We are now offering
several options of no-qualifying developer financing at
Playa Blanca. This is one example of several options
that we have available. For further information please
contact us at
Sales Info Request
30% Down Payment
– 15 Year Variable Term
* Down
payment- 30%
* Loan
term - 15 years
*
3 Years Fixed 8.25% / 12
Years Variable (LIBOR +6.0%)
* Unit
type- All 2 and 3 bedroom Units
* Loan
type- NO qualifying *ZERO Points or fees
*
Prepayment Penalty-NONE
*
Monthly LIBOR rate – Wall Street Journal*
*
Effective - June 1, 2011- Dec 31, 2011
2 Bedroom- #703
Price $429,000-Loan Amount $300,300
Payment Years
(1-3)
-$2,913.33 Fixed-8.25%
Examples
Payments Year 4-15
Payment Years(
4-15) -$2,954.57 (LIBOR 10 yr. Average 2.53%
+ 6.0%)
Payment Years(
4-15) -$2,983.58 (LIBOR 6 yr.
Average 2.74% + 6.0%)
Payment Years(
4-15) -$2,777.61 (LIBOR 3 yr. Average
1.10% + 6.0%)
