GHANA HOME LOANS LTD vs. ANTHONY BOATENG SEKYERE, HILDA SEKYERE

JUDGMENT By a writ of summons the plaintiff claims from the defendants jointly and severally: A] An amount of $135,261.24, being the outstanding balance on a facility granted the defendants. b] Interest on the said amount from 12/12/13 to the date of final payment at a rate of 22.5% per annum. c] Costs After the service of the writ with accompanying statement of claim, the defendants entered appearance but filed no defense compelling the plaintiff to file a motion for default judgment. Before that could be moved the defendants filed their defense. After an unsuccessful pretrial settlement the matter was set down for trial. The plaintiff called one witness. From the pleadings and record of evidence it is clear that the parties agreed on a facility of $124,800.00 [per exhibit CD3], a mortgage facility it is, in respect of a 4 bedroom property. Repayment was to be within 15 years at an interest rate of 13.05% [subject to changes described in the mortgage program. According to the...