SAMPLE COMPUTATION

BUILDING ONE
2BDR (MIDDLE) 2BR(CORNER) 2BDR SUITE 1 BDR DELUXE 1 BDR DELUXE
Floor Area: 55.64 58.46 83.57 54.84 44.41
Unit No. 502 1B 516 1A 9888 508 1B 305 1A

SELLING PRICE 2,948,920.00 3,156,840.00 4,345,640.00 2,632,320.00 2,131,680.00

Add: Other Charges 5.5% 162,190.60 173,626.20 239,010.20 144,777.60 117,242.40
Add: VAT (if applicable) 12% 353,870.40 378,820.80 521,476.80 315,878.40 -
TOTAL CONTRACT PRICE 3,464,981.00 3,709,287.00 5,106,127.00 3,092,976.00 2,248,922.40

Equity/Downpayment 20% 692,996.20 741,857.40 1,021,225.40 618,595.20 449,784.48

SPOT CASH DP - 0% discount - - - - -
Reservation Fee 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00
Net Downpayment 667,996.20 716,857.40 996,225.40 593,595.20 424,784.48

Deferred Downpayment
Option 1 (with lump sum payment)
5.0% Spot Payment 148,249.05 160,464.35 230,306.35 129,648.80 87,446.12
10% Payable in 16 months 21,656.13 23,183.04 31,913.29 19,331.10 14,055.77
5.0% Payable on the 17th month 173,249.05 185,464.35 255,306.35 154,648.80 112,446.12

Option 2 – Straight Payment

Payable in 15 mos 0% interest 44,533.08 47,790.49 66,415.03 39,573.01 28,318.97

BALANCE 80% 2,771,984.80 2,967,429.60 4,084,901.60 2,474,380.80 1,799,137.92

Option 1 - Bank Finance ( Banco de Oro)
Term Factor Rate Amortization Amortization Amortization Amortization Amortization
5 yrs (11%) 0.0219926100 60,963.18 65,261.52 89,837.65 54,418.09 39,567.74
10 yrs (11.25%) 0.0139168900 38,577.41 41,297.39 56,849.13 34,435.69 25,038.40
15 yrs (11.5%) 0.0116819000 32,382.05 34,665.22 47,719.41 28,905.47 21,017.35
Option 2 - In - house
Term Factor Rate Amortization Amortization Amortization Amortization Amortization
1 yr ( 13% ) 0.0893172800 247,586.14 265,042.74 364,852.30 221,004.96 160,694.11
2 yrs( 14% ) 0.0480128800 133,090.97 142,474.84 196,127.89 118,802.15 86,381.79
3 yrs(15% ) 0.0346653300 96,091.77 102,866.93 141,604.46 85,775.23 62,367.71
5 yrs(18% ) 0.0253934274 70,390.19 75,353.21 103,729.65 62,833.01 45,686.28
10 yrs (18%) 0.0180187520 49,947.71 53,469.38 73,604.83 44,585.25 32,418.22

Breakdown of other charges:

Registration Fees Transfer Tax
Annotation Fees Electric & Water connection
Documentary Stamp Legal Fees
Issuance of Title

*Prices may change w/o prior notice

*All checks payable to SM DEVELOPMENT CORPORATION
 BUILDING ONE 10DP

SAMPLE COMPUTATION
BUILDING ONE
2BDR (MIDDLE) 2BR(CORNER) 2BDR SUITE 1 BDR DELUXE 1 BDR DELUXE
Floor Area: 55.64 58.46 83.57 54.84 44.41
Unit No. 502 1B 516 1A 9888 508 1B 305 1A

SELLING PRICE 2,948,920.00 3,156,840.00 4,345,640.00 2,632,320.00 2,131,680.00

Add: Other Charges 5.5% 162,190.60 173,626.20 239,010.20 144,777.60 117,242.40
Add: VAT (if applicable) 12% 353,870.40 378,820.80 521,476.80 315,878.40 -
TOTAL CONTRACT PRICE 3,464,981.00 3,709,287.00 5,106,127.00 3,092,976.00 2,248,922.40

