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April 30, 1982 - Image 61

Resource type:
Text
Publication:
The Detroit Jewish News, 1982-04-30

Disclaimer: Computer generated plain text may have errors. Read more about this.

THE DETROIT JEWISH NEWS

Friday, April 30, 1982 61

44P"V

Iliuess haw much
interest you have to
pay to buy a condo at
Balmoral Club:'

(Zero Interest Payment)

Own your Southfield condo free and clear in
5 years and save over $125,000 in interest.

Here's how it works:

"0" % INTEREST
Sales Price
Down Payment
Balance Due
Monthly Payment
'0' '
Interest
5 Years of Payments

1 Bedroom - $43,990

$43,990.00
-13,290.00
$30,700.00

$ 511.67*
$30,700.00

17% - 30 YEAR CONVENTIONAL MORTGAGE
Sales Price
$ 43,990.00
Down Payment
- 13,290.00
Balance Due
$ 30,700.00
Monthly Payment
Principal and Interest
$
437.68*
30 Years of Payments
$157,564.00

TOTAL PAID FOR ONE BEDROOM CONDO
Down Payment
$13,290.00
Down Payment
Total Monthly Payments
30,700.00
Total Monthly Payments
Total Paid
$43,990.00
Total Paid

$ 13,290.00
157,564.00
$170,854.00

CONVENTIONAL MORTGAGE - $170,854.00
"0" % INTEREST
- 43,990.00
YOUR TOTAL SAVINGS $126,864.00

Luxury features included in price.
• Brand new GE appliances: range with
self-cleaning oven, frost-free
Refrigerator and Dishwasher.
• Newly decorated.
• New Carpet - (Choice of colors).
• Carport.
• Club house.
• Swimming pool.

1
BEDROOM
2
BEDROOM
3
BEDROOM

$43,990
$51,990
$59,990

BALMORAL CLUB

DALMORAL CLUD

z

w

w

CC

CC

w

CONDOMINIUMS

*In addition to the above, purchaser. under either of the
above type of programs, will pay $48.49 per month as a
condominium maintenance fee and $65.50 as a monthly
tax escrow.

Visit our beautifully furnished models
Daily 12 noon to 7 PM. (Closed Thursdays)
Model Phone: 644-8224

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