* FOR WIND RESIDENCES BUILDING 1, 2, 3 and 4COMPUTATION TEMPLATE ONLY *

NAME:
UNIT NUMBER: WINDB041003
UNIT TYPE: 1 Bedroom
UNIT AREA (in sqm): 26.62
LIST PRICE: PHP 2,648,000
ORIENTATION ALFONSO
TURN OVER DATE: RFO

10% Spot 10% over 10 20% Spot 10% over 10

DEFFERED 10 10% Spot 90% Bal 10 10% over 10 mos; 90% 20% over 10 mos; 80%
PAYMENT TERM SPOT CASH mos; 80% Bal (Cash / mos; 70% Bal (Cash /
MONTHS Months Bal (Cash / Bank) Bal (Cash / Bank)
Bank) Bank)
List Price PHP 2,648,000.00 PHP 2,648,000.00 PHP 2,648,000.00 PHP 2,648,000.00 PHP 2,648,000.00 PHP 2,648,000.00 PHP 2,648,000.00
Percentage Discount 10% 3% 3% 0.0% 0.0% 1.00% 2.0%
Discount Amount 264,800.00 79,440.00 79,440.00 - - 26,480.00 52,960.00
Promo Discount
Total Discounted Price 2,383,200.00 2,568,560.00 2,568,560.00 2,648,000.00 2,648,000.00 2,621,520.00 2,595,040.00
Other Charges (6.5%) 154,908.00 166,956.40 166,956.40 172,120.00 172,120.00 170,398.80 168,677.60
VAT (12%) - if > P3,199,200 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL CONTRACT PRICE 2,538,108.00 2,735,516.40 2,735,516.40 2,820,120.00 2,820,120.00 2,791,918.80 2,763,717.60
Percentage Downpayment 100% 100% 10% 10% 20% 10% 20%
Downpayment Amount 0.00 0.00 273,551.64 282,012.00 564,024.00 279,191.88 552,743.52
Reservation Fee 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00
Net Downpayment 2,513,108.00 2,710,516.40 248,551.64 257,012.00 539,024.00 254,191.88 527,743.52
2nd Percentage Downpayment 0% 0% 90% 90% 80% 10% 10%
2nd Percentage Amount 0.00 0.00 2,461,964.76 2,538,108.00 2,256,096.00 279,191.88 276,371.76
SAMPLE PAYMENT SCHEDULE
Month 0 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00
Month 1 2,513,108.00 112,938.18 248,551.64 25,701.20 53,902.40 254,191.88 527,743.52
Month 2 112,938.18 246,196.48 25,701.20 53,902.40 27,919.19 27,637.18
Month 3 112,938.18 246,196.48 25,701.20 53,902.40 27,919.19 27,637.18
Month 4 112,938.18 246,196.48 25,701.20 53,902.40 27,919.19 27,637.18
Month 5 112,938.18 246,196.48 25,701.20 53,902.40 27,919.19 27,637.18
Month 6 112,938.18 246,196.48 25,701.20 53,902.40 27,919.19 27,637.18
Month 7 112,938.18 246,196.48 25,701.20 53,902.40 27,919.19 27,637.18
Month 8 112,938.18 246,196.48 25,701.20 53,902.40 27,919.19 27,637.18
Month 9 112,938.18 246,196.48 25,701.20 53,902.40 27,919.19 27,637.18
Month 10 112,938.18 246,196.48 25,701.20 53,902.40 27,919.19 27,637.18
Month 11 2,538,108.00 2,256,096.00 27,919.19 27,637.18
Month 12 2,233,535.04 2,210,974.08
Month 13
TOTAL PROCEEDS 2,538,108.00 1,154,381.83 2,735,516.40 2,820,120.00 2,820,120.00 2,763,717.60

Sample Computation: Bank Financing:

Term Factor Rate
5 years (7.50%) 0.021124240 0.021124240 - - 53,615.60 47,658.31 47,181.73 46,705.15
10 years (9.00%) 0.012667577 0.013769330 - - 34,948.05 31,064.93 30,754.28 30,443.63
15 years (9.50%) 0.010442247 0.011359688 - - 28,832.11 25,628.55 25,372.26 25,115.98
**Prevailing bank rates apply at time of loan availment.
Notes:
* OTHER CHARGES = (Registration Fees, Documentary Stamp Tax from BIR, Transfer Tax Fees from City Treasurer's Office,
Water & Meralco Meter Installation,Handling Fees, Miscellaneous fees)
* Bank Charges or In-house financing processing fee, Insurances (MRI & FIRE) and Association Dues / Working Capital are not included in the Total Contract Price.
* In case of payment of the Purchase Price through Bank Financing,the obligation to apply with and secure approval and release of the loan proceeds from the bank shall be the sole undertaking of the buyer concerned.

* All Additional Discounts shall be subject to approval.

* Any other payment schemes shall be subject to approval
* RESERVATION FEE = strictly non – refundable and cannot be credited to other units.
* all checks payable to SM DEVELOPMENT CORPORATION
*This document does not constitute nor form part of any contract and is for information purposes only.