Computation of Installment Payments

This topic has no further subtopics. Explore its practice questions below.

1. Under section 3 of RA 6552, which payments are expressly included in computing the total number of installment payments…
2. For a qualified section 3 buyer, what grace-period rate does RA 6552 prescribe?
3. What is the section 3 cash-surrender-value base percentage before additional increments after five years apply?
4. A covered buyer has paid exactly six qualifying years of installments totaling ₱1,200,000. No independent full-refund g…
5. A buyer has paid exactly four qualifying years of installments and has not used section 3(a)’s grace entitlement within…
6. A covered buyer has paid exactly thirteen qualifying years totaling ₱3,000,000. Cancellation is being processed, and th…
7. A monthly installment buyer makes only occasional token payments over thirty months, far below the scheduled aggregate …
8. Explain why a proper RA 6552 installment computation must account for down payments, deposits, and options while also e…
9. A qualified buyer has paid exactly three years of installments totaling ₱720,000 and has not used the earned-grace righ…
10. A buyer has paid exactly seven qualifying years totaling ₱1,500,000. Explain the cash-surrender computation and the sta…
11. A buyer has paid exactly five qualifying years under Section 3 of RA 6552. What cash surrender value percentage applies…
12. Under Section 3, how frequently may the statutory grace-period right be exercised?