In another thread someone made a passing mention of alternate loan repayment schedules. So I worked out an series alternate of alternate loan repayments based on a similar interest rate, but different time scales.
Make down payment as normal, and then divide total purchase price by the amount shown to figure monthly payment for that loan length.
total/300=100 years
total/295=90years
total/290=80 years
total/285=70 years
total/275=60 years
total/260=50 years
total/240 =40 years
total/210=30 years
total/165=20 years
total/135=15 years
total/100=10 years
For example a free trader costs 37,080,000 Cr
down payment = 7,416,000 CR
payment for 40 years equals 154500 CR
alternately
payment for 20 years equals 224727.27CR
or
payment for 80 years equals 127862.06 CR
Make down payment as normal, and then divide total purchase price by the amount shown to figure monthly payment for that loan length.
total/300=100 years
total/295=90years
total/290=80 years
total/285=70 years
total/275=60 years
total/260=50 years
total/240 =40 years
total/210=30 years
total/165=20 years
total/135=15 years
total/100=10 years
For example a free trader costs 37,080,000 Cr
down payment = 7,416,000 CR
payment for 40 years equals 154500 CR
alternately
payment for 20 years equals 224727.27CR
or
payment for 80 years equals 127862.06 CR