Interest Free Loan Schedules

There are hereby established the following Interest Free Loan Schedules to which this Article applies. The maximum loan amount shall depend in each instance on the Rate Index at the time a loan is made.

(a)Interest Free Loan Schedule I. Index Rate Maximum Interest Free Loan COL9/7/2021 CH. 4 GUAM HOUSING CORPORATION 12.00% or more 10.00% to 11.99% Less than 10.00% 35.00% of Maximum Price Factor 32.00% of Maximum Price Factor 30.00% of Maximum Price Factor

(b)Interest Free Loan Schedule II. Index Rate 12.00% or more 10.00% to 11.99% Less than 10.00% Maximum Interest Free Loan 32.00% of Maximum Price Factor 30.00% of Maximum Price Factor 28.00% of Maximum Price Factor

(c)Interest Free Loan Schedule III. Index Rate 12.00% or more 10.00% to 11.99% Less than 10.00% Maximum Interest Free Loan 30.00% of Maximum Price Factor 28.00% of Maximum Price Factor 25.00% of Maximum Price Factor