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BASIC FEATURES
Fixed annual percentage rate
Variable annual percentage rate
Index used and current value
Amount of margin
Current rate
Frequency of rate adjustments
Amount/length of discount (if any)
Interest rate caps
Length of plan
Draw period
Repayment period
Initial fees
Appraisal fee
Closing costs.
Application fee
REPAYMENT TERMS
During the draw period
Interest and principal payments
Interest only payments
Fully amortizing payments
When the draw period ends
Balloon payment
Renewal available
Refinancing of balance by lender

Stanford Federal Credit Union