FHLB Dallas Amortizing Advances
Long-Term Maturities
Principal and Interest (P&I) Amortizing
Term
- Up to 20 years
- Can be structured to match amortization schedules up to 30 years
- Customized (CPR) available
Interest Rate
Fixed for term of advance and based on FHLB Dallas' cost of funds.
Interest Day Count
30/360
Availability
- Request via SecureConnect for lowest rate. Also available by telephone.
- >$5 million must be transacted by 1:00 p.m. CT.
- <$5 million must be transacted by 4:00 p.m. CT.
Prepayable Principal and Interest (P&I), Amortizing
Term
- Up to 20 years
- Can be structured to match amortization schedules up to 30 years.
- Customized CPR available.
Interest Rate
- Fixed for term of advance and based on the FHLB Dallas' cost of funds.
- For a prepayment option, +25 bps (approx) will be added to the advance rate.
Interest Day Count
30/360
Availability
- Request via SecureConnect for lowest rate. Also available 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.