www.FloridaLotsUSA.com REAL ESTATE USA OF SOUTH FLORIDA,INC. LICENSED R.E. BROKER 1-877-983-6600    Main Page       Property List       Foreclosure List       Contact Us       City Information       Financing       Model Homes       NewsLetter

The following chart is to be used for seller financing. Easy financing with NO QUALIFYING needed. All payments are based on interest only with the principal balance due at the end of the loan term. There are No pre-payment penalties. Closing fees are approximately seven hundred dollars. If you would like a five, ten, or fifteen year principal and interest payment, please call the office for a monthly payment quote. Bank financing is also available with full qualifying, ten percent down, and 15-30 year principal and interest payments. Enter your purchase price and press enter. Scroll down to see the whole chart. Click here to open another window and view the "Land Loan" application in "MS Works" format.   Enter Purchase Price. 1,650   Cash payment savings of 5%. 31,350   Cash Price.  ( 33000 - 1650 ) Chart figures for purchase price: [ 33000 ] Percent Down 5 % 10 % 20 % 40 % Down Payment Amount 1,650 3,300 6,600 13,200 Loan Amount 31,350 29,700 26,400 19,800   1 Year Interest Rate 12.5 % 10.5 % 8.5 % 6.5 % Monthly Interest Only Payment 327 260 187 107 Total Interest Per Year 3,919 3,119 2,244 1,287   2 Year Interest Rate 12.75 % 10.75 % 8.75 % 6.75 % Monthly Interest Only Payment 333 266 193 111 Total Interest Per Year 3,997 3,193 2,310 1,337

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