2 -- PORT PERRY STAR REAL ESTATE -- Tuesday, November 6, 1990 Dreams of making your final mort From Page 1 payments, another popular method of paying off your frequent payment system, of course, is that you have to know precisely what your are another option, allowing homeowners to make an ad- ditional monthly payment Weekly - $127.20. Accelerated - $137.80. Payment Calculation Weekly - $6,943.00. Accelerated - $45,851.00. (Calculation and example gage payment tgage to be retired in just 17 years, instead of 25. Annual Payments mortgage involves weekly, income is going to be for a each year to the overall Weekly - $551.20 x 12 provided by the Bank of Some people prefer to biweekly or semi-monthly set period of time, to ensure payment schedule. divided by 52. Montreal for OREA). make a lump sum payment payments. This type of pay- that you are able to meet The following chart shows Accelerated $551.20 As shown, the weekly towards principal on the an- ment schedule will reduce the payments. how much can be saved by divided 4. payment plan provides con- niversary date of their mor- the amount of principal you owe more quickly, because you pay on a much more frequent basis and less in- terest is accrued. The drawback to a more / > 8 3 { Some people commit themselves to a payment schedule that is too high and end up with cash flow problems. Accelerated payments REMIX An mternational network making weekly and ac- celerated payments, using a $50,000 mortgage amortized over 25 years at 13 percent. Payment Monthly - $551.20. of independent member brokers. VALERIE EDEN .... Res. 985.2122 large Perry. COUNTRY BUNGALOW ON 1 ACRE LOT - $219,900.00! 3 bedrooms, country kitchen w/walkout, mainfloor fami- ly room w/fireplace, ensuite bath, spacious open con- cept, minutes from Port ly $379,00.00. LAKEFRONT HOME! SAND BEACH! PRESTIGE AREA! 3 plus 1 br's, 3 baths, open concept with spectacular westerly view, excellent swimming, nicely landscaped lot with mature trees, and pav- ed drive. 2 fireplaces, sauna, finished basement, lots of decking and patio area and 3 walkouts. On- NEAT AS A PIN! BLO SSOM CT. SEMI skylights. and lots $197,500.00 more. SPACIOUS WATERFRONT BEAUTY on Scugog Island - 3 huge bedrooms, walkout to balcony overlooking lake. diningroom. 2 bathrooms. 3 car garage at Mortgage Repaid In Monthly - 300 mos. Weekly - 288 mos. Accelerated - 201 mos. Interest Savings Monthly ROBIN TIMMINS ... Res. 985-0690 $0.00 Chances are we're going to sell your house .._. Why not call us first! today! 985-4427. today! MARK PUCKRIN PLEASANT POINT ESTATES 3 bedrooms, fireplace, eat-in kitchen, separate diningroom. Mortgagee is offering to a qualified buyer a 6% mortgage open for 2 yrs. To enquire please call FOR RENT 3 bedroom, livingroom w/ fireplace, eat-in kitchen. diningroom. Right in town, $900.00 plus utilities. Call Don or Robin EA $139,900.00 6% mortgage available to qualified buyer. A one time deal you should enquire about siderable savings, because payments are made more often and earlier than a con- ventional monthly mor- tgage. The accelerated weekly plan allows the mor- 184 OFFICES THROUGHOUT ONTARIO LYNDA KENDRY Bus.: 985-7361 Res.: 985-9268 SEAGRAVE - custom built bungalow $224,900.00. RE/MAX scugog realty iimited 144 QUEEN STREET, PORT PERRY independent member broker 985-4927 (gage, as is permitted on many mortgages (similar in principle to the ac- celerated payment plan above). This again reduces Turn to Page 6 frre park & lake. BRENDA CASTEELS Res.: 986-5763 LOOKING TO BLACKSTOCK on central lot. PRINCE ALBERT - 1 acre lot, pool, 2nd kitchen & 2 bedrooms downstairs $209,900.00. CAESAREA - 2 bedroom home close to private $114,900.00 - 2 br. aluminum sided bungalow $179,900.00 - 3 br. brick & alum. bungalow, rec Ross 705.337.3374 $148,900.00 3 bedrooms, large kitchen, nicely decorated, finished basement, fenced yard & huge deck in back yard. room, pool, double garage. $194,900.00 - 5 levei sidesplit, brick & aluminum, double garage, mainfloor family room. SMACK IN TOWN & REDUCED! $159,900.00 - Aluminum sided, immaculate bungalow with large yard, farm size kitchen. REDUCED $10,000.00 5 badroom waterfront home, goud location. $165,900.00 - Built in "39 with all the charm, main floor family room, country kitchen, 7 ap- pliances, large yard, 11.25% financing. COUPLE OF LOTS $59,900.00 - EAST - Trade or vendor will assist with financing, stones throw to the lake. LOTS OF CHARACTER INSIDE & OUT Excep- tional 4 br. home close to downtown, mainfloor family room, oak kitchen, ceramic floors, built-in appliances, central air, central vac, intercom and many other great features. Professionally land- scaped yard has heated pool and heated garage! Immaculate and beautifully decorated at only $318,500.00. EXCELLENT RURAL PROPERTY Brick home, large garage /workshop exceptionally well kept $149,900.00 $78,900.00 - NORTH - Municipal water, good area for children, all building permits available.