On 2/23/20 9:53 AM, Dennis Burgess via AF wrote:
Our county opening bid is 44k, so assuming you need two clean 20 MHz channels
it would be $176k for that, assuming no one else bids it. You would have to put
down 88k to start to bid on it. Assuming we get small business and rural
credits that would be lowered by at least 25% ,so we will lower it 25%.. Now
we are at $132k and 66k to start.
Assuming they provide a no interest payment plan it would be $550 a month over
the next 10 years. So one way to look is it would be 66k plus 550 a month,
but you had to have the 66k so just assume you could get a loan for it all over
10 years. With a 8% interest it would be around $1,600 a month for the next
10 years. Then after that, I would have to pay again, as I would have to renew
my lease.
Who's providing the payment plan? A bank?
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