Financing
Algodon Wine Estates will offer financing for the purchase of individual homesites at Algodon Wine Estates. After a down payment, the balance can be financed over a ten year period (see the chart below). There is no prepayment penalty. There is no financing for the cost of building, only for the land. Current interest rates can be found below:
10 Year Financing Terms / Zero Pre-Payment Penalty*
|
% Down |
1st 5 years |
2nd 5 years |
|
50% |
7.50% |
8.50% |
|
40% |
7.50% |
9.00% |
|
30% |
7.50% |
9.50% |
|
20% |
7.50% |
10.00% |
*These terms are effective until December 31, 2013
Twitter & Facebook