JDFCU LOANS CALCULATOR

Loan Details

Limit of $3,000,000.00

Interest Rate of 15% p.a.

Maximum Repayment of 72 months

Requirements Checklist

3 Months deductions
Compulsory Savings as per band
Debt Service Ratio 70% or less
Last two pay slips
Picture Identification
Proof of Loan Purpose

Loan Details

Vehicle Age Deposit Required Repayment Period Interest Rate
13 Yrs 20% 2.5 Yrs 12%
12 Yrs 20% 3 Yrs 12%
10-11 Yrs 10% 5 Yrs 12%
8-9 Yrs 10% 6 Yrs 10%
6-7 Yrs 10% 6.5 Yrs 10%
4-5 Yrs 5% 8 Yrs 8.50%
2-3 Yrs 5% 8 Yrs 8.50%
New -1 Yr 0% 10 Yrs 6.59%

Requirements Checklist

3 Months Deduction
Pro-forma Invoice/ Sales Agreement
Valuation Report (Not needed for new and 1 year old vehicles)
Certificate of Fitness
Copy of Certificate of Title
Last two pay slips
Debt Service Ratio 70% or below
Driver’s License

Easi Loan

Loan Details

Limit of $1,000,000.00

Interest Rate of 15% p.a.

Maximum Repayment of 60 months

Revolving and Automated Top Ups! (no need to come in branch)

Requirements Checklist

Must have 6 months deductions
Share Equity of 15%
Compulsory Savings as per band
Debt Service Ratio of 70% or lower
ID
Last two pay slips
Job Letter (where necessary)

Debt Consolidator Plus (Home Equity)

Loan Details

Maximum of $17,000,000.00

Interest Rate of 11.50% p.a.

Maximum Repayment of 15 Years

Revolving and Automated Top Ups! (no need to come in branch)

Requirements Checklist

Proof of Loan Purpose
Compulsory Savings as per Band
Share Equity of 10%
Last two Pay Slips
ID
Job Letter (only necessary if not military personnel)
Character Reference Letter from OC/Supervisor (for membership under three (3) years
Debt Service Ratio 70% or lower
Accompanying documents for Security