Repayment Plan

LOAN SIMULATION

Down payment $10,000

Purchase price: $175,000

Annual interest: 5.0%

Repayment period: 20 years

Borrowed amount: $165,000

Monthly payment: $1,088

Down payment: $10,000

*** Various expenses will be charged separately. Escrow fees (registration fees, name change fees, title insurance), procedure agency service fees, fire insurance, bank account opening fees, notary fees, etc. are usually incurred.

Why is the down payment low?

Ordinary banks and mortgage brokers have low credit to Japanese foreigners and usually require a down payment of about 50%, but since it is a direct loan from the owner, the down payment is cheap and real estate purchase will be possible.

Purchase with $1,000 down payment between owner and you

You

Owner

NEED EXPENSIVE DOWN PAYMENT

40-50% or more of the purchase price

Purchase price: $ 189,000

Down payment: $ 75,600- $ 94,500

BANK