Ashfaq Hussain, et al. v. Salin Bank & Trust Co

── Ashfaq Hussain, et al. v. Salin Bank & Trust Co ── Case No.: 19A-MF-01786 Court: Indiana Court of Appeals Date: February 28, 2020 Author: Judge Robert Altice County of Origin: Hamilton Category: Civil Decision: Affirmed Judge Robb and Judge Bradford concur On September 12, 2008, the Hussains borrowed $221,937.26 from Salin, signed a note, and obtained a mortgage on certain real property in Noblesville to secure the loan. The agreement required the Hussains to repay Salin the original amount loaned with a regular interest rate of 7.75% and a default rate of 12.75%, along with late fees and attorneys’ fees in accordance with the terms and conditions of the note. The Hussains were required to make 180 payments of $2,104.42 each month, with the first payment due on October 16, 2008.