| Loan Type |
Term in months |
Credit
Score of |
| 725+ |
680-724 |
651-679 |
600-650 |
560-599 |
559
and under |
| Auto and Truck loans - New and Used |
Vehicle - Model years 2007 & up
|
36 - 48
|
6.00% |
6.50% |
7.00% |
11.00% |
13.50% |
14.50% |
| |
64
|
6.50% |
7.00% |
7.50% |
11.50% |
14.00% |
15.00% |
Amount greater
than $20,000
|
72 |
7.00% |
7.50% |
8.00% |
12.00% |
n/a |
n/a |
Amount greater
than $30,000
|
84 |
7.25% |
7.75% |
8.25% |
n/a |
n/a |
n/a |
|
Vehicle - Model years 2001-2006
|
36 - 48 |
6.50% |
7.00% |
7.50% |
11.50% |
13.50% |
14.50% |
| |
64 |
7.00% |
7.50% |
8.00% |
12.00% |
14.00% |
15.00% |
Amount greater than $20,000
|
72 |
7.50% |
8.00% |
8.50% |
12.50% |
n/a |
n/a |
|
| Recreational Vehicles |
| New RV/Motorhome - 2007 and up |
up
to 180 months |
7.50% |
8.00% |
8.50% |
12.50% |
14.50% |
15.50% |
Used RV/Motorhome - 1999- 2005
|
up
to 180 months |
8.50% |
9.00$ |
9.50% |
13.50% |
15.50% |
16.50% |
|
|
New Motorcycle 2007 and up
|
up
to 64 months |
7.50% |
8.00% |
8.50% |
12.50% |
14.50% |
15.50% |
Used Motorcycle -2001-2006
|
up
to 64 months |
8.50% |
9.00% |
9.50% |
13.50% |
15.50% |
16.50% |
Boat
New and Used, ATV's and Ski Jets
|
up
to 72 months |
7.50% |
8.00% |
8.50% |
12.50% |
14.50% |
15.50% |
|
| Personal Signature Loans |
Signature - fixed rate and term
|
up
to 60 months |
11.50% |
12.00% |
12.50% |
16.50% |
18.00% |
18.00% |
Quick Loan
|
3
months |
18.00% |
18.00% |
18.00% |
18.00% |
18.00% |
18.00% |
Line of Credit
|
open |
15.50% |
15.50% |
15.50% |
15.50% |
15.50% |
15.50% |
Loans secured by savings (shares)
|
up
to 60 months |
3.00% |
3.00% |
3.00% |
3.00% |
3.00% |
3.00% |
Loan secured by Share Certificates (CD's)
|
term
of CD |
3% over CD rate |
|
*Rate is depedent upon credit score and term of loan. A 50 basis point discount on the interest rate if a 10% or more down payment on a used or new vehicle. A 25 basis point discount on the interest rate if loan pays by payroll deduction or automatic transfer. MFCU reserves the right to require a down payment. No salavage titles. The payment on a $25,000 loan at 64 months at 5.99% APR is $457.30 |
