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 %

Calculator Results

Your loan payment will be $539.06.

Calculator tips

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.

Disclaimer 

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.

Tags

debt consolidation
credit card debt
credit report
secured loans
auto loans
credit score
checking accounts
line of credit
loan amount
loan term
annual percentage rate
credit unions
personal loan calculator
origination fee
seeking personal
high interest
credit history
small business
illustrative purposes
monthly payments

Leave a comment

Your email address will not be published. Required fields are marked *