Alaska and Lower 48 Land Sales
Choose the Finance Option that fits YOUR budget.
We offer straight 10 year financing or enjoy reduced payments based on amortization of 15, 20, 25, or 30 years with a balloon payment of remaining principle at the end of 10 years.
We offer owner financing with as little as 10% down with incentives to pay additional down money on or before
settlement to secure a lower interest rate per annum.
With 30% down you will be given a per annum interest rate of only 6%.
With 20 % down you will be given a per annum rate of only 6.5%.
With 10% down you will be given a per annum rate of only 7%.
Example of owner finance for a $50,000 property purchase:
A) $50,000 purchase price, with 30% down ($15,000) and finance of $35,000 at 6% interest would give you monthly payments of:
10 years: 15 years*: 20 years*: 25 years*: 30 years*:
$388.25 $295.35 $250.76 $225.51 $209.85
B) $50,000 purchase price, with 20% down ($10,000) and finance of $40,000 at 6.5% interest would give you monthly payments of:
10 years: 15 years*: 20 years*: 25 years*: 30 years*:
$454.20 $348.45 $298.23 $270.09 $252.83
C) $50,000 purchase price, with 10% down ($5,000) and finance of $45,000 at 7% interest would give you monthly payments of:
10 years: 15 years*: 20 years*: 25 years*: 30 years*:
$522.49 $404.48 $348.99 $318.06 $299.39
* = Balloon payment of remaining principle due 10 years from the date of the settlement.
NOTE: All owner finance is open ended and may be prepaid in part or in full at any time without penalty.