Golf Estates Computation Cluster 3 Fairway as of December 28, 2009

Cluster = 3
Block , Lot
Fairway = Lot Area 300 sq.m
Price per sq.m = 6,730 = $143.19

Total Selling Price = 2,019,000 = $42,957.45
Plus Miscellaneous Fee = 100,950 =$2,147.87
Total Contract Price = 2,119,950 = $45,105.32

Cash (Includes Misc. Fees )
Reservation Fee = 50,000.00 = $ 1,063.83
15% Discount within 30 days = 1,751,958 = $37,275.69

DEFERRED CASH (Includes Misc. Fees)
Reservation Fee = 50,000 = $ 1,063.83
36 Equal Monthly Payment = 57,499 = 1,223.37

DOWN PAYMENT (DP) INCLUSIVE OF MISC. FEES BALANCE DUE:

30% = 706,650 = $ 15,035.11
70% = 1,413,300 = $30,070.21

OUTRIGHT DOWN PAYMENT
(MINIMUM OF 30% DP to avail of the Discount)

RESERVATION FEE = 50,000 = $1,063.83
30% DP (inclusive of Misc. Fees) 15% Discount within 30 days = 561,252 = $11,941.54
70% Balance Due:
a) 36 months zero interest = 39,258 = $ 835.28
b)In-house 5 yrs. @ 16% = Day 60 = 34,369 = $ 731.25

IN - HOUSE FINANCING

RESERVATION FEE = DAY 1 = 50,000 =$1,063.83
30% DP OVER 18MOS. 0% interest = Day 30 = 36,481 = $776.18
Sales redemption insurance = 825 =$ 17.55
Total Monthly Amortization = 37,306 = $ 793.74

70% Balance Due:
a) In-house 5 yrs @ 16 % = 34,369 = $ 731.25
Sales redemption insurance = 825 = $17.55
Total Monthly Amortization = 35,194 = $748.80

BANK FINANCING
(maximum of 30% TCP)
Reservation fee = Day 1 = 50,000 = 1,063.83
30% DP over 18mos. 0% interest = Day 30 = 39,285 = $835.85
70% Balance Due:
Bank finance 10years @ 16% = 23,675 =$ 503.72

Prices shall be in effect on the date of this proposal and subject to change without prior notice.