However, your required payment will be higher if that is necessary to repay the loan in 10 years. The maximum period of time to repay the loan is 10 years.
Payments start smaller and gradually increase throughout repayment.
This is a good alternative if you anticipate your income will increase in the future. The maximum period of time to repay the loan is 10 years. The amount of your payment is adjusted annually, based on your expected total monthly gross income. The maximum repayment period is 10 years. End of Exit Interview Documentation.