areainformation

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.

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.