How is the early release interest adjustment calculated?

If you end your flexiRate early, you’ll lose some of the interest you’ve earned so far. This is called an interest adjustment. How much interest you lose depends on how much of the flexiRate term you’ve completed. The earlier you end it, the larger the adjustment will be. The adjustment only affects the interest you receive. It won’t reduce your original flexiRate balance.

Proportion of Your flexiRate Period Completed Interest Adjustment
0% - 25% 80% of the interest earned up to the early release date
>25% - 50% 60% of the interest earned up to the early release date
>50% - 75% 40% of the interest earned up to the early release date
>75% - 100% 20% of the interest earned up to the early release date