MORTGAGE INFORMATION SHEET
Sample Leasing Options (from IBM Canada) Full Payout Lease Fair Market Value Lease Retail Equipment Value $10,000 $10,000 Down payment $0 $0 Payment Term 36 months 36 months Monthly Payment $340.00 $311.50 Cost over 36 months $12,240 $11,214 Final Payment (if purchased) $1 $1,500 (15% of original value) Total Cost $12,241 12,714 Note: Both of these plans are leasing. Most … ................
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