$162K BEFORE interest rebate, since I don't plan to take more than 50% loan and definitely for not more than 7 years tenure.
Yes, it is inclusive of the 3-yr service package (that was exactly what I had secured first and foremost, when they opened their asking price at $167K). Thus, as we negotiated down to $162K, there was no way that the SE can back out from what he had already committed to earlier. In any case, I had ensured that it was stipulated in writing on the contract signed.
All was done above board.