LOT AREA ( sqm )                                              100

PRICE/sqm                                                       3,500 

TOTAL CONTRACT PRICE                         350,000.00

20% DOWNPAYMENT                                  70,000.00

LESS: 20% DISC.                                          14,000.00

         RESERVATION                                     10,000.00

         NET DOWNPAYMENT                       P  46,000.00

BALANCE                                                    P  280,000.00

MONTHLY 5 YRS. TO PAY

      1st year w/o int.                                            4,666.66

      4 yrs @ 14% int. p.a.                                    6,121.92

MONTHLY 10 YRS

      1rst year w/o int.                                           2,333.33

      9 yrs @ 14% int. p.a.                                    4,115.16