Loan
Rates
Simple. Fast. Convenient.
Minnesota Valley offers flexible terms and competitive rates requiring little or no down payment. A variety of repayment options are available. In many cases we can pre-approve your loan and have the funds available the same day.
| AUTO LOANS | |||
|---|---|---|---|
| New Vehicles (Titled in the last 6 months) | |||
| Term | Payment Example Amount | APR* | Payment |
| 36 months | $8,500 | as low as 4.49% | $252.81 |
| 48 months | $10,000 | as low as 4.74% | $229.12 |
| 60 months | $15,000 | as low as 4.99% | $284.72 |
| 72 months | $20,000 | as low as 5.24% | $324.33 |
| 84 months | $25,000 | as low as 5.49% | $359.13 |
| 96 months | 30,000 | as low as 5.99% | $394.10 |
| Used Vehicles 2020 to 2024 | |||
| Term | Payment Example Amount | APR | Payment |
| 36 months | $8,500 | as low as 4.74% | $253.76 |
| 48 months | $10,000 | as low as 4.99% | $230.25 |
| 60 months | $15,000 | as low as 5.24% | $284.72 |
| 72 months | $20,000 | as low as 5.49% | $326.66 |
| Used Vehicles 2015 to 2019 | |||
| Term | Payment Example Amount | APR | Payment |
| 36 months | $8,500 | as low as 5.24% | $255.67 |
| 48 months | $10,000 | as low as 5.49% | $232.52 |
| 60 months | $15,000 | as low as 5.74% | $288.18 |
| 72 months | $20,000 | as low as 5.99% | $331.36 |
| Used Vehicles 10 Years & Older | |||
| 36 months | $8,500 | as low as 6.24% | $259.45 |
| 48 months | $8,500 | as low as 6.49% | $201.54 |
| 60 months | $10,000 | as low as 6.74% | $196.79 |
| Auto Loan Rate Disclosures * APR = Annual Percentage Rate. Your actual rate may be different depending on your payment and credit history and Vehicle Loan-to-Value. Some restrictions may apply. Rates are subject to change without notice at any time. New or existing Minnesota Valley FCU membership is required. Rates are subject to change based on market conditions. Actual rate is based on factors, including applicant's credit history, term, mileage and Loan-to-Value (LTV). All loans are subject to credit approval. Minnesota Valley Federal Credit Union finances up to 125% of MSRP (new vehicles) or the J.D. Power NADA Retail Value (used vehicles). The maximum interest rate for this loan type is 18% APR. New Auto must be model years 2024 or newer. For model years 10 years old or older, please contact us for more information. Not all applicants will qualify for the lowest rate. Other rates and terms available. Subject to credit review. Some restrictions may apply. New or existing Minnesota Valley FCU membership is required. Federally Insured by NCUA Equal Housing Lender |
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Rates and terms are subject to change at any time based upon Asset-Liability Committee (ALCO) review and changing market conditions. These rates and terms do not constitute a contract or obligation. Rates are calculated based on an evaluation of credit history, loans terms including number of scheduled amounts to repay, loan-to-value, and account relationships with Minnesota Valley FCU. Additional restrictions may apply. *APR = Annual Percentage Rate. Rates quoted are the lowest possible including discounts, so your rate may differ. Total of all discounts limited to .85%.
Contact the loan department for details at 507-387-3055 or 800-247-0522 or via email loan@mnvalleyfcu.coop. To see our current Savings Rates, click here.
~Private Party Purchase Interest Rate Adjustment: +1.00% for private party sale transactions from one individual to another.
Discounts Available
*Add.50% to Real Estate Loans with amortizations over 240 months. *Add .25% for no Private Mortgage Insurance. Add .50% for Non- Conforming Loans.
Consumer Credit Score Discount of up to 0.25% is available to those who qualify. Discount is determined by the credit bureau (Beacon) score.
Home Equity Installment Credit Score Discount of up to 0.25% available to those who qualify. Discount is determined by the credit bureau (Beacon) score.