Airplane Loans

New
A new airplane is defined as a current or previous model year only (financed before October 1 of the current year).

Financing is for 100% of selling price, including sales tax and license.

Loan Limit Term Rate
$5,000 - $49,999 84 months 7.50-14.50% APR1
$50,000 - $99,999 180 months 7.25-14.25% APR
$100,000 - $200,000 240 months 7.00-14.00% APR

Effective 4/1/14

 

Used
Financing is for 100% of Wholesale Guide or appraisal, whichever is less.

Loan Limit Term Rate
$5,000 - $49,999 72 months (12 model yr max) 8.50-15.50% APR
$50,000 - $99,999 156 months (9 model yr max) 8.25-15.25% APR
$100,000 - $200,000 180 months (6 model yr max) 8.00-15.00% APR

Effective 4/1/14

Sign in to SchoolsOnline to apply.

1 APR = Annual Percentage Rate. Your interest rate will be determined by the amount financed, loan term, and your credit history. Representative Example: A $35,000, 84 month loan at 7.50% APR would require 83 payments of $559.61 with one final payment of $559.19.