As well as cash and conventional financing from area banks, Amber Ranches is offering a “convience package” as well.
Terms are thirty percent of purchase price as down payment, six percent interest , a thirty year amortization schedule with a balloon payment due in three years of the unpaid balance.
Although the balance is due in three years the payments are based on a thirty year schedule. This makes the payments approximately $66.00 per 10,000 of borrowed money, keeping the monthly payment tiny.
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