FHLB Dallas Amortizing Advances
Long-Term Maturities
Principal and Interest (P&I) Amortizing
Term
- Terms of 1 to 20-year final maturities are available.
- The advance can be structured to match a variety of fixedrate mortgage amortization schedules (e.g., 30-year amortization with a 20-year balloon maturity).
Interest Rate
Fixed for term of advance and based on FHLB Dallas' cost of funds.
Prepayment option is available (See Member Products & Credit Policy), allowing the member to prepay either partially or in full at any time after 5 years from inception without being charged a fee.
Prepayment option is available (See Member Products & Credit Policy), allowing the member to prepay either partially or in full at any time after 5 years from inception without being charged a fee.
Interest Day Count
30/360
Availability
- Request via SecureConnect or by telephone.
- >$5 million must be transacted by 1:00 p.m. CT.
- <$5 million must be transacted by 4:00 p.m. CT.
Wire Deadlines
- Outgoing: 4:00 p.m. CT.
- Incoming: 4:00 p.m. CT.
- Incoming wires received after 4:00 p.m. CT will be charged a late fee.