VARIABLE RATE
Loan Amount: $50,000
Interest Rate: 3.25%
APR: 3.659%
Loan Term: 3 years
Payments: 35 payments of $488.67**
1 payment of $37,154.65
FIXED RATE
Loan Amount: $50,000
Interest Rate: 3.95%
APR: 4.362%
Loan Term: 3 years
Payments: 35 payments of $505.13
1 payment of $37,518.06
VARIABLE RATE – INTEREST ONLY PAYMENTS
Loan Amount: $50,000
Interest Rate: 3.25%
APR: 4.289%
Loan Term: 1 year
Payments: 12 payments of interest only
1 payment of $50,138.01
FIXED RATE – INTEREST ONLY PAYMENTS
Loan Amount: $50,000
Interest Rate: 3.95%
APR: 4.995%
Loan Term: 1 year
Payments: 12 payments of interest only
1 payment of $50,167.74
*Minimum loan amount of $50,000. Initial interest rate of 3.25%, APR of 3.659% is based on Prime Rate + 0% as of 6/30/2011, a 3 year term and is available as avariable rate on the loan. Variable rate can adjust 0.5% quarterly with an annual cap of 2%. Interest rate of 3.95%, APR of 4.362% as of 6/30/2011 is based on a 3year term and is available as a fixed rate loan. Rates are subject to change without notice and subject to credit approval. Borrower can choose a loan term of 1, 2 or3 years with a 10 year amortization. Origination fee of 1% will be assessed. Loan is unsecured. Requires auto payment from a Panhandle State Bank, IntermountainCommunity Bank or Magic Valley Bank checking account.
**Rates are variable and may increase. If the rate increases, the payment will also increase.
***Interest only payments are restricted to a 1 year loan term.