LIBOR Rate
The LIBOR rate for April 2019 is 2.50%, an increase from March's LIBOR rate of 2.49%. With any change to the LIBOR rate, variable rate loans will re-amortize
and a repayment schedule will be provided that will include your new monthly payment amount, interest rate (margin plus LIBOR), and the effective date
of your new monthly payment amount.
Note: The repayment schedule interest rate does not reflect the Auto Pay discount, if applicable to your loan
program, as payments are not calculated with the discounted interest rate.