Mini split financing in Austin: $2,000 down, 10% APR

Mini Split Reef finances two-unit and larger installs directly, on approved credit: $2,000 down, a fixed 10.00% APR, and 40 to 50 equal monthly payments. Every number is below.

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Monthly payment
Amount financed
Finance charge
Total of payments

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Mini Split Reef

SystemPriceFinancedPaymentsMonthlyFinance chargeTotal of payments
Two unit$4,000$2,00040$59.00$360.00$2,360.00
Two unit$4,000$2,00048$50.73$435.04$2,435.04
Two unit$4,000$2,00050$49.07$453.50$2,453.50
Three unit$6,000$4,00040$118.00$720.00$4,720.00
Three unit$6,000$4,00048$101.45$869.60$4,869.60
Three unit$6,000$4,00050$98.15$907.50$4,907.50
Start with Mini Split Reef

Exemple de financement : $4,000 pour un système à deux unités chez Mini Split Reef. Mise de fonds $2,000 montant financé $2,000. 48 mensualités de $50 à 10,00 % TAEG, fixes pour la vie du plan. Frais financiers $435 ; total des paiements $2,435 ; coût total y compris la mise de fonds $4,435. Sous réserve de crédit approuvé. Conditions offertes directement par Mini Split Reef ; d'autres prix et conditions changent le paiement.

Tous les chiffres de paiement assume the full $2,000 down payment, a fixed 10.00% annual percentage rate, equal monthly payments, and the posted flat price with no add-ons. Add-ons such as a long line-set run or panel upgrade raise the amount financed and the payment. Financing is subject to credit approval. Rounded to the cent.

Comparing financing between contractors

When any contractor offers monthly payments, ask for four numbers in writing: the APR, the number of payments, the payment amount, and the total of payments. Federal Truth in Lending rules require those whenever a payment is advertised. "0% for 12 months" offers are often deferred-interest promotions: if the balance is not paid in full by the end, interest is charged back to day one.

84 of the 183 licensed Austin-area contractors we verified mention financing on their site. Compare them.

Questions

How much down do I need?

Mise de fonds de $2,000 sous réserve de crédit approuvé. Le reste est réparti sur 40 à 50 mensualités.

What is the interest rate?

Taux annuel de 10.00%, fixe. Il ne change pas pendant toute la durée du plan.

What can I finance?

Mini split installs of two or more zones from Mini Split Reef.

Is there a penalty for paying early?

No. Pay the balance off any time; interest stops when the balance is paid.

Do other Austin contractors offer financing?

84 sur les 183 entrepreneurs agréés que nous avons vérifiés mentionnent le financement sur leur site, généralement par un tiers prêteur. Demandez à chacun son TAEG, sa durée et son total de paiements.

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