Hartford and Ratliff Co. has certified technicians to take care of your AC installation near Novi MI.
Hartford & Ratliff Co., Inc.
The Original Hot Water Specialists Since 1955

(248) 471-3110
For Parts: (800) 466-3110
Hartford and Ratliff Co. has been a trusted Air Conditioning contractor in Farmington MI since 1955.
Hartford & Ratliff Co., Inc.
For Parts: (800) 466-3110

9.90% Reduced APR

9.90% Reduced APR

Make your first monthly investment (as little as 2% of the outstanding balance) 30 days after your new system is installed.

Billing each month, beginning 30 days from the installation of your new system. Your choices are:

  • Complete your total investment in full at the end of each billing cycle and incur no interest.
  • You can make monthly investments for as much or as little as you want, as long as you meet the minimum 2% of the total outstanding balance. Unpaid balances incur interest at an annual rate of 9.90%.

Example of 9.90% Reduced APR:

Initial investment x Monthly interest = Total outstanding balance x Minimum payment = Min. monthly investment

$6,000.00 x (1.01%) = $6.060.00 x (.02%) = $121.20

NOTE: Examples are for estimation and demonstration only. Terms are subject to change and should be verified when applying for financing.

Bottom-Line Benefits of a Reduced APR

The chart below is based on typical Furnace & Air Conditioning revolving finance plans where the payment is based on 2% of the original balance.

Use this chart for estimating purposes to see how critically the interest rates can affect your actual cost of the job.

APR 10% 12% 14% 16% 18%
Length of loan in months 70-72 72-74 73-72 84-85

86-90

$1,500 $2,000 $2,111 $2,224 $2,502 $2,839
$2,000 $2,667 $2,815 $2,967 $3,336 $3,786
$2,500 $3,334 $3,518 $3,708 $4,170 $4,732
$3,000 $4,001 $4,222 $4,450 $5,004 $5,679
$3,500 $4,668 $4,926 $5,192 $5,838 $6,626
$4,000 $5,335 $5,630 $5,934 $6,672 $7,573
$4,500 $6,001
$5,000 $6,668 $7,038 $7,417 $8,342 $9,466
$5,500 $7,336 $7,741 $8,159 $9,176 $10,413
$6,000 $8,002 $8,445 $8,901 $10,010 $11,359
$6,500 $8,669 $9,149 $9,642 $10,844 $12,307
$7,000 $9,336 $9,853 $10,385 $11,678 $13,253
$7,500 $1,003 $10,556 $11,126 $12,512 $14,200
$8,000  

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24 Hour Emergency Service  •  Call Us Today  •  (248) 471-3110  •  or  •  Schedule Service Online
24 Hour Emergency Service
(248) 471-3110
Schedule Service Online
Call Hartford and Ratliff Co. for reliable AC replacement in Farmington MI.
Hartford & Ratliff Co., Inc.
32708 W. 8 Mile Rd.
Farmington, MI 48336
Phone: (248) 471-3110
Toll Free: (800) 466-3110
We service most AC brands and models near Farmington MI.
Hartford & Ratliff Co., Inc.
Farmington, MI 48336
Phone: (248) 471-3110
Toll Free: (800) 466-3110
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