AAEC Credit Union has assets of approximately 84 million dollars. We offer a full range of financial services designed to help our members manage their money effectively.AAEC is a state chartered institution and all deposits are insured up to $250, 000 by the National Credit Union Administration (NCUA), an agency of the federal government
The Arlington Area Education Community Credit Union (AAEC) was founded in 1955 to serve employees of Districts 214, 15, 21, 23, 25, 26, 57, 59, NSSEO, Harper College, and their families. We now welcome everyone who resides or works in our general geographic area. Specifically this area is defined as the Illinois/Wisconsin border on the north, to US 90/US 39 on the west, to US 80 then US 294 on the south, to US 294 to IL 19 (Irving Park Rd) to Lake Michigan on the east.
AAEC Credit Union has assets of approximately 84 million dollars. We offer a full range of financial services designed to help our members manage their money effectively.
AAEC is a state chartered institution and all deposits are insured up to $250, 000 by the National Credit Union Administration (NCUA), an agency of the federal government.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
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