For the duration of Republic Bank’s 2021 Loan Campaign, the minimum period of repayment for loans is 7 years and the maximum period of repayment is 30 years. The periodic interest rate ranges from 4.5% to 5.75%, with a maximum APR offered of 5.75%. For reference, a $250k loan with 100% financing repayable over a 7-year period, the monthly installment could range from $3,475.04 to $3,622.25.
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