Greyalset
Member
Hi
Is any one going with Macquarie finance ? Just received the loan contract, was locked in for 4.99% interest rate for 5 years loan term. Everything looks fine except the early termination rate is 2.99% per annum.
Is that normal, it looks expensive for me, I thought it's $750 reducing on pro rata basis for each month of the loan term. Anyone with Macquarie, can you please confirm what is early termination rate ?
Is any one going with Macquarie finance ? Just received the loan contract, was locked in for 4.99% interest rate for 5 years loan term. Everything looks fine except the early termination rate is 2.99% per annum.
Is that normal, it looks expensive for me, I thought it's $750 reducing on pro rata basis for each month of the loan term. Anyone with Macquarie, can you please confirm what is early termination rate ?