Clients Sample - Chateau Elysee - Cluster 5 2-bedroom

TWO BEDROOM CLUSTER 5 SAMPLE

8-Nov-09

SAMPLE COMPUTATION 2 BDR

UNIT TYPE UNIT NO. Floor Area:

SPOT CASH TOTAL CONTRACT PRICE SPOT CASH 10% discount NET CONTRACT PRICE

DEFERRED DOWN PAYMENT Reservation Fee Down Payment 10% Option 1 2.5% spot payment 5% Payable in 10 mos 0% interest th 2.5% on the 11 month Option 2 Down Payment Payable in 9

10% mos

0% interest

BALANCE 90% Option 1 - Bank Finance ( BANCO DE ORO) Term Factor Rate 5 yrs (11%) 0.0217424200 10 yrs (11.25%) 0.0139168900 15 yrs (11.5%) 0.0116819000 Option 2 - In - house Term Factor Rate 2 yrs( 14% ) 0.0480128800 3 yrs(15% ) 0.0346653300 5 yrs(18% ) 0.0253934274 10 yrs (18%) 0.0180187520

D-112 48

2,915,001.60 291,500.16 2,623,501.44

SUBJECT TO AVAILABILITY OF UNITS sqm

DEFERRED CASH Reservation Fee Option 1 (5% discount) Payable in 12 mos

interest

47,875.04 145,750.08 14,575.01 72,875.04

266,500.16 29,611.13

Option 2 Down Payment 20% Payable in 15 mos

25,000.00 291,500.16

2,623,501.44 Amortization

57,041.27 36,510.98 30,647.48 Amortization

125,961.86 90,944.54 66,619.69 47,272.22

0%

interest

BALANCE 80% Option 1 - Bank Finance ( BANCO DE ORO) Term Factor Rate 5 yrs (11%) 0.0217424200 10 yrs (11.25%) 0.0139168900 15 yrs (11.5%) 0.0116819000 Option 2 – In house financing Term Factor Rate 2 yrs( 14% ) 0.0480128800 3 yrs(15% ) 0.0346653300 5 yrs(18% ) 0.0253934274 10 yrs (18%) 0.0180187520

*Prices are inclusive of 12% vat (if applicable) and other charges

may change w/o prior notice

* If buyers are not qualified for bank financing their account will automatically be shifted to in house financing *All

0%

Option 2 (no discount) Payable in 18 mos 0% interest DEFERRED DOWN PAYMENT Reservation Fee Down Payment 20% Option 1 5% spot payment 10% Payable in 16 mos 0% interest on the 17th month 5%

*10% downpayment is applicable to bank financing thru Banco de Oro *Prices

25,000.00

downpayment checks payable to SM DEVELOPMENT CORPORATION

/aman

Page 1

228,687.63

160,555.64 25,000.00 583,000.32 120,750.08 291,500.16 18,218.76 145,750.08

558,000.32 37,200.02

2,332,001.28 Amortization

50,703.35 32,454.21 27,242.21 Amortization

111,966.10 80,839.59 59,217.51 42,019.75