TPMG Secured Loan Rates
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Accurate as of July 28, 2010
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Available to Senior Physicians in the Permanente Medical Group
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For more than 55 years Kaiser Federal Bank has been providing products and services designed specifically for the employees and physicians in the Kaiser Permanente Medical care program. Although our primary concentration is in the Southern California Region, we have an office in Santa Clara and offer a TPMG Guaranteed Loan specifically for Physicians in the Permanente Medical Group in the Northern Region.
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The TPMG loan allows you to borrow up to 100% of the current stock value for the puchase of stock in TPMG, Inc at a low fixed rate for the term of the loan. This loan allows you to choose one of three repayment terms with NO prepayment penalties.
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TPMG Loans
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Annual Percentage Rate (APR)
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5-year Interest Only
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Interest only payments due monthly
The option to refinance for an additional five years at the end of the original five year term
A final balloon payment of principal and interest due in full at maturity
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5.00%
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10-year Interest Only
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Interest only payments due monthly
A final balloon payment of principal and interest due in full at maturity
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5.00%
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10-year fully amortized
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Principal and interest due monthly
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5.00%
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For a TPMG 10-year interest only loan amount of $30,000 at 5.0% APR you would make 120 monthly interest only payments of $127.39 with a final balloon payment of principal and interest due in full at maturity.
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For a TPMG 10-year fully amortized loan amount of $30,000 at 5.0% APR you would make 120 monthly payments of principal and interest of $318.21.
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KFED Stock Secured Loan
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This loan allows you to borrow up to 50% of the value* of your KFED stock up to a maximum of $150,000.00, interest only payments for up to 3 years. Principal payments may be made at any time during the loan with NO prepayment penalty.
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KFED Stock Secured Loan
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Annual Percentage Rate (APR)
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3-year Interest Only
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Interest only payments due quarterly on 1/15, 4/15, 7/15, 10/15.
A final balloon payment of principal and interest due in full at maturity.
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4.00%
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For a KFED Stock Secured loan amount of $30,000 at 4% APR, during the three year interest only period you would make 12 quarterly interest only payments of $382.17 with a final balloon payment of principal and interest due in full at maturity.
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To take full advantage of this offer please contact us Monday-Friday, 7:30am to 5pm at 800.524.2276
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Rates and Terms are subject to change without notice.
Call for current rates - 800.524.CASH
*Based on share price at time of loan origination. Physical stock certificates held in borrowers name must be pledged as collateral for the loan.
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