Apple is now offering customers that are approved for an Apple Instant Loan at its online Apple Store a 90-day grace period before payments must begin, as noted by MacCentral. Loans are available up to US$25,000, with a choice of 24, 36, 48, or 60 month repayment terms. Apple has partnered with MNBA for the loan financing, and offers a loan status page to check the status of an application or to calculate monthly payments.