Deferral Period Margin 5.55
Repayment Period Margin 5.55
Loan Originaton Fee 8.55

Can anyone give me a quick rundown of what exactly each one means? How do they compare to most private student loans?
They are TERI loans through Navy Federal.

I can't call them right now, I'm chasing my 17 month old boy!

Thanks a million!
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I'm pretty sure it's LIBOR+5.55... If so, not so hot rates.

They are private undergraduate loans.

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I really can't say, but as I think I've mentioned before, private loans are always way more $$ than federal. I've seen comments about rates being as high as 18% ... Average around here seems to be in the 15% range ...

If I am correct it's LIBOR @ 5.4 % + 5.55% margin. Making it 10.9%
I
'm just not sure if I'm right???

Tools

I think that's correct. Which would actually make it a pretty decent rate for a private SL.

I was hoping you'd say that!

Thanks
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Got the loan today I was right about the rate. It is $12,000 at 10.9% over a repayment period of 20 years with no penalty for early payment. The deferment period is four years + six months.

Thanks for the help!
Tools

What rate does the libor rate change at? monthly, quarterly, bi annual?? And what is the capitalization rate? Every calender quarter?

Libor = quarterly. I'll have to check the other.

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