Signature Loan and Lines of Credit | Calculator
Signature loans and lines of credit are convenient financing options for members who may not have collateral to secure a loan. These loans are typically used for credit card consolidation, an unexpected major expense, or as overdraft protection for your Share Draft checking account. Please refer to the signature loan calculator rates to see rates and terms.
- $20,000.00 Maximum
- May be used as overdraft protection for Share Draft account
How much will my loan payments be?
Use this calculator to compute the payment amount (principal and interest) for a fixed rate loan.
Purchase amount: $35,000.00
Down payment amount: $5,000.00
Loan term: 5 year/months
Interest rate: 3.000 %
Your loan payment will be $539.06.
Your payments add up to $32,343.67. The total of payments includes interest of $2,343.67 over the life of the loan.
This calculator uses monthly compounding and monthly payment frequency.
The information provided by these signature loan calculator is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results.