Loan Rates
AUTO LOANS
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| New Vehicles (Titled in the last 6 months) | |||
| Term | Payment Example Amount | APR* | Payment |
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36 months |
$8,500 |
as low as 3.14% |
$247.72 |
| Used Vehicles 2015 to 2019 | |||
| Term | Payment Example Amount | APR | Payment |
| 36 months 48 months 60 months 72 months |
$8,500 $10,000 $15,000 $20,000 |
as low as 3.39% as low as 3.64% as low as 3.89% as low as 4.14% |
$248.65 $224.18 $275.50 $314.18 |
| Used Vehicles 2009 to 2014 | |||
| Term | Payment Example Amount | APR | Payment |
|
36 months |
$8,500 |
as low as 4.39% |
$252.43 |
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HOME EQUITY LOANS |
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| 70% maximum Loan to Value | |||
| Term | Payment Example Amount | APR | Payment |
|
60 months |
$8,500 $10,000 $15,000 $20,000 |
as low as 5.49% |
$162.32 $103.59 $130.58 $154.94 |
| 80% maximum Loan to Value | |||
| Term | Payment Example Amount | APR | Payment |
| 60 months 120 months 180 months 240 months |
$8,500 $10,000 $15,000 $20,000 |
as low as 5.99% |
$164.29
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| 90% maximum Loan to Value | |||
| Term | Payment Example Amount | APR | Payment |
| 60 months 120 months 180 months 240 months |
$8,500 $10,000 $15,000 $20,000 |
as low as 6.74% as low as 5.74% as low as 7.74% as low as 8.24% |
$167.27 $109.72 $141.11 $170.29 |
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HOME EQUITY LINE OF CREDIT |
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| LTV | APR |
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| Up to 70% 70% to 80% 81% to 90% 91% to 95% |
Prime - 0.50%* Prime Prime + 0.75% Prime + 1.50% * floor rate is 3.99% |
4.75% 5.25% 6.00% 6.75% |
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STUDENT LOANS |
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| APR | |||
| Parent Student Education Loan | 6.00% | ||
RECREATIONAL EQUIPMENT LOANS |
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| New | |||
| Term | Payment Example Amount | APR | Payment |
| 36 months 48 months 60 months |
$5,000 $7,500 $10,000 |
as low as 3.64% as low as 3.64% as low as 3.89% |
$146.82 $168.14 $183.67 |
| Used 5 years old + | |||
| Term | Payment Example Amount | APR | Payment |
| 36 months 48 months 60 months |
$5,000 $7,500 $10,000 |
as low as 4.64% as low as 4.64% as low as 4.89% |
$149.05 $171.50 $188.21 |
BOAT & RV LOANS |
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| New | |||
| Term | Payment Example Amount | APR | Payment |
| 48 months 72 months 120 months 180 months |
$8,500 $10,000 $15,000 $20,000 |
as low as 3.64% as low as 3.89% as low as 4.64% as low as 4.64% |
$190.56 $155.95 $156.47 $154.43 |
| Used 5 years old + | |||
| Term | Payment Example Amount | APR | Payment |
| 48 months 72 months 120 months 180 months |
$8,500 $10,000 $15,000 $20,000 |
as low as 4.64% as low as 5.14% as low as 5.64% as low as 5.64% |
$194.37 $161.70 $163.83 $164.91 |
SHARE SECURED LOANS |
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| APR | |||
| Primary Share, Money Market, or CD secured |
2.00% above deposit rate |
3.50% minimum | |
UNSECURED LOANS |
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| Term | Payment Example Amount | APR | Payment |
| 36 months | $3,000 | as low as 14.39% | $103.10 |
MASTERCARD |
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| APR | |||
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MasterCard Classic MasterCard Choice Rewards |
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11.24%
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No Annual Fee No Annual Fee |
LINE OF CREDIT |
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| APR | |||
| No Annual Fee | No Advance Fee | 12.90% | |
| For more information, please call (507) 387 - 3055 | |||
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 based on the EZ Six Rewards. 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 1.50%.
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
*Discount of .25% for 10% down payment over required amount. *Add.50% to Real Estate Loans with amortizations over 240 months. *Add .20% for now auto loan payment. *Add .25% for no Private Mortgage Insurance. Add .50% for Non- Conforming Loans.
Consumer Credit Score Discount of up to 0.25% 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.
Discount of 0.25% available for 10% down payment over required amount.
Today's Rates
| APR as low as: | |
| New Auto 36 month fixed | 2.89% |
| Used Auto 48 month fixed | 3.39% |
| Home Equity 5 yr fixed | 5.24% |
| Home Equity Line of Credit | 2.99% |
| APY* as high as: | |
| Share Savings (S1) | 0.30% |
| Money Market (S6) | 0.30 - 0.75% |
| 36 Month Certificate | 2.16% |
| 48 Month Certificate | 2.42% |
| 60 Month Certificate | 2.67% |
| U.S. Treasury Rates on 07-22-2019: | |
| 1 Year | 1.95% |
| 5 Year | 1.80% |
| Rates Subject to Change. Restrictions may apply. | |
| View All Rates for details. *APY (Annual Percentage Yield) | |
