Page 6 Advertisements Column 4

Bay of Plenty Beacon, Volume 13, Issue 85, 11 May 1949, Page 6

m swots y A.M.P SOCIEIYS TABLE MORTGAGE SYSTEM HOW DOES IT OPERATE? A fixed half-yearly payment is made which includes both * principal repayment and interest. The loan thus gradually reduces and is repaid entirely at the end of 25 years. WHAT DOES IT COST? An annual payment of £65-6-8 will completely, repay a loan of £IOOO in 25 years. The total commitment for both principal and interest, is thus approximately 6£% of the amount borrowed. HOW DOES A LOAN OF £IOOO REDUCE? Amount owing after 5 years have elapsed £875 » o » „ 10 „ „ „ 719 i* » ii 15 „ „ „ 528 »» »» >» 20 „ „ „ 292 »» »» »» 25 „ „ „ Repaid in full CAR! INTEREST RATE BE INCREASED? No —interest remains at 4|% throughout the whole term of 25 years. CAN ADDITIONAL AMOUNTS BE REPAID? Yes. Up to a maximum of £2OO per £ 1000 of the original loan may be repaid each year. The borrower would then have the option of paying a reduced instalment or the original instalment for a shorter period. A.M.P. SOCIETY (Incorporated in Australia) FOR FARM FINANCE GENEROUS ADVANCES - EASY PAYMENTS YOUR NEAREST OFFICE - VICTORIA STREET, HAMILTON A. E. Carrington—District Manager. N. C. Crazier—Manager for New Zealand. ' THE BIG 6 VALVE RADIO VALUE OF THE YEAR! The newest, smartest 6 valve mantel ever. The set for your home, your purse, your listening variety. mFPyrn i yll I wf HfeW ( ... Full size 8" Celestion Permanent Magnetic Speaker. Novel, 2 speed tuning mechanism. Large chassis. Highly attractive cabinet. Roller type dial, and many other exclusive advantages. 6 VALVE DUAL WAVE MANTEL £34-5-0 3.lie S/dem, 3hme ' WHAKATANE RADIO & ELECTRICAL'CO. The Strand, Whakatane. N.Z. Distributors: Hf. W. CLARKE LTD., V^ellington.