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SAMPLE COMPUTATION |
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Option 1: No Down, No Interest (3 years to pay) |
Reservation Fee: | 25,000 |
Balance After Reservation Fee: | 3,324,202 |
Monthly Amortization (x 36 months): | 92,339 |
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Option 2: Bank Financing 32% Down |
Downpayment: | 1,072,202 |
Reservation Fee: | 25,000 |
Balance of D/P After Reservation Fee: | 1,047,202 |
Monthly Amortization (x 36 month(s)): | 29,089 |
Amount For Bank Financing: | 2,277,000 |
Monthly Amortization |
5 years: | 49,508 |
10 years: | 31,366 |
15 years: | 25,881 |
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Option 3: In-house Financing 32% Down |
Downpayment: | 1,072,202 |
Reservation Fee: | 25,000 |
Balance of D/P After Reservation Fee: | 1,047,202 |
Monthly Amortization (x 36 month(s)): | 29,089 |
Amount For In-house Financing: | 2,277,000 |
Monthly Amortization |
5 years: | 59,067 |
10 years: | 42,506 |