

5 YRS @ 14% p.a.                                         30,809.48