Structured Loans vs. One-Time Loan

Suisse Bancorp allows clients to structure larger loan requests in order to help save money on interest. Below is a chart illustrating how structured loan options are more cost effective than a one time larger loan.

Structured Loans

Month	Number of Days	Interest Rate	Monthly Interest	Principal Amount	Interest Through December 31st
January	31	45%	$39.17	$1,025.00	$461.25
February	28	45%	$35.38	$1,025.00	$422.08
March	31	45%	$39.17	$1,025.00	$386.69
April	30	45%	$37.91	$1,025.00	$347.52
May	31	45%	$39.17	$1,025.00	$309.61
June	30	45%	$37.91	$1,025.00	$270.43
July	31	45%	$39.17	$1,025.00	$232.52
August	31	45%	$39.71	$1,025.00	$193.35
September	30	45%	$37.91	$1,025.00	$154.17
October	31	45%	$39.71	$1,025.00	$116.26
November	30	45%	$37.91	$1,025.00	$77.09
December	31	45%	$39.71	$1,025.00	$39.17
			Totals as of December 31st	$12,300 +	$3,010.13 =
					$15,310.13

One-Time Loan

Months	Number of Days	Interest Rate	Monthly Interest	Principal Amount	Interest Through December 31st
12	365	45%	$450.94	$12,025.00	$5,411.25
			Totals as of December 31st	$12,025 +	$5,411.25 =
					$17,436.25

Total Savings

Totals Savings by Structuring Loans	$17,436.25 -	$15,310.13 =
		$2,126.12