A “fixed period” adjustable rate loan offers the lowest initial interest rates and minimal monthly payments. It is a great choice if you are planning to sell your aircraft or planning to refinance it in the near term to accommodate an engine overhaul, avionics upgrade, or such. It also gives you increased purchasing power, buying more of what you want.
Our Fixed/Adjustable Rate loan offers a low rate that is fixed for the first loan period (3,5, 7, or 10 years) with loan terms of 15 and 20 (for qualifying applicants)…. or you may select any term short of these you prefer! After the first year, there are no pre-payment penalties.
No aircraft yet?
Start the loan process by filling out a form and either faxing or mailing it to us: