Conditional Purchase Agreement - Annex B 10% IN 12 MOS
SAMPLE COMPUTATION SHEET
Phase Block Lot Lot Area Floor Area Model Estimated Turnover
2 48 9 44.00 40.00 CALISTA MID Aug-2025
Total Contract Price 1,742,666.00
PAYMENT SCHEDULE : DOWNPAYMENT
Downpayment 10% of Total Contract Price Term: 12 month/s 174,266.60
Due Date Amount
Reservation Fee 31-May-24 15,000.00
1st Month Downpayment 30-Jun-24 9,200.00
2nd Month Downpayment 30-Jul-24 9,200.00
3rd Month Downpayment 30-Aug-24 9,200.00
4th Month Downpayment 30-Sep-24 9,200.00
5th Month Downpayment 30-Oct-24 9,200.00
6th Month Downpayment 30-Nov-24 9,200.00
7th Month Downpayment 30-Dec-24 9,200.00
8th Month Downpayment 30-Jan-25 9,200.00
9th Month Downpayment 28-Feb-25 9,200.00
10th Month Downpayment 30-Mar-25 9,200.00
11th Month Downpayment 30-Apr-25 9,200.00
12th Month Downpayment 30-May-25 8,066.60
13th Month Downpayment 31-May-25 50,000.00
PAYMENT SCHEDULE : BALANCE
DUE AND PAYABLE ON 90% on or before: 31-May-25 1,568,399.40
Bank Financing Projected Amortization
Term Interest Rate *please see Note 6
10.00% 12 180 15 years to pay 15 16,854.10
10.00% 12 120 10 years to pay 10 20,726.51
10.00% 12 60 5 years to pay 5 33,323.85
In-House Financing Projected Amortization
Term on or before Amort MRI/FI Total MA
130,699.95
10 years to pay 30-Jun-25 $0.02 26,272.75 1,089.17 27,361.91
5 years to pay 30-Jun-25 $0.02 36,493.91 2,178.33 38,672.24
Notes:
1. Reservation Fee is non-transferable and non-refundable.
2. The Contract Price indicated herein is valid at the time of presentation and may be subject to change upon Official Reservation.
3. The Developer reserves the right to correct the figures appearing herein in the event errors in pricing and computation are discovered at any time due to system error, among others.
4. In the event that there is an increase in fees incurred to process the loan and transfer of title among others, the SELLER shall have the right to charge the BUYER, and the BUYER agrees
to pay an amount proportionate to or corresponding to the said adjustment/s on or before the full payment of the Contract Price.
5. If the final Loanable Value is lower than initially presented amount, the BUYER agrees to pay the Loan Difference within the remaining downpayment term. If the downpayment has
already been fully paid or if the DP term has already lapsed, the Loan Difference shall be paid within fifteen (15) days from notice by the bank of its action on the loan application.
6. The Monthly Amortization is based on indicative interest rate of the Financing Institution at the time of Reservation. The final applicable rate shall be based on the approved
Letter of Guarantee (LOG).
7. In the event that the Buyer is unable to secure financing from the SELLER’s accredited bank / financial institution, and upon the SELLER’s approval of the account’s conversion to
In-House Financing, the Buyer shall pay the Balance of the Net Contract Price based on the schedule above.
8. All checks must be crossed and made payable to: PHIRST PARK HOMES INC.
- Only Philippine Checks shall be accepted.
- For Auto-Debit-Account (ADA), payment must be made on or before the approved above schedule payable to: PHIRST PARK HOMES INC.
- Applicable charges for cancellations, pull out, stop payment requests, etc. may be applied.
9. All required documents must be submitted on or before: 20-Jun-24
10. For Bank Financing, house turnover shall be expected 90 days after house completion or home loan takeout whichever comes later.
11. For In-House Financing, house turnover shall be expected 90 days after payment of at least 30% of the net contract price based on principal amount or house completion,
whichever comes later.
Prepared by: Conforme:
0 Arcelito Ace A. Flores Cheryl Ann B. PAURILLO
Signature Over Printed Name Signature Over Printed Name Signature Over Printed Name
Sales Administration Officer Sales Agent/Broker Principal Buyer
Customer BPID
Contract Number
Reservation Fee SI No.
*This computation sheet is unofficial unless signed by an authorized Sales Administration officer.
