Loan Comparison
Calculator
Use our Loan Comparison
Calculator to help you determine the loan financing amount and payment
options that are best for you. Loan Calculator will display the results
along with an amortization payment schedule if desired.
Term of Loan
Enter the number of months or years to borrow.
Payment Frequency
Enter how frequent you want your payments to be.
Monthly
Semi-monthly
Weekly
Bi-weekly
Interest Rates
Various interest rates will be displayed in the left column.
Select the beginning and ending interest rates for the Loan Comparison
Wizard to use, along with the increments by which the rate will increase
in the table. Enter percentage without percentage sign, e.g. 1.0, 4.0,
.5
You can have
the Loan Wizard calculate the amount to borrow in the various columns.
Select the starting and ending payment amounts that you can afford.
Total Loan Cost
The Loan Comparison Wizard will calculate the total borrowed amount, principle
and interest, using the entered payment information. Enter the lowest
and highest payment amounts that you can afford, then click the Submit
key.
OR...
Payment Amount
If you know how much and at what interest rate you want
to borrow, and would like to know what your payments will be, then use
this utility. Enter what your lowest and highest total amount to borrow
may be, then click the Submit key.
Note: The Loan
Comparison Wizard is intended to provide approximate information about
your loan payments and does not constitute an offer to extend credit.
Your actual payment information may vary. Please contact the Credit Union
for exact payment information.
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4700 Southern Parkway
• Louisville, KY 40214 • (502) 368-5858 •
(800) 292-2905
LOUISVILLE • CORBIN • COVINGTON • FLORENCE • LONDON
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