Payments and cost of borrowing will vary depending on amount borrowed.įor purchases on your Multi-Use Account for Agricultural Use only. Operating Loan interest estimate is based on the stated rate with compounding daily interest. Payment due date assumes a statement cycle day of the 30th of the month, except February (28th day). There is no commitment on the part of John Deere Financial, its dealers or merchants to make any loan to the customer on these or any other terms. The calculator should not be relied upon as specific financial or other advice. ![]() Rates and terms used for calculation purposes only and are not guarantees or offers. ![]() Your actual payment(s), payment schedule, interest costs and net savings, may vary depending on transaction terms, including applicable rates, freight and other charges. † This calculator provides an estimate only based on the information you provide and is intended to be used for illustration and discussion purposes only. In the event you default on this or any Multi-Use Account transaction, interest on all outstanding balances (including all other Special Promotion Transactions) will begin to accrue immediately at 19.75% APR/ACR from the date of default until paid in full, and you will be required to make monthly payments on this transaction equal to the greater of $25 or 10% of the original amounts financed plus interest. Representative amount does not guarantee offer applies. Monthly payments and cost of borrowing will vary depending on the applicable rate and the amount borrowed. Representative Amount Financed (“RAF”): $100,000, at 5% APR/ACR, monthly payment is $0 for 11 months, total obligation on Due in Full Date is $104,562, cost of borrowing based on RAF is $4,562. Example: Purchase date of Januwith a Due in Full Date of November 30, 2020. Taxes, and, if applicable, delivery and freight charges will apply. Minimum purchase and finance amount may be required. ![]() 1 For eligible purchases of goods and services finance charges will begin to accrue immediately on amount financed at the stated rate after which payment in full is required by the Due in Full Date.
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