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| General Details |
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Institution: |
Encompass Credit Union
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Contact Number: |
13 13 61
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Product Name: |
Loan Secured by Fixed Term Deposit
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Apply: |
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| Product Details |
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Loan Type: |
Fully Drawn Advance
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Loan Purpose: |
personal
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Repayment Type: |
Principal and Interest
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Min Loan Amount: |
$1,000.00
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Max Loan Amount: |
$300,000.00
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Min Loan Term: |
1 year/s
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Max Loan Term: |
30 year/s
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Available as Car Loan: |
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Car Type: |
New or Used
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Security Type: |
Other
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Minimum Repayment: |
n/a
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Margin: |
-
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| Interest Rates |
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Variable Rate: |
7.55%
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Default Rate: |
-
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Min Rate: |
7.73%
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Max Rate: |
-
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1 Yr Fixed: |
-
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2 Yr Fixed: |
-
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3 Yr Fixed: |
-
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4 Yr Fixed: |
-
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5 Yr Fixed: |
-
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6 Yr Fixed: |
-
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7 Yr Fixed: |
-
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| Comparison Rates |
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Variable Rate: |
7.73%
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Default Rate: |
-
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Min Rate: |
-
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Max Rate: |
-
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1 Yr Fixed: |
-
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2 Yr Fixed: |
-
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3 Yr Fixed: |
-
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4 Yr Fixed: |
-
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5 Yr Fixed: |
-
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6 Yr Fixed: |
-
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7 Yr Fixed: |
-
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| Fees |
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Application Fee: |
-
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Min Entry Fee: |
-
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Max Entry Fee: |
-
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Other Fee: |
$100.00
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Line Fee: |
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Arrears Fee: |
-
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Arrears Fee Charged: |
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Transaction Fee: |
-
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Monthly Service Fee: |
-
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Exit Fee: |
-
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Early Termination Fee: |
-
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| Comments |
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Comments: |
$125 applies for establishment fee.
Break of term deposit before maturity of term and before full repayment of loan will result in adjustment of interest rates
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