IMPORTANT INFORMATION ON USE OF THIS SYSTEM
* These figures are based on a mortgage term of 5 years, a fixed annual interest of 7% with a 25 year amortization wih monthly payments. It assumes that $14,280 as a borrowed sum will result in monthly repayment terms of $100. Extreme caution should be excersised in using these figures as they are supplied as a guideline only and should not be used for any other purpose. GET A PROPER AND DETAILED QUOTE ON REPAYMENT AMOUNTS AND TERMS BEFORE PURCHASING ANY PROPERTY. You should check property or loan value available to you, interest rates, repayment terms and all other detail of any loan before signing for it. Know your credit and your limits.
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