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Term
of Loan
Enter the number of months or years to borrow.
Term
of Loan:
Months
Years
Payment
Frequency
Enter how frequent you want your payments to be.
Monthly
Semi-monthly
Weekly
Bi-weekly
Interest Rates
Various interest rates will be displayed in the
left column. Select the beginning and ending interest
rates for the Loan Comparison Wizard to use, along
with the increments by which the rate will increase
in the table.
Enter percentage without percentage sign, e.g. 1.0,
4.0, .5
Low
Interest Rate
High Interest Rate
Rate Increments
You can have the Loan Wizard calculate the amount
to borrow in the various columns. Select the starting
and ending payment amounts that you can afford.
Total Loan Cost
The Loan Comparison Wizard will calculate the total
borrowed amount, principle and interest, using the
entered payment information.
Enter the lowest and highest payment amounts that
you can afford, then click the Submit key.
Low
Payment Amount
High Payment Amount
OR
. . .
Payment
Amount
If you know how much and at what interest rate you
want to borrow, and would like to know what your
payments will be, then use this utility.
Enter what your lowest and highest total amount
to borrow may be, then click the Submit key.
Low
Amount to Borrow
High Amount to Borrow
Note:
The Loan Comparison Wizard is intended to provide
approximate information about your loan payments and
does not constitute an offer to extend credit. Your
actual payment information may vary. Please contact
the Credit Union for exact payment information.
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