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About this estimator
Orders First provides a simplified screen for the federal pre-service debt interest-rate benefit. It does not determine eligibility, calculate the creditor's final adjustment, or promise a refund.
Orders First compares the average APR you enter with a 6% annual rate over the covered period, using the average balance and dates you provide. The result is approximate because it does not account for every balance change, fee, refinance, service fact, or institution rule.
The federal 6% scenario is shown first. A lower-rate comparison appears only when the institution and account type you enter match an additional benefit stated by that institution. An additional institution benefit does not replace or narrow the federal protection.
Orders First can prepare a basic request for you to review and download. It does not attach service documents, add a signature, send the request, or track an institution response. The institution decides what applies and performs its own calculation.
Common questions
For qualifying debt taken on before military service, the SCRA generally limits covered interest to 6% per year during service. Amounts above the cap are forgiven, not postponed. For a qualifying mortgage, the rate period can continue for one year after service.
For this federal interest-rate benefit, written notice and proof of service must reach the creditor no later than 180 days after active duty ends. Day 180 is allowed; this workflow blocks the request on day 181. Other SCRA protections and additional institution benefits may use different timing.
No. An account-opened date before active duty is required for this workflow, but it does not prove that the federal rule applies. The estimator does not verify service, account ownership, refinances, documents, or every legal requirement.
No. The result uses average values you enter and does not account for every changing balance, rate, fee, or institution rule. The institution decides what applies and calculates any adjustment.
Official sources
Prepared by Orders First from official federal materials. Institution-specific comparisons use separate official sources and appear only when the named institution and account type match. Orders First is independent and does not provide legal advice.