Covered Loan

Why A Covered Loan With Us

Discover the advantage of a low-cost, flexible loan from Tower Credit Union

Competitive rates of interest

Flexible repayment terms

Free life insurance

No application fees

No early repayment charges

Easy to borrow as little as €500

Borow from your trusted credit union

Build your credit history with repayments

Loan Calculator

Try out our quick and easy loan calculator below

Maximum Loan Amount :
Maximum Loan Term :


Term

Repayments
APR
8.27%
# Repayments
Total
APR
8.27%
# Repayments
Total
APR
8.27%
# Repayments
Total
APR
8.27%
# Repayments
Total

This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. The Credit Union, or any of its staff, cannot be held responsible for any errors. Please note that this calculator only provides an indicative quote and actual repayments may vary.

Representative Example

Fair pricing from your local credit union!

Loan amount

€20,000

Interest rate - APR

8.27%

Loan term

5 years

Total interest

€4,299

Montly repayment

€405

Total cost of credit

€24,299

Required Documentation

What you need to avail of our incredible offers.

PLEASE NOTE

Our lenders may request documentation in order to completely assess your application.

Ready to apply?

Providing loans to Members on competitive terms is one of the main purposes of a Credit Union. It is the way in which the pool of Members’ savings is used for the advantage of other Members who need access to funds. As the Members who borrow pay interest for the use of the money - everyone benefits.