Aircraft Loan
Aircraft Loan Disclosure:
APR: Annual Percentage Rate. Rates are subject to change anytime. Rates, terms and loan amounts are based on approved credit and determined by a managed risk program. Advertised rates include a 0.25% Autopay discount and a 0.50% Direct Deposit discount, without rates will be 0.75% higher. The lowest rate offered will not be lower than what is shown above, inclusive of any applicable rate discounts. If the amount financed is $20,000 or less, the maximum term is for 84 months. MAXIMUM RATE PAYMENT EXAMPLE. If you had an outstanding balance of $40,000, the minimum payment at maximum Annual Percentage Rate of 18% with a 180-month term would be $644.17 per month.
Please refer to the Fee Schedule and All in One Disclosure for complete details.
1The following restrictions apply:
- Constructed in 1980 or newer
- Experimental or glider aircraft/planes are not allowed
- Personal use only
- Must have a valid pilot license
- Appraisal or dealer valuation is required