Our Interest-Only Loan grows with your career by allowing you to pay lower, interest-only payments for up to 10 years of the 15-year loan term, and then larger principal and interest payments. After the initial interest-only payment period has ended, you will begin making fixed principal and interest payments for the remainder of the 15-year term. This allows you to start your career off with more manageable payments and pay more when you have had time to settle into your career.
- Repayment schedule that grows with your success
- Pay down any amount of the principal at any time
- No application or origination fees