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?
What type of flight training can this loan be used for?
What does the timeframe look like in terms of when I will actually receive the funds?
If I am a foreign student, am I eligible for a Flexible Aviation Loan?
How will the interest be accrued on this type of loan?

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.