Mortgages Explained: The Treat Based Repayment Plan

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Many of you ask about financing. It is simple. Under a standard Sunbeam Treat Plan, you pay a deposit of 20 treats up front, then 4 treats a week for twenty five years, indexed to the price of salmon. Early repayment is discouraged, because we like seeing your face.

Interest is calculated on a fluctuating scale known as the Purr Rate. When you purr, the rate drops. When you hiss, it climbs. In practice the average Purr Rate across our portfolio is 3.6 percent, though Mr. Pemberton in flat 4 has been hissing since April and is now at 11. Please be nice to your lender. Your lender can smell fear and also fish.

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