Auto Lending Rates
The credit union will only consider a lease buyout application if buying through a dealer
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Term
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Rate Type
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APR
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Maximum Amount
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LTV
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|---|
Auto Loans (2022 - 2023)
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Direct Deposit Auto Pay - Up to 84 Months
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Fixed
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4.99%
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$70,000
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100%
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Estimated payment per $1,000.00 is $14.13 based on 84 months
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Without Direct Deposit Auto Pay - Up to 84 Months
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Fixed
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5.24%
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$70,000
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100%
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Estimated Payment Per $1,000.00 is $14.25 based on 84 Months
|
Apply Now!
APR=Annual Percentage Rate.
***See terms and conditions below
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Term
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Rate Type
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APR**
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Maximum Amount
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LTV
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|---|
Used Auto (Years 2018 – 2021)
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Direct Deposit Auto Pay - Up to 60 months
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Fixed
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5.24%
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$70,000.00
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100%
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Estimated payment per $1,000.00 is $18.99 based on 60 months
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Without Direct Deposit Auto Pay - Up to 60 months
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Fixed
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5.49%
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$70.000.00
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100%
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Estimated payment per $1,000.00 is $19.10 based on 60 months
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Direct Deposit Auto Pay for 61-84 months
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Fixed
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5.74%*
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$70,000.00
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100%
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Estimated payment per $1,000.00 is $14.49 based on 84 months
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Without Direct Deposit Auto Pay for 61-84 months
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Fixed
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5.99%*
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$70,000.00
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100%
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Estimated payment per $1,000.00 is $14.61 based on 84 months
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***See terms and conditions below
Years 2018 and Newer, we will finance 100% of retail value
Apply Now!
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Term
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Rate Type
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APR**
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Maximum Amount
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LTV
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|---|
Used Auto (2015 – 2017)
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Direct Deposit Auto Pay - Up to 60 Months
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Fixed
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6.50%
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$70,000.00
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80%
|
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Estimated payment per $1,000.00 is $19.57 based on 60 months
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Without Direct Deposit Auto Pay - Up to 60 Months
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Fixed
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6.75%
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$70,000.00
|
80%
|
|
Estimated Payment per $1,000.00 is $19.69 based on 60 months
|
**See Terms and Conditions below
Apply Now!
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Term
|
Rate Type
|
APR**
|
LTV
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|---|
Used Auto (2012 – 2014)
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Direct Deposit Auto Pay - Up to 48 Months
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Fixed
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8.25%
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80%
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Estimated Payment per $1,000.00 is $24.53 based on 48 months
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Without Direct Deposit Auto Pay - Up to 48 Months
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Fixed
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8.50%
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80%
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|
Estimated Payment per $1,000.00 is $24.65 based on 48 months
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(Older than 2012 considered other collateral)
Years 2012 to 2017, we will finance 80% of retail value
***See Terms and Conditions below
Apply Now!
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Vehicle Year & Loan Term
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Rate Type
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APR*
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LTV
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|---|
Motorcycle Loan
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2018 - 2022: Up to 72 Months
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Fixed
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7.00%
|
100%
|
|
Estimated Payment per $1,000.00 is $17.05 based on 72 months
6.75% APR* with Direct Deposit Auto Pay; Estimated Payment per $1,000.00 is $16.94 based on 72 months
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2012 - 2017: Up to 48 Months
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Fixed
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7.00%
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80%
|
|
Estimated Payment per $1,000.00 is $23.95 based on 48 months
6.75% APR* with Direct Deposit Auto Pay; Estimated Payment per $1,000.00 is $23.84 based on 48 months
|
***See Terms and Conditions below
*APR = Annual Percentage Rate
**Motorcycles older than 2012 considered other collateral
Apply Now!
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Vehicle Year & Loan Term
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Rate Type
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APR*
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Maximum
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Loan to Value
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|---|
Other Collateral Loan – Includes Used Autos, Trucks, and Motorcycles 2011 and older: and all year Boats, Trailers and other recreational vehicles
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2018 or Newer: Up to 72 months
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Fixed
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10.00%
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$70,000.00
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100%
|
|
Estimated Payment per $1,000.00 is $18.53 based on 72 months.
9.75% APR* with Direct Deposit Autopay; Estimated payment per $1,000.00 is $18.41 based on 72 months.
|
| 2017 or Older: Up to 48 months |
Fixed |
10.00% |
$70,000.00 |
80% |
|
Estimated Payment per $1,000.00 is $25.37 based on 48 months.
9.75% APR* with Direct Deposit Autopay; Estimated payment per $1,000.00 is $25.25 based on 48 months.
|
(Maximum Term and LTV varies with amount of loan and age of collateral; see loan department for details)
*APR = Annual Percentage Rate
Terms and Conditions
- Vendor Single Insurance fee of $75.00 on all auto, motorcycle and other collateral loans
- Registry lien fees may apply on refinances
- Will finance 100% of the retail loan value for autos, motorcycles, and other collateral for model years 2018 and newer; 80% financing on model years 2017 and older (Gap Insurance available, see loan department for details)
- Refinancing of current credit union loans not available for lower rates
Apply Now!
