Financing

I’m pulling together the numbers to finance a cirrus and made a simple calculator in Excel. Maybe somebody else may want to use it as well.

Harald (hopefully owner of a Cirrus soon)
1-76394-SR20financing.xls (134 KB)

harald
Just curious but, who is doing 2.9% for 2 years with 10% down?
Richard

Richard
try it with 2.9% for the first 2 years and 5.6% for the following years with 20% down. I think that’s what Cirrus offers right know.

If only I was in America!

Here in Australia, I can only get finance (secured by aircraft only) for no more than an 8 year term at an interest rate of approx 8.5%.