NH Ross 120 Middle Country Rd. Middle Island, NY 11953 - Phone: (866) 980-2566

11.90% 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 11.90%.

    Example of 11.90% 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 Furnace & Air Conditioning revolving finance plans where the payment is based on 2% of the original balance.

    Use this chart for estimating purposes to see how critical the interest rates can affect your actual cost of the job.

    APR 12% 14% 16% 18%
    Length of loan in months 72-74 73-72 84-85 86-90
    $1,500 $2,111 $2,224 $2,502 $2,839
    $2,000 $2,815 $2,967 $3,336 $3,786
    $2,500 $3,518 $3,708 $4,170 $4,732
    $3,000 $4,222 $4,450 $5,004 $5,679
    $3,500 $4,926 $5,192 $5,838 $6,626
    $4,000 $5,630 $5,934 $6,672 $7,573
    $4,500 $6,333 $6,675 $7,507
     
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