| Table 13. Interest Rates by Type of Loan | ||||||||||||||
| Fiscal Year 2005 | ||||||||||||||
| Interest Rates of AFP Loans by Type | ||||||||||||||
| Missing/not reported | 0 to 2.0% | 2.1% to 4.0% | 4.1% to 6.0% | 6.1% to 8.0% | 8.1% or greater | |||||||||
| Count | Row N % | Count | Row N % | Count | Row N % | Count | Row N % | Count | Row N % | Count | Row N % | |||
| Type of Alternative Financing | No response | 0 | 0.0% | 0 | 0.0% | 2 | 100.0% | 0 | 0.0% | 0 | 0.0% | 0 | 0.0% | |
| Revolving loan program | 2 | 3.0% | 1 | 1.5% | 3 | 4.5% | 49 | 73.1% | 12 | 17.9% | 0 | 0.0% | ||
| Loan guarantee | 4 | 0.6% | 10 | 1.5% | 277 | 40.5% | 294 | 43.0% | 80 | 11.7% | 19 | 2.8% | ||
| Non-guaranteed low interest loan | 0 | 0.0% | 24 | 15.5% | 87 | 56.1% | 30 | 19.4% | 11 | 7.1% | 3 | 1.9% | ||
| Traditional interest loan | 1 | 11.1% | 0 | 0.0% | 3 | 33.3% | 3 | 33.3% | 2 | 22.2% | 0 | 0.0% | ||
| Interest buy-down | 3 | 1.2% | 73 | 28.1% | 115 | 44.2% | 67 | 25.8% | 1 | 0.4% | 1 | 0.4% | ||
| Other | 0 | 0.0% | 9 | 39.1% | 12 | 52.2% | 2 | 8.7% | 0 | 0.0% | 0 | 0.0% | ||
| Fiscal Year 2008 | ||||||||||||||
| Interest Rates of AFP Loans by Type | ||||||||||||||
| Missing/not reported | 0 to 2.0% | 2.1% to 4.0% | 4.1% to 6.0% | 6.1% to 8.0% | 8.1% or greater | |||||||||
| Count | Row N % | Count | Row N % | Count | Row N % | Count | Row N % | Count | Row N % | Count | Row N % | |||
| Type of Alternative Financing | No response | 2 | 1.2% | 88 | 51.8% | 18 | 10.6% | 36 | 21.2% | 25 | 14.7% | 1 | 0.6% | |
| Revolving loan program | 0 | 0.0% | 45 | 25.6% | 7 | 4.0% | 124 | 70.5% | 0 | 0.0% | 0 | 0.0% | ||
| Loan guarantee | 18 | 4.3% | 18 | 4.3% | 45 | 10.8% | 224 | 53.7% | 107 | 25.7% | 5 | 1.2% | ||
| Non-guaranteed low interest loan | 0 | 0.0% | 1 | 2.2% | 23 | 51.1% | 14 | 31.1% | 4 | 8.9% | 3 | 6.7% | ||
| Traditional interest loan | 0 | 0.0% | 1 | 33.3% | 1 | 33.3% | 1 | 33.3% | 0 | 0.0% | 0 | 0.0% | ||
| Interest buy-down | 1 | 0.2% | 78 | 4.2% | 169 | 39.1% | 239 | 55.3% | 5 | 1.2% | 0 | 0.0% | ||
| Other | 3 | 2.8% | 78 | 72.2% | 5 | 4.6% | 22 | 20.4% | 0 | 0.0% | 0 | 0.0% | ||
| Cummulative Fiscal Years 2000-2008 | ||||||||||||||
| Interest Rates of AFP Loans by Type | ||||||||||||||
| Missing/not reported | 0 to 2.0% | 2.1% to 4.0% | 4.1% to 6.0% | 6.1% to 8.0% | 8.1% or greater | |||||||||
| Count | Row N % | Count | Row N % | Count | Row N % | Count | Row N % | Count | Row N % | Count | Row N % | |||
| Type of Alternative Financing | No response | 22 | 7.7% | 97 | 33.9% | 66 | 23.1% | 63 | 22.0% | 36 | 12.6% | 2 | 0.7% | |
| Revolving loan program | 4 | 1.0% | 63 | 16.2% | 26 | 6.7% | 248 | 63.6% | 45 | 11.5% | 4 | 1.0% | ||
| Loan guarantee | 125 | 3.1% | 66 | 1.6% | 997 | 24.6% | 1878 | 46.1% | 727 | 17.9% | 279 | 6.9% | ||
| Non-guaranteed low interest loan | 7 | 0.8% | 58 | 6.9% | 336 | 40.2% | 368 | 44.0% | 52 | 6.2% | 15 | 1.8% | ||
| Traditional interest loan | 14 | 12.5% | 15 | 13.4% | 26 | 23.2% | 17 | 15.2% | 34 | 30.4% | 6 | 5.4% | ||
| Interest buy-down | 52 | 2.6% | 614 | 30.9% | 662 | 33.3% | 610 | 30.7% | 41 | 2.1% | 9 | 0.5% | ||
| Other | 52 | 11.7% | 186 | 41.7% | 163 | 36.5% | 42 | 9.4% | 0 | 0.0% | 3 | 0.7% | ||
| Source: AFP Outcomes Database and Management System, downloaded November 19, 2008 | ||||||||||||||