Land for Sale all over America.
http://land.netonecom.net
gale@sojourn.2y.net
Price List: Lake James, Roscommon county, Michigan
Current prices, effective until Sundown,
July 10, A.D. 2005
| Parcel |
Approx. acres |
Price |
| 83 |
n/a |
$14,900
|
Land Contract terms are available, with a minimum of fifteen percent down, and an interest rate of eleven percent. Payout is usually figured at ten years. There is no penalty for early payoff. Based on these figures, the monthly payment amount can easily be calculated by using the following formula:
Price - DownPayment = FinanceAmount * 0.013775 = MonthlyPayment
For example, $14,900 - $2235 = $12,665 * 0.013775 = $174.46 per month.