| Category
No.1
Transit
- Ten
(10) Transit Buses @ $300,000.00 each = $3,000,000.00
- Battery
Switchout Station = $150,000.00
- Thirty
(30) Sets Batteries @ $9,000.00 each = $270,000.00
- Program
Management Plus Training = $50,000.00
| |
Contract
Amount |
Term |
Rate |
Annual
Payment |
Monthly
Payment |
|
| |
$3,470,000.00 |
5
yrs |
4.655% |
$793,854.22 |
$66,205.43 |
|
| |
|
7
yrs |
4.799% |
$595,323.86 |
$49,699.58 |
|
| |
|
10
yrs |
5.275% |
$455,401.85 |
$37,956.70 |
|
Note:
In the above example, both annual and monthly payments are deferred
for a period of six months before payments will begin.
The above example is intended for "budgetary purposes
only" and is subject to audit analysis, bank qualification,
and documentation. For other terms, contract amounts, etc. please
call us at 800-561-0461
|
