TELESCOOP - PLDT Employees Multi-Purpose Cooperative

Financial Services and Development Loan Sr.

FINANCIAL SERVICES AND DEVELOPMENT LOAN SR (FSDL_SR) (Payable thru issuance of Post Dated Checks)
This product is intended to help the members attain self-resiliency by providing them with financial assistance and means of pursuing and engaging in income generating activities that will augment their monthly income in addition to their income from employment. It also aims to increase their monthly take home pay by combining and offsetting their outstanding obligations into one account which is subject to a much affordable payment/deduction scheme.
PHP 500,000.00
	12 MOS	18 MOS	24 MOS	30 MOS	36 MOS	48 MOS	60 MOS
NET PROCEEDS	500,000.00	500,000.00	500,000.00	500,000.00	500,000.00	500,000.00	500,000.00
GROSS	530,289.96	544,666.86	559,294.08	574,170.90	589,296.96	620,292.48	652,272.60
SERVICE CHARGE	10,000.00	10,000.00	10,000.00	10,000.00	10,000.00	10,000.00	10,000.00
1ST YR MO AMORT	45,024.16	31,092.60	24,137.25	19,972.36	17,202.69	13,756.09	11,704.54
SUCCEDDING YEARS		30,259.27	23,303.92	19,139.03	16,369.36	12,922.76	10,871.21

PHP 400,000.00
	12 MOS	18 MOS	24 MOS	30 MOS	36 MOS	48 MOS	60 MOS
NET PROCEEDS	400,000.00	400,000.00	400,000.00	400,000.00	400,000.00	400,000.00	400,000.00
GROSS	424,231.92	435,733.56	447,435.36	459,336.90	471,437.64	496,234.08	521,818.20
SERVICE CHARGE	8,000.00	8,000.00	8,000.00	8,000.00	8,000.00	8,000.00	8,000.00
1ST YR MO AMORT	36,019.33	24,874.09	19,309.81	15,977.90	13,762.16	11,004.88	9,363.64
SUCCEDDING YEARS		24,207.42	18,643.14	15,311.23	13,095.49	10,338.21	8,696.97

PHP 300,000.00
	12 MOS	18 MOS	24 MOS	30 MOS	36 MOS	48 MOS	60 MOS
NET PROCEEDS	300,000.00	300,000.00	300,000.00	300,000.00	300,000.00	300,000.00	300,000.00
GROSS	318,174.00	326,800.08	335,576.40	344,502.60	353,578.32	372,175.68	391,363.80
SERVICE CHARGE	6,000.00	6,000.00	6,000.00	6,000.00	6,000.00	6,000.00	6,000.00
1ST YR MO AMORT	27,014.50	18,655.56	14,482.35	11,983.42	10,321.62	8,253.66	7,022.73
SUCCEDDING YEARS		18,155.56	13,982.35	11,483.42	9,821.62	7,753.66	6,522.73

Note: Service Charge is payable over a period of 12 months and not included in the gross amount as indicated above.
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Financial Services and Development Loan Sr.

This Loan is a business loan which a qualified Member can avail for business or entrepreneurial purposes. The proceeds of this loan is directly payable to the Member.

FSDL SR.