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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: | 1,998,040 |
Monthly Amortization (x 36 months): | 55,502 |
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Option 2: Bank Financing 32% Down |
Downpayment: | 647,040 |
Reservation Fee: | 25,000 |
Balance of D/P After Reservation Fee: | 622,040 |
Monthly Amortization (x 36 month(s)): | 17,279 |
Amount For Bank Financing: | 1,376,000 |
Monthly Amortization |
5 years: | 29,918 |
10 years: | 18,955 |
15 years: | 15,640 |
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Option 3: In-house Financing 32% Down |
Downpayment: | 647,040 |
Reservation Fee: | 25,000 |
Balance of D/P After Reservation Fee: | 622,040 |
Monthly Amortization (x 36 month(s)): | 17,279 |
Amount For In-house Financing: | 1,376,000 |
Monthly Amortization |
5 years: | 35,695 |
10 years: | 25,687 |