Loan Calculators

To get an idea of what your monthly payments might be with an Access loan, use the calculator below. Here are some guidelines:

Amount: In addition to the loan amount, there is a 5% admin fee which can be paid at the time of the loan, or added to the loan amount. For example, for a $5000 loan, enter $5250 as the loan amount.

Interest: The interest rate will be bank prime plus 1.25%. If bank prime is 4%, your interest rate will be 5.25%. Click here to see the current bank prime rate for Alterna Savings. Use your browser's BACK button to get back to this page.

Length of Loan: Enter the number of months you wish to use to pay back the loan. An average payment term for a $5000 is 18 months, but this can be adjusted up or down depending on your situation.