Home Equity Loans
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Term
|
Rate
|
APR**
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***Loan to Value 80%
|
|---|
Fixed Rate Home Equity Loan ($20,000.00 to $250,000.00)
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Direct Deposit and Autopay required
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Up to 60 Months
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Fixed
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As Low As 4.50%
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*Estimated Payments Per $1,000.00 is $18.65 based on 60 Months
|
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Over the Counter Payments, No Direct Deposit
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Up to 60 Months
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Fixed
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As Low As 4.75%
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*Estimated Payment Per $1,000.00 is $18.76 based on 60 Months
|
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Direct Deposit and Autopay required
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61 Months to 120 Months
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Fixed
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As Low As 4.75%
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*Estimated Payment Per $1,000.00 is $10.49 based on 120 Months
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Over the Counter Payments, No Direct Deposit
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61 Months to 120 Months
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Fixed
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As Low As 5.00%
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*Estimated Payments Per $1000.00 is $10.61 based on 120 Months
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Direct Deposit and Autopay required
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121 Months to 180 Months
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Fixed
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As Low As 5.00%
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*Estimated Payments Per $1,000.00 is $7.91 based on 180 Months
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Over the Counter Payments, No Direct Deposit
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121 Months to 180 Months
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Fixed
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As Low As 5.25%
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*Estimated Payments Per $1,000.00 is $8.04 based on 180 Months
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Fixed Rate Loan Amount $200,000.00 to $250,000.00 (181 Months to 240 Months)
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Term
|
Rate
|
APR**
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***Loan to Value 80%
|
|---|
|
181 Months to 240 Months
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Fixed
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5.25%
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*Estimated Payments per $1,000.00 is $6.74 based on 240 Months with Direct Deposit AutoPay
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| 181 Months to 240 Months |
Fixed
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5.50%
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*Estimated Payments per $1,000.00 is $7.03 based on 240 Months without Direct Deposit AutoPay
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***Loan To Value is 80%; (.75% added to above rates over 80% LTV and loan may need to qualify for loan guarantee insurance; see loan department for details)
New Loans Only, No Refinances for Lower Rates
Apply Now!
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Term
|
Rate
|
Current Rate
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Loan to Value 80%**
|
|---|
Home Equity Loan Line of Credit ($20,000.00 to $125,000.00) Initial advance of $15,000 required
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Up to 180 Months
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Prime minus 0.75%
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6.75% APR*
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Up to 80%
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*Variable rate based on index (Prime as published in the Wall Street Journal) and margin and APR* may adjust semi-annually on January 1st and July 1st of each year depending on Index (Prime) and margin
Current prime rate 7.50%; Maximum Rate 16.00%. Minimum/Floor rate 4.00%
(Disclosure with approved application) ** If loan to value is over 80% rate is prime plus 0.00% (zero) or 7.50%, Minimum/Floor 4.75% APR If over 80% Loan to Value. Maximum Rate 16.00%
Reimbursement fee of $650.00 on lines of credit if paid and closed within 36 months.
Loan Origination Fee on all Equity Loans and Lines of Credit of $650.00
See loan department for details
Rates and fees subject to change without notice
New loan only, does not apply for existing lines
*APR = Annual Percentage Rate
Apply Now!
Other Loans
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Terms
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Rate Type
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Margin
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Maximum Amount
|
|---|
Share or Certificate Secured Loan
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Up to 120 Months
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Variable
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2.50% over Share or Certificate Rate
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90% of Account Balance
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Variable rate may adjust when Share or CD rates change
Apply Now!
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Minimum amount of $750.00 required at application
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|---|
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Terms
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Rate Type
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**APR
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Maximum Amount
|
|---|
Unsecured Loan (Personal)
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Without Direct Deposit AutoPay - Up to 60 Months
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Fixed
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11.99%
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$7,000.00
Estimated payment per $1,000.00 is $22.24 based on 60 months
|
|
Direct Deposit AutoPay - Up to 60 Months
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Fixed
|
11.74%
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$7,000.00
Estimated payment per $1,000.00 is $22.12 based on 60 months
|
|
** MINI SPECIAL UNSECURED LOAN FOR A LIMITED TIME (MINIMUM AMOUNT $500.00/MAXIMUM AMOUNT $2,500.00 **
| TERM UP TO 24 MONTHS |
FIXED |
RATE 8.99% APR |
ESTIMATED PAYMENTS PER $1,000.00 IS $45.70 BASED ON 24 MONTHS |
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Terms
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Rate Type
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**APR
|
Loan Limits
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Payments per $1000.00
|
|---|
Unsecured Home Improvement Loan
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Up to 72 Months
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Fixed
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7.00%
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Minimum $5,000.00 / Maximum $10,000.00
|
Estimated Payments per $1,000.00 is $17.04
|
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Up to 120 Months
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Fixed
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7.00%
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Minimum $10,001.00 / Maximum $15,000.00
|
Estimated Payments per $1,000.00 is $11.61
|
|
Up to 180 Months
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Fixed
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7.00%
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Minimum $15,001.00 / Maximum $25,000.00
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Estimated Payments per $1,000.00 is $8.99
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Must be primary residence and have ownership interest in property; $150.00 origination fee; certain terms and conditions apply, see loan department for details
Apply Now!
Credit Card Rates
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APR
|
Maximum Amount
|
|---|
Credit Card – Visa and Master Card
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9.00%
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$10,000.00
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Approved credit required. May not be used to pay off other loans from MWCFCU. APR=Annual Percentage Rate.
*REFINANCING OF CURRENT MWCFCU LOANS NOT AVAILABLE FOR LOWER RATES *
Apply Now!
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