The Chase 40 Year Jumbo Mortgage Plan:
DECREASE YOUR
MONTHLY PAYMENT.
INCREASE
YOUR TAX
ADVANTAGE.
THE
JEWISH
NEWS
Serving Detroit's Metropolitan
Jewish Community
with distinction
for four decades.
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Whether you're purchasing or refinancing,
the new Chase 40-Year Plan lowers your
monthly payment and increases your tax
advantage. Your tax advisor can give you details.
In addition, the plan offers:
• 15-year term with a choice of 15, 30 or
40-year amortization.
• Loan amounts up to $1 million or more
• Competitive fixed rates and fixed monthly
payments.
• No point programs.
• No application fees and no tax or insurance
escrow.
• 48-72 hour loan decisions.
For more information, call your local Chase
Personal Financial Services office. And discover
how to pay less per month and less on April 15.
CHASE
CONTRIBUTING EDITOR:
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PRODUCTION:
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Cathy Ciccone
Curtis Deloye
Joy Gardin
Ralph Orme
Chase Manhattan of Michigan
Bloomfield Hills: 313-645-6466
For example. On a typical 15-year fully amortized $500,000 loon, the loon would be repaid in 180 equal monthly payments of 55,451.47 if the A.P.R. were fixed at 10.256%. On a typical 15-
year 5500,000 loon with a 30-year amortization, the loan would be repaid in 179 equal monthly payments of 54,529.29 and a final balloon payment of 5417,064.72 if the A.P.R. were fixed at
10 381% On a typical 15-year 5500,000 loan with a 40-year amortization, the loan would be repaid in 179 equal monthly payments of 54,445.30 and a final balloon payment of 5475,081 75 if
the A.P.R. were fined at 10.506%. These rates may or may not be in effect at the time your loan is approved. Down payment requirements apply. C 1989 Chose Manhattan Financial Services Inc
OFFICE STAFF:
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Percy Kaplan
Pauline Max
Marlene Miller
Dharlene Norris
Jeri Poma
Laura Prevost
Ellen Warshaw
Melanie Wilson
ACCOUNT EXECUTIVES:
Cf
Susan Brooks
Kathy Johnson
Randy Marcuson
Cynthia Metz
Rick Nessel
Danny Raskin
Adrian Williams
DESIGNS IN DECORATOR
LAMINATES
For High Quality Formica
Always At A Great Discount
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SPECIALIZING:
SUBSCRIPTIONS: 1 year-$26 — 2
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Foreign-$48 per year.
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IT DOESN'T HAVE TO COST A
FORTUNE . . . ONLY LOOK LIKE IT!
CALL LOIS HARON 851-6982f
8 FRIDAY, J4y 7, 1989
THE FINEST IN HOME SECURITY
20300 CIVIC CENTER DRIVE
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SOUTHFIELD, MI 48076-4138
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1989 by The Detroit Jewish News