HI Five-Year Period Any Any Contracted Contracted For HAW. REV. STAT. § Consumer Loan For (West 2012) HI Variable Rate, Any Any Any Prohibited HAW. REV. STAT. § or Precomputed (West 2012) Consumer Loan ID Residential Mortgage Any Any Contracted Contracted For IDAHO ADMIN. CODE § Loan For (2012) ID Regulated Consumer Any Any 3 years+ PPP = i6 x <b>6 IDAHO CODE ANN. § Credit Transaction (West 2012) (Closed-End) ID Regulated Consumer Any Any 3 years+ ≤ 6 months finance charge at APR in effect at time of IDAHO CODE ANN. § Credit Transaction prepayment on last 6 billing periods prior to prepayment (West 2012) (Open-End) Prohibited if refinanced or consolidated with same lender IL Installment Purchase or Interest Rate: Any Any Prohibited 815 ILL. COMP. STAT. Mortgaged Loan >8% per annum ANN. § (West 2012) IL Nonexempt, Any Any Earlier of: 1st 12-month period ≤ 3% total loan amount 205 ILL. COMP. STAT. Residential 3 years+ 2nd 12-month period ≤ 2% of total loan amount ANN. § , & 815 ILL. Mortgage Loan First change 3rd 12-month period ≤ 1% of total loan amount COMP. STAT. ANN. § date or rate (West 2012) adjustment IL High Risk Home Loan Any Any Any Prohibited 815 ILL. COMP. STAT. ANN. § (West 2012) IN First Lien Variable-Rate Any Primary Any Prohibited IND. CODE ANN. § Mortgage Transaction (West 2012) IN Consumer Loan Any Secondary 3 years+ ≤ 2% of amount prepaid after deducting all refunds and IND. CODE ANN. § rebates as of date of prepayment (West 2012) (must be charged within 60 days) IN Variable-Rate Home Any Any Any Prohibited IND. CODE ANN. § Loan (West 2012)
HI Five-Year Period Consumer Loan Any Any Contracted For Contracted For HAW. REV. STAT. § (West 2012) HI Variable Rate, or Precomputed Consumer Loan Any Any Any Prohibited HAW. REV. STAT. § (West 2012) ID Residential Mortgage Loan Any Any Contracted For Contracted For IDAHO ADMIN. CODE § (2012) ID Regulated Consumer Credit Transaction (Closed-End) Any Any 3 years+ PPP = i6 x <b>6 IDAHO CODE ANN. § (West 2012) ID Regulated Consumer Credit Transaction (Open-End) Any Any 3 years+ ≤ 6 months finance charge at APR in effect at time of prepayment on last 6 billing periods prior to prepayment Prohibited if refinanced or consolidated with same lender IDAHO CODE ANN. § (West 2012) IL Installment Purchase or Mortgaged Loan Interest Rate: >8% per annum Any Any Prohibited 815 ILL. COMP. STAT. ANN. § (West 2012) IL Nonexempt, Residential Mortgage Loan Any Any Earlier of: 3 years+ First change date or rate adjustment 1st 12-month period ≤ 3% total loan amount 2nd 12-month period ≤ 2% of total loan amount 3rd 12-month period ≤ 1% of total loan amount 205 ILL. COMP. STAT. ANN. § , & 815 ILL. COMP. STAT. ANN. § (West 2012) IL High Risk Home Loan Any Any Any Prohibited 815 ILL. COMP. STAT. ANN. § (West 2012) IN First Lien Variable-Rate Mortgage Transaction Any Primary Any Prohibited IND. CODE ANN. § (West 2012) IN Consumer Loan Any Secondary 3 years+ ≤ 2% of amount prepaid after deducting all refunds and rebates as of date of prepayment (must be charged within 60 days) IND. CODE ANN. § (West 2012) IN Variable-Rate Home Loan Any Any Any Prohibited IND. CODE ANN. § (West 2012)
Prepayment-Penalty-Table-2012.docx