SPECIAL FINANCING PROVIDED BY ISABELLA BANK
• Isabella Bank will Finance 90% of the Condominium and Dock Purchase Price
• Only 10% of the Purchase Price will be Required as Down Payment
• Private Mortgage Insurance (PMI) will NOT be Required
• Interest Rate will be 6.125% for 5 Years
• Loan Payment Amortized for 30 Years
Financing Example:
$ 700,000 Condo Purchase Price
$ 45,000 Dock Purchase Price__
$ 745,000 Total Purchase Price
$ (74,500) 10% Down Payment_
$ 670,500 Amount Financed
6.125% Fixed Rate – 5 Years
360 Month Amortization______
$ 4,074 Monthly Payment (Principal & Interest)*
