Rate
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| Rates are Current as of 5/18/2007 |
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PROGRAM 1
Minimum Loan Amount is $5,000 - Requires Full Income Documentation |
| Loan Term |
Interest Rate |
Documentation Fee |
APR |
Monthly Payments* |
| 12 Months |
7.250% |
$50 |
8.214% |
$866.52 |
| 24 Months |
7.250% |
$50 |
7.756% |
$448.90 |
| 36 Months |
7.250% |
$50 |
7.600% |
$309.96 |
| 48 Months |
8.250% |
$50 |
8.523% |
$245.35 |
| 60 Months |
8.500% |
$50 |
8.724% |
$205.21 |
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MAXIMUM LOAN AMOUNT - PROGRAM 1 (NEW AUTO)
Maximum loan amount will be calculated based on 75% of the sum of vehicle's cash price, tax and license as shown on the purchase order or 85% of the suggested retail price listed in the Kelley Blue Book - New Car Price Manual; whichever is lower. |
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PROGRAM 2
Minimum Loan Amount is $5,000 - Requires No Income Documentation |
| Loan Term |
Interest Rate |
Documentation Fee |
APR |
Monthly Payments* |
| 12 Months |
6.750% |
$50 |
7.707% |
$864.18 |
| 24 Months |
6.750% |
$50 |
7.255% |
$446.63 |
| 36 Months |
6.750% |
$50 |
7.098% |
$307.67 |
| 48 Months |
8.000% |
$50 |
8.272% |
$244.18 |
| 60 Months |
8.250% |
$50 |
8.473% |
$204.00 |
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MAXIMUM LOAN AMOUNT - PROGRAM 2 (NEW AUTO)
Maximum loan amount will be calculated based on 65% of the sum of vehicle's cash price, tax and license as shown on the purchase order or 75% of the suggested retail price listed in the Kelley Blue Book - New Car Price Manual; whichever is lower. |
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PROGRAM 3
Minimum Loan Amount is $5,000 - Requires No Credit History and Income Documentation |
| Loan Term |
Interest Rate |
Documentation Fee |
APR |
Monthly Payments* |
| 12 Months |
8.000% |
$50 |
8.963% |
$869.97 |
| 24 Months |
8.000% |
$50 |
8.509% |
$452.32 |
| 36 Months |
8.000% |
$50 |
8.353% |
$313.41 |
| 48 Months |
8.500% |
$50 |
8.774% |
$246.53 |
| 60 Months |
8.750% |
$50 |
8.975% |
$206.42 |
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MAXIMUM LOAN AMOUNT - PROGRAM 3 (NEW AUTO)
Maximum loan amount will be calculated based on 55% of the sum of vehicle's cash price, tax and license as shown on the purchase order or 65% of the suggested retail price listed in the Kelley Blue Book - New Car Price Manual; whichever is lower. |
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AUTOPAY DISCOUNT
Reduce rate by 0.25% for automatic payment from an eligible East West Bank account.
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PROGRAM 1
Minimum Loan Amount is $5,000 - Requires Full Income Documentation |
| Loan Term |
Interest Rate |
Documentation Fee |
APR |
Monthly Payments* |
| 12 Months |
8.250% |
$50 |
9.214% |
$871.12 |
| 24 Months |
8.250% |
$50 |
8.760% |
$453.46 |
| 36 Months |
8.250% |
$50 |
8.604% |
$314.57 |
| 48 Months |
9.250% |
$50 |
9.526% |
$250.09 |
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MAXIMUM LOAN AMOUNT - PROGRAM 1 (USED AUTO)
Maximum loan amount will be calculated based on 70% of the vehicle's cash price or 70% of the wholesale price listed in the Used Car Guide of Kelley Blue Book, adjusted for equipment options and mileage; whichever is lower. |
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PROGRAM 2
Minimum Loan Amount is $5,000 - Requires No Income Documentation |
| Loan Term |
Interest Rate |
Documentation Fee |
APR |
Monthly Payments* |
| 12 Months |
7.750% |
$50 |
8.712% |
$868.81 |
| 24 Months |
7.750% |
$50 |
8.258% |
$451.18 |
| 36 Months |
7.750% |
$50 |
8.102% |
$312.26 |
| 48 Months |
9.000% |
$50 |
9.275% |
$248.90 |
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MAXIMUM LOAN AMOUNT - PROGRAM 2 (USED AUTO)
Maximum loan amount will be calculated based on 65% of the vehicle's cash price or 65% of the wholesale price listed in the Used Car Guide of Kelley Blue Book, adjusted for equipment options and mileage; whichever is lower. |
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PROGRAM 3
Minimum Loan Amount is $5,000 - Requires No Credit History and Income Documentation |
| Loan Term |
Interest Rate |
Documentation Fee |
APR |
Monthly Payments* |
| 12 Months |
9.000% |
$50 |
9.967% |
$874.61 |
| 24 Months |
9.000% |
$50 |
9.512% |
$456.90 |
| 36 Months |
9.000% |
$50 |
9.357% |
$318.06 |
| 48 Months |
9.500% |
$50 |
9.777% |
$251.29 |
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MAXIMUM LOAN AMOUNT - PROGRAM 3 (USED AUTO)
Maximum loan amount will be calculated based on 55% of the vehicle's cash price or 55% of the wholesale price listed in the Used Car Guide of Kelley Blue Book, adjusted for equipment options and mileage; whichever is lower. |
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| USED AUTO MODEL & TERM AVAILABLE |
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2007 to 2009 Models:
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12 - 48 Months |
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2005 to 2006 Models:
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12 - 36 Months |
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AUTOPAY DISCOUNT
Reduce rate by 0.25% for automatic payment from an eligible East West Bank account. |
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| * The above payment examples are based on a loan amount of $10,000 and are subject to the following conditions: |
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All registered owners must grant the Bank a security interest in all vehicles being financed. A State of California Department of Motor Vehicle (DMV) Ownership Certificate must be obtained. |
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Borrowers must have proper proof of insurance. The Bank must be named in the insurance policy as Loss Payee and Additional Insured. Maximum comprehensive and collision deductible is $1,000. |
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All applicant(s) must be a California residents with a current local address (P.O. Box is not acceptable). |
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All loans are subject to program guidelines, credit verification and approval. |
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Rates and terms are subject to change. |
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