Church Loans |
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Whether you are a small congregation looking to purchase your first block of land, a large church looking to fund a building expansion program or even if you are somewhere in between and are considering refinancing, Baptist Financial Services may be able to provide you with some of the capital you need. Our staff have extensive experience assessing and approving loans and would appreciate the opportunity to help you in any way we can. Also, our current variable loan interest rates start from just 8.65% pa!!! - and, apart from the costs of the mortgage security where required, no application or other fees or charges apply. You can use our loan calculator to calculate the loan repayments (monthly, fortnightly or weekly) for a range of scenarios and identify the potential savings your ministry could make. Our Loan Calculator can produce a full amortisation schedule for download showing the principal and interest component of each repayment. Loan repayments are also shown in graphical format. This is a useful tool to forecast the effect that changes in repayment frequency, repayment variations and interest rate changes will have on the remaining term required to repay your loan. The calculator can also has advise you how much you can borrow - just insert the interest rate pa, repayment term, frequency of payment, amount of payment you can afford and then `calculate' the borrowing level. Applying for a loan:If you are interested in applying for a loan or even if you would just like to find out more about how BFS can help support your church then please download a Church Loan Application Form or contact us now. Our staff are always willing to discuss your unique situation and work out a solution that works for you! |
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