OTHER LOAN RATES *
|
| Type of Loan |
Annual Percentage Rate ** |
Maximum Length of Loan in Months |
Estimated Monthly Payment per $1,000 borrowed |
| Share Secured |
4.00% |
48 |
$22.58 |
| Share Secured |
6.50% |
120 |
$11.36 |
| Computer Secured |
7.50% |
24 |
$45.00 |
| Computer Secured |
8.50% |
36 |
$31.57 |
| Certificate of Deposit Secured |
Higher of 4.00% or 3.00% Plus CD Interest Rate |
Term of Certificate |
(Assuming a 4.00% interest rate for a 12 month loan)$85.14 |
| Unsecured Loans (including Lines of Credit) |
12.90% |
36 |
$33.66 |
| * All loans are subject to credit approval. No down payment required for approved and qualified borrowers. |
| ** Annual Percentage Rate (APR) is effective as of 07/01/2008 and subject to change without notice. |
|
HOME EQUITY LOAN INTERST RATES *
|
| Type of Loan |
Annual Percentage Rate** |
Maximum Length of Loan in Months |
Estimated Monthly Payments per $1,000 Borrowed |
| Real Estate Equity - 75% LTV |
6.25% |
180 |
$8.58 |
| Real Estate Equity - 80% LTV |
5.00% |
36 |
$29.97 |
| Real Estate Equity - 80% LTV |
5.25% |
60 |
$18.99 |
| Real Estate Equity - 80% LTV |
5.75% |
84 |
$14.49 |
| Real Estate Equity - 80% LTV |
6.00% |
120 |
$11.10 |
| Real Estate Equity - 90% LTV |
6.25% |
36 |
$30.54 |
| Real Estate Equity - 90% LTV |
6.50% |
60 |
$19.57 |
| Real Estate Equity - 90% LTV |
6.75% |
84 |
$14.97 |
| Real Estate Equity - 90% LTV |
7.25% |
120 |
$11.74 |
| Real Estate Equity - 95% LTV |
7.25% |
36 |
$30.99 |
| Real Estate Equity - 95% LTV |
7.50% |
60 |
$20.04 |
| Real Estate Equity - 95% LTV |
7.75% |
84 |
$15.46 |
| Real Estate Equity - 95% LTV |
8.25% |
120 |
$12.27 |
|
|
|
|
| Home Equity Line of Credit (variable rate) |
5.00% Variable Rate Changes Quarterly *** |
|
|
| Home Equity Interest Only Line of Credit (variable rate) |
5.50% Variable Rate Changes Quarterly *** |
|
|
|
|
|
|
| * All loans are subject to credit approval. |
| ** Annual Percentage Rate (APR) is effective as of 07/01/2008 and subject to change without notice. Rate is based on credit history; rate shown is offered to members with good credit. The rate may be higher for members with less satisfactory credit. Please contact our loan department for additional information. |
| *** The Annual Percentage Rate (APR) may change up to four times a year. Changes will be made on the first day of January, April, July and October. The APR is the Prime Lending Rate in effect three business days prior to the first day of each calendar quarter. However, the APR shall never be less than 4 percent or higher than 18 percent. The "Prime Lending Rate" means the average prime rate of major U.S. money center commercial banks as published in the Wall Street Journal (or alternate publication, if required). The APR may increase or decrease if the Prime Lending Rate increases or decreases. An increase may cause you to have to make more payments on your loan but the amount of the payments will not change. The minimum monthly payment amount is $2.00 for each $100.00 borrowed, but the monthly payment will never be less than $100.00. |
