CANCER LINE 6 pm-11 pm 7 days Phone 795-835 A service of the Cancer Society
THE THREE OLDEST QUESTIONS ABOUT HOME FINANCE HOW MUCH HOW MUCH HOW MUCH CAN I AFFORD? CAN I BORROW? WILL IT COST? (interest cost per week calculated at 15.75% pa.) Amount $lO,OOO $15,000 $25,000 $40,000 borrowed Cost per $30.59 $45.89 $76.48 $122.36 week I I ■ . (The finance rate will vary depending on whether the loan principal is progressively repaid and over what period. This will be advised at the time of arranging a loan.) The minimum weekly cost is for an interest only loan. Most people prefer to make regular payments to progressively reduce the amount borrowed and the weekly interest cost. How much should your loan repayments be? This depends on how quickly you wish to repay the loan and how much you can afford to pay. If your circumstances change during the term of the loan just talk to us to arrange for the repayments to be adjusted to suit. If you’re house hunting ask about our Mortgage Guarantee Certificate. That way you will know exactly how much we will lend and it will also put vou in the strong position of being a cash buyer and able to negotiate a fair and reasonable price. Talk to us today about home finance. We’re Canterbury’s leading lender of home loans, and at a most competitive interest rate. TRUST BANK CANTERBURY 605 691 A : TRUST BANK CANTERBURY LTD
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Press, 27 September 1988, Page 1
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243Page 1 Advertisements Column 2 Press, 27 September 1988, Page 1
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