Flex Aviation Loan

finance your training with aopa's flexible aviation loan

Get Started Now

Before you get started here’s a list of things you will need to complete the application process:

  • Complete street address, phone number and email address
  • Social Security Number
  • Copy of valid ID and proof of income (paystub, W-2 or signed tax returns)

do you want affordable?

  • Private pilots license for as little as $100-200 a month for 84 months*
  • Instrument rating for as little as $120 a month for 84 months*
  • Multi rating for as little as $50 a month for 84 months*

do you want to improve your airplane?

AOPA Aviation Finance Company can provide you with the money you need. Click here to send us an inquiry.

*The above assumes a credit score of 740. Additional restrictions and higher rates apply for individuals with credit scores below. Terms are based on the following loan amounts; $6,000-12,000 PPL, $7,000 instrument rating and $3,000 multi rating. Flight training costs vary by location, aircraft and other factors. The above monthly payments carry an interest rate of 10.49% Annual Percentage Rate (APR). Credit approval and actual interest rates are dependent upon the credit history, income and obligations of the applicant and co-borrower, if any, as well as the loan term selected.

Frequently Asked Questions

How do I apply for the loan?
How quickly will I hear back from the lender in terms of a decision?
What documents will I need to complete the loan process?
What term should I select?
How will I receive the money?
Do you have to be an AOPA member to apply?
Do I need to make a down payment?
Is there a maximum amount I can borrow?
Why are the rates higher than on my car loan or mortgage?

Sample Rates and Terms

 

$5,000 Loan

$10,000 Loan

$15,000 Loan

Number of payments (Loan Term in Months)

Monthly Payment

Monthly Payment

Monthly Payment

84

$84-92

$169-184

$253-277

72

$91-99

$183-198

$274-297

60

$104-110

$208-220

$311-330

48

$123-128

$246-256

$370-384

36

$157-161

$313-321

$470-482

24

$226-230

$451-459

$677-689

$5,000

84 Month Term

$84-92 / Month

72 Month Term

$91-99 / Month

60 Month Term

$104-110 / Month

48 Month Term

$123-128 / Month

36 Month Term

$157-161 / Month

24 Month Term

$226-230 / Month

$10,000

84 Month Term

$169-184 / Month

72 Month Term

$183-198 / Month

60 Month Term

$208-220 / Month

48 Month Term

$246-256 / Month

36 Month Term

$313-321 / Month

24 Month Term

$451-459 / Month

$15,000

84 Month Term

$253-277 / Month

72 Month Term

$274-297 / Month

60 Month Term

$311-330 / Month

48 Month Term

$370-384

36 Month Term

$470-482 / Month

24 Month Term

$677-689 / Month

 

The above assumes a minimum credit score of 650. Additional restrictions and higher rates apply for individuals with credit scores below 650. The above monthly payments carry interest rates from 7.74-12.99% Annual Percentage Rate (APR). Credit approval and interest rates are dependent upon the credit history, income and obligations of the applicant and co-borrower, if any, as well as the loan term selected.