Financing available for qualified
buyers for purchases over $1,500.00 including installation of water heaters, sewer and
water service replacements, sewer, gas or water repipes, remodels. 3day waiting period may
apply before work will begin. A processing fee of the greater
of $150.00 or 1.5% of amount financed
Not All Financing Programs Are Available.
6 Months Same As Cash
Make no payments and incur no interest for the next six months. The
perfect choice for people who want to:
Make a single total investment, but not today!
Make six equal investments over the next six months and incur no finance charges.
Need some time to arrange a home equity loan and then switch over their monthly
investments to ensure tax deductible interest.
After the six month time period passes,
the interest rate is 17.9% retroactive to date of installation.
Example of 6 Months Same As Cash @ 17.9% APR :
Months one, two, three, four, five and six -- No payment required
Initial investment x Monthly interest = Total outstanding balance x Minimum payment = Min.
monthly investment
$6,000.00 x (1.09%) = $6.540.00 x (.02%) = $130.80
NOTE: Examples are for estimation and demonstration only. Terms are subject to
change and should be verified when applying for financing.
90 Days Same As Cash
Make no payments and incur no interest for the next 90 days. This is the
perfect choice for people who want to:
Make a single total investment, but not today!
Make three investments equaling the total investment over the next three months and
incur no interest or penalties.
After the three month time period passes, the interest rate is 17.9% retroactive to date
of installation.
Example of 90 Days Same As Cash @ 17.9% APR:
Month one, two and three -- No payment required
Initial investment x Monthly interest =
Total outstanding balance x Minimum payment = Min. monthly investment
$6,000.00 x (1.045%) = $6.270.00 x (.02%) = $125.40
NOTE: Examples are for estimation and demonstration only. Terms are subject to
change and should be verified when applying for financing.
Regular Revolving
Credit
Billing each month, beginning 30 days from the installation of your new
system. Your choices are:
Complete your investment in full at the end of each billing cycle and incur no interest.
Make partial investments over as many months as you wish incurring interest at an annual
rate of 17.9%.
Example of Regular Revolving at 17.9% APR:
Initial investment x Monthly interest =
Total outstanding balance x Minimum payment = Min. monthly investment
$6,000.00 x (1.015%) = $6.090.00 x (.02%) = $121.80
NOTE: Examples are for estimation and demonstration only. Terms are
subject to change and should be verified when applying for financing.
9.90% Reduced APR
Make your first monthly investment (as little as 2% of the outstanding
balance) 30 days after your new system is installed.
Billing each month, beginning 30 days from the installation of your new system. Your
choices are:
Complete your total investment in full at the end of each billing cycle and incur no
interest.
You can make monthly investments for as much or as little as you want, as long as you
meet the minimum 2% of the total outstanding balance. Unpaid balances incur interest at an
annual rate of 9.90%.
Example of 9.90% Reduced APR:
Initial investment x Monthly interest = Total outstanding balance x Minimum payment =
Min. monthly investment
$6,000.00 x (1.01%) =
$6.060.00 x (.02%) = $121.20
NOTE: Examples are for estimation and demonstration only. Terms are
subject to change and should be verified when applying for financing.
Bottom-Line Benefits of a
Reduced APR
The chart below is based on typical revolving finance plans
where the payment is based on 2% of the original balance.
Use this chart for estimating purposes to see how critically the interest rates can affect
your actual cost of the job.
All brand names and product names used on these web pages are trademarks, or
trade names of their respective holder and may or may not be affiliated with Associated
Plumbers.
