Lease-like loan
Lease-like loan
A loan which originates from a credit union and will save the borrower as much as 30 percent due to a big balloon payment at the end of the loan period. This loan may combine features of an auto loan and a lease. There is no down payment or security deposit required.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed |
5.03 |
| 15 yr fixed |
4.58 |
| 5/1 ARM | 3.99 |
Rates may contain points