Equity/Downpayment 10% 346,498.10 370,928.70 510,612.70 309,297.60 224,892.24

SPOT CASH DP - 0% discount - - - - -
Reservation Fee 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00
Net Downpayment 321,498.10 345,928.70 485,612.70 284,297.60 199,892.24

Deferred Downpayment
Option 1 (with lump sum payment)
2.5% Spot Payment 61,624.53 67,732.18 102,653.18 52,324.40 31,223.06
5% Payable in 10 months 17,324.91 18,546.44 25,530.64 15,464.88 11,244.61
2.5% Payable on the 11th month 86,624.53 92,732.18 127,653.18 77,324.40 56,223.06

Option 2 – Straight Payment

Payable in 9 mos 0% interest 35,722.01 38,436.52 53,956.97 31,588.62 22,210.25

BALANCE 90% 3,118,482.90 3,338,358.30 4,595,514.30 2,783,678.40 2,024,030.16

Option 1 - Bank Finance ( Banco de Oro)
Term Factor Rate Amortization Amortization Amortization Amortization Amortization
5 yrs (11%) 0.0219926100 68,583.58 73,419.21 101,067.35 61,220.35 44,513.71
10 yrs (11.25%) 0.0139168900 43,399.58 46,459.57 63,955.27 38,740.15 28,168.21
15 yrs (11.5%) 0.0116819000 36,429.81 38,998.37 53,684.34 32,518.65 23,644.52

Breakdown of other charges:

Registration Fees Transfer Tax
Annotation Fees Electric & Water connection
Documentary Stamp Legal Fees
Issuance of Title

*Prices may change w/o prior notice

*All checks payable to SM DEVELOPMENT CORPORATION

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 BUILDING 2 20DP

SAMPLE COMPUTATION
BUILDING TWO
2BDR (CORNER) 1+1 TANDEM 2BDR SUITE 1 BDR DELUXE 1 BDR STANDARD 1 BDR W/BALCONY
Floor Area: 54.04 52.68 82.41 43.08 24.33 28.35
Unit No. 530 2A 512 1B /514 1B 5888 522 2B 508 2A 502 2A

SELLING PRICE 2,810,080.00 3,089,360.00 4,055,680.00 2,283,240.00 1,486,810.00 1,602,550.00

Add: Other Charges 5.5% 154,554.40 169,914.80 223,062.40 125,578.20 81,774.55 88,140.25
Add: VAT (if applicable) 12% 337,209.60 - 486,681.60 - - -
TOTAL CONTRACT PRICE 3,301,844.00 3,259,274.80 4,765,424.00 2,408,818.20 1,568,584.55 1,690,690.25

Equity/Downpayment 20% 660,368.80 651,854.96 953,084.80 481,763.64 313,716.91 338,138.05

SPOT CASH DP - 0% discount - - - - - -
Reservation Fee 25,000.00 50,000.00 25,000.00 25,000.00 25,000.00 25,000.00
Net Downpayment 635,368.80 601,854.96 928,084.80 456,763.64 288,716.91 313,138.05

Deferred Downpayment
Option 1 (with lump sum payment)
5.0% Spot Payment 140,092.20 112,963.74 213,271.20 95,440.91 53,429.23 59,534.51
10% Payable in 22 months 15,008.38 14,814.89 21,661.02 10,949.17 7,129.93 7,684.96
5.0% Payable on the 23rd month 165,092.20 162,963.74 238,271.20 120,440.91 78,429.23 84,534.51

Option 2 – Straight Payment

Payable in 21 mos 0% interest 30,255.66 28,659.76 44,194.51 21,750.65 13,748.42 14,911.34

