asked the Minister for Local Government if he will state the amount of annuity which would be paid by a borrower under the Small Dwellings Acts for £100 loan at interest rates of 4¼ per cent., 4½ per cent., 4¾ per cent., 5¼ per cent. and 5¾ per cent., respectively, when the period of repayment is 20 years, 25years, 30 years, 35 years, 40 years, 45 years, 50 years and 60 years.
Ceisteanna — Questions. Oral Answers. - Small Dwellings Acts Loans.
As the reply is in the form ofa tabular statement I propose to have it circulated in the Official Report.
Following is the statement: —
|
Repayment Period |
Amount of annuity (calculated half-yearly) payable by a borrower under the Small Dwellings Acquisition Acts per £100 |
||||||||||||||
|
At 4¼% |
At 4½% |
At 4¾% |
At 5¼% |
At 5¾% |
|||||||||||
|
£ |
s. |
d. |
£ |
s. |
d. |
£ |
s. |
d. |
£ |
s. |
d. |
£ |
s. |
d. |
|
|
20 years |
7 |
9 |
5 ½ |
7 |
12 |
8 ½ |
7 |
16 |
0 |
8 |
2 |
8 ½ |
8 |
9 |
7 |
|
25 ,, |
6 |
10 |
8 |
6 |
14 |
1 |
6 |
17 |
6 ½ |
7 |
4 |
7 |
7 |
11 |
9 ½ |
|
30 ,, |
5 |
18 |
7 |
6 |
2 |
1 ½ |
6 |
5 |
9 |
6 |
13 |
1 ½ |
7 |
0 |
8 |
|
35 ,, |
5 |
10 |
4 |
5 |
14 |
0 |
5 |
17 |
9 ½ |
6 |
5 |
5 ½ |
6 |
13 |
4 |
|
40 ,, |
5 |
4 |
5 |
5 |
8 |
3 |
5 |
12 |
2 |
6 |
0 |
1 ½ |
6 |
8 |
3 ½ |
|
45 ,, |
5 |
0 |
1 |
5 |
4 |
0 ½ |
5 |
8 |
1 |
5 |
16 |
3 ½ |
6 |
4 |
9 |
|
50 ,, |
4 |
16 |
10 |
5 |
0 |
11 |
5 |
5 |
0 ½ |
5 |
13 |
6 |
6 |
2 |
2 |
|
60 ,, |
4 |
12 |
5 |
4 |
16 |
8 ½ |
5 |
1 |
0 ½ |
5 |
9 |
11 |
5 |
18 |
11½ |