As part of my reading of CAV (Consumer Affairs Victoria), it seems any contracts we issue must include comparative rates, the structure of which is a bit of a mystery to me.
Does anybody have a how-to on creating such a table, a. as it applies to Wraps, and b. as it applies to Lease Options?
Thanks,
AndrewJust copy the formate of a table from one of the banks. If you email me I can send you an excel calculator which will work out the comparison rate for you.
Terryw
Discover Home Loans
Mortgage Broker
North Sydney
Click below to email meTerryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
This might help…
http://www.mortgagepackaging.com.au/comparison_rates.pdfRobert Bou-Hamdan
Mortgage Adviser
http://www.mortgagepackaging.com.auFREE Finance-Related Newsletter – Click Here
Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty LtdThanks guys,
Much appreciated.
Terry, email sent.
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