BALANCE 80% 2,641,475.20 2,607,419.84 3,812,339.20 1,927,054.56 1,254,867.64 1,352,552.20

Option 1 - Bank Finance ( Banco de Oro)
Term Factor Rate Amortization Amortization Amortization Amortization Amortization Amortization
5 yrs (11%) 0.0219926100 58,092.93 57,343.97 83,843.29 42,380.96 27,597.81 29,746.15
10 yrs (11.25%) 0.0139168900 36,761.12 36,287.18 53,055.91 26,818.61 17,463.85 18,823.32
15 yrs (11.5%) 0.0116819000 30,857.45 30,459.62 44,535.37 22,511.66 14,659.24 15,800.38
Option 2 - In - house
Term Factor Rate Amortization Amortization Amortization Amortization Amortization Amortization
1 yr ( 13% ) 0.0893172800 235,929.38 232,887.65 340,507.77 172,119.27 112,081.36 120,806.28
2 yrs( 14% ) 0.0480128800 126,824.83 125,189.74 183,041.38 92,523.44 60,249.81 64,939.93
3 yrs(15% ) 0.0346653300 91,567.61 90,387.07 132,156.00 66,801.98 43,500.40 46,886.67
5 yrs(18% ) 0.0253934274 67,076.11 66,211.33 96,808.36 48,934.52 31,865.39 34,345.94
10 yrs (18%) 0.0180187520 47,596.09 46,982.45 68,693.59 34,723.12 22,611.15 24,371.30

Breakdown of other charges:

Registration Fees Transfer Tax
Annotation Fees Electric & Water connection
Documentary Stamp Legal Fees
Issuance of Title

*Prices may change w/o prior notice

*All checks payable to SM DEVELOPMENT CORPORATION

Page 3
 BUILDING 2 10DP

SAMPLE COMPUTATION
BUILDING TWO
2BDR (CORNER) 1+1 TANDEM 2BDR SUITE 1 BDR DELUXE 1 BDR STANDARD 1 BDR W/BALCONY
Floor Area: 54.04 52.68 82.41 43.08 24.33 28.35
Unit No. 530 2A 512 1B /514 1B 5888 522 2B 508 2A 502 2A

SELLING PRICE 2,810,080.00 3,089,360.00 4,055,680.00 2,283,240.00 1,486,810.00 1,602,550.00

Add: Other Charges 5.5% 154,554.40 169,914.80 223,062.40 125,578.20 81,774.55 88,140.25
Add: VAT (if applicable) 12% 337,209.60 - 486,681.60 - - -
TOTAL CONTRACT PRICE 3,301,844.00 3,259,274.80 4,765,424.00 2,408,818.20 1,568,584.55 1,690,690.25

Equity/Downpayment 10% 330,184.40 325,927.48 476,542.40 240,881.82 156,858.46 169,069.03

SPOT CASH DP - 0% discount - - - - - -
Reservation Fee 25,000.00 50,000.00 25,000.00 25,000.00 25,000.00 25,000.00
Net Downpayment 305,184.40 275,927.48 451,542.40 215,881.82 131,858.46 144,069.03

Deferred Downpayment
Option 1 (with lump sum payment)
2.5% Spot Payment 57,546.10 31,481.87 94,135.60 35,220.46 14,214.61 17,267.26
5% Payable in 16 months 10,318.26 10,185.23 14,891.95 7,527.56 4,901.83 5,283.41
2.5% Payable on the 17th month 82,546.10 81,481.87 119,135.60 60,220.46 39,214.61 42,267.26

Option 2 – Straight Payment

Payable in 15 mos 0% interest 20,345.63 18,395.17 30,102.83 14,392.12 8,790.56 9,604.60

BALANCE 90% 2,971,659.60 2,933,347.32 4,288,881.60 2,167,936.38 1,411,726.10 1,521,621.23

Option 1 - Bank Finance ( Banco de Oro)
Term Factor Rate Amortization Amortization Amortization Amortization Amortization Amortization
5 yrs (11%) 0.0219926100 65,354.55 64,511.96 94,323.70 47,678.58 31,047.54 33,464.42
10 yrs (11.25%) 0.0139168900 41,356.26 40,823.07 59,687.89 30,170.93 19,646.84 21,176.24
15 yrs (11.5%) 0.0116819000 34,714.63 34,267.07 50,102.29 25,325.62 16,491.64 17,775.43

Breakdown of other charges:

Registration Fees Transfer Tax
Annotation Fees Electric & Water connection
Documentary Stamp Legal Fees
Issuance of Title

*Prices may change w/o prior notice

*All checks payable to SM DEVELOPMENT CORPORATION

Page 4