Home Basic Facts Information Seminars Financing Schedule Interest Rates Financeable Assets Presentation Testimonials Completed Financings Articles of Interest Apply Online About Us Contact Us Team Login

 

 

Interest Rates

 
Current Rates
Interest rates will vary depending on the length of borrowing, but will be based on the bond yields for highly rated bonds.
 
For Borrowing Amount of $5,000,000
As of     Bond Length
(Years)
Est. Interest Rate1 Est. Payment
Per $100,000

11/17/2008

1 3.86% $103,860
  5 4.15% $22,559
  10 4.44% $12,601
  15 4.94% $9,595
  20 5.24% $8,188
  25 5.44% $7,411

(1) Represents All Inclusive Costs, including cost of issuance.

Recent events in the credit markets have created additional uncertainty resulting in a significant increase in the cost of bond insurance.  The additional costs are reflected in the rates above

Rates include program fees and expenses and are based on the bond market as of November 17, 2008. Rates are subject to change without notice.

Rate Trend

Bond Length (Years)   8/25/2008 9/2/2008 9/8/2008 11/17/2008
1 3.30% 3.32% 3.32% 3.86%
5 3.71% 3.72% 3.65% 4.15%
10 4.06% 4.07% 4.01% 4.44%
15 4.46% 4.48% 4.42% 4.94%
20 4.75% 4.77% 4.70% 5.24%
25 4.95% 4.96% 4.90% 5.44%

If you would like to receive weekly interest rates updates via e-mail, enter your name and address below:

Name:

E-mail:

Privacy Policy
Copyright © 2008 Ohio Capital Asset Financing Program