| 2010-1999 Automobiles |
A+ |
A |
B |
C |
C- |
D |
| LOAN TYPE |
TERM |
APR |
APR |
APR |
APR |
APR |
APR |
| Other Collateral* |
12 MO |
3.25% |
3.50% |
4.50% |
6.50% |
9.50% |
13.50% |
| *Motor Homes, Campers, 5th Wheels |
24 MO |
3.50% |
3.75% |
4.75% |
6.75% |
9.75% |
13.75% |
| Travel Trailers,Motorcycles, |
36 MO |
3.75% |
4.00% |
5.00% |
7.00% |
10.00% |
14.00% |
| Snowmobiles, Boats, Jet Ski, ATV, |
48 MO |
4.00% |
4.25% |
5.25% |
7.25% |
10.25% |
14.25% |
| Utility Trailers,(ie: horse, enclosed or snowmobile trailers) |
60 MO |
4.25% |
4.50% |
5.50% |
7.50% |
10.50% |
14.25% |
|
72 MO |
4.50% |
4.75% |
5.75% |
7.75% |
10.75% |
14.75% |
|
1998 and older model years will have an unsecured rate
Up to 100% LTV, LTV BASED ON CREDIT SCORE ** 80% LTV on collateral with 120,000 miles or more and limited to a maximum term of 36 months
Add 1.0% to loans for classic cars and motorcycles older than 20 years |
|
|
|
A+ |
A |
B |
C |
C- |
D |
| LOAN TYPE |
TERM |
APR |
APR |
APR |
APR |
APR |
APR |
|
84 MO |
5.75% |
6.00% |
7.00% |
9.00% |
12.00% |
16.00% |
| 8 YR AMORITIZATION WITH 5 YEAR BALLOON |
96 MO |
7.00% |
7.25% |
8.25% |
10.25% |
13.25% |
17.25% |
| 10 YR AMORITIZATION WITH A 5 YR BALLOON |
120 MO |
7.25% |
7.50% |
8.50% |
10.50% |
13.50% |
17.50% |
| 12 YR AMORITIZATION WITH A 5 YR BALLOON |
144 MO |
7.50% |
7.75% |
8.75% |
10.75% |
13.75% |
17.75% |
|
| Home Equity |
| 15 yr amoritatization MAX on 2nds |
<80% |
5.50% |
5.75% |
6.25% |
8.25% |
11.25% |
15.25% |
| 30 yr amoritization MAX on 1sts <80% |
>81-90% |
5.75% |
6.00% |
6.50% |
8.50% |
11.50% |
15.50% |
| add 1% to pricing for >81-90% on 1sts |
>91-100% |
6.75% |
7.00% |
7.50% |
9.50% |
12.50% |
16.50% |
Appraisal or tax assessed may be used 5 Year Balloons Fixed Rate
NOTE: Closing costs may increase the APR on real estate loans |
|
| Home Equity Line of Credit |
| HELOC Variable Rate ** |
<80% |
3.50% |
3.75% |
4.25% |
6.25% |
n/a |
n/a |
|
>81-90% |
3.75% |
4.00% |
4.50% |
6.50% |
n/a |
n/a |
|
>91-100% |
4.50% |
4.75% |
5.25% |
n/a |
n/a |
n/a |
| 5 yr draw amoritization up to 20 years
$5000 minimum/$250 minimum draw
Minimum payment $100.00
** Rate may change quarterly |
| ** Prime Rate is based on Wall Street Journal
Current Prime as of December 17, 2008 is 3.25%
may change on a daily basis |
|
| Construction Loan |
| Variable Rate** |
<80% |
5.50% |
5.75% |
6.25% |
8.25% |
n/a |
n/a |
|
>81-90% |
6.50% |
6.75% |
7.25% |
9.25% |
n/a |
n/a |
| Owner occupied property in SD only & <40 acres zone property 6 month term
Must be pre-approved for permanent financing
Appraised value must be used
** Rate may change quarterly |
|
| MOBILE HOMES |
| New to 4 Years |
180 Mo |
10.50% |
10.75% |
11.25% |
13.25% |
16.25% |
18.00% |
| 5 to 8 Years |
144 Mo |
11.00% |
11.25% |
11.75% |
13.75% |
16.75% |
18.00% |
| 9 to 14 Years |
120 Mo |
11.50% |
11.75% |
12.25% |
14.25% |
17.25% |
18.00% |
| 15 Years and older |
72 Mo |
13.50% |
13.75% |
14.25% |
16.25% |
18.00% |
18.00% |
|
| UNSECURED |
| UP TO $15,000 AGG. PER |
12 MO |
8.00% |
8.75% |
9.50% |
11.50% |
13.50% |
16.25% |
| MEMBER |
24 MO |
8.25% |
9.00% |
9.75% |
11.75% |
13.75% |
16.25% |
|
36 MO |
8.75% |
9.50% |
10.25% |
12.25% |
14.25% |
16.25% |
|
48 MO |
9.50% |
10.00% |
10.50% |
12.50% |
15.25% |
16.25% |
|
60 MO |
10.50% |
11.2% |
12.00% |
14.00% |
15.25% |
16.25% |
| VARIABLE |
LOC |
10.25% |
11.25% |
12.50% |
15.50% |
17.50% |
18.00% |
| 12 MO and 24 MO $1000 minimum advance, $60.00 minimum payment 36 MO $3000 minimum, 48 MO and 60 MO $5000 minimum Line of Credit(LOC) Review after 24 Months, Rates may change Quarterly, Same min adv/pymt as fixed |
| Visa Classic |
Min payment $25.00 or 3% |
9.90% |
9.90% |
9.90% |
9.90% |
9.90% |
9.90% |
| Visa Platinum Preferred |
rate may change Quarterly |
5.00% |
5.00% |
5.00% |
n/a |
n/a |
n/a |
| OVERDRAFT |
Min payment $25.00 or 5% |
18.00% |
18.00% |
18.00% |
18.00% |
18.00% |
18.00% |
SHARE SECURED/CERTIFICATE SERCURED
2% above the share/CD rate that is being used for security
100% of balance |
|
> Rates are subject to change
> These rates include a .25% discount available to members who maintain a checking account with us and their loan payment is made by automatic payment method.
> A 1% reduction in C, C-, D rates to those members who have successfully completed the Credit When Credit is Due course. This discount does not apply to line of credits or credit cards. |
| Med5 Federal Credit Union offers a tiered pricing program. This allows as many members as possible to obtain financing. Your individual rate will be determined by the type and/or age of collateral offered, length of the loan, and your credit history. We welcome your application. |
