Loan Rates

AUTO LOANS     

New Vehicles (Titled in the last 6 months) 
Term Payment Example Amount APR* Payment

36 months
48 months
60 months
72 months
84 months

$8,500
$10,000
$15,000
$20,000
$25,000

as low as 1.89%
as low as 2.14%
as low as 2.39%
as low as 2.64%
as low as 2.89%

$243.05
$217.56
$265.48
$300.66
$329.09

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 2.14%
as low as 2.39%
as low as 2.64%
as low as 2.89%
$243.98
$218.66
$267.14
$302.89
Used Vehicles 2010 to 2014
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 2.64%
as low as 2.89%
as low as 3.14%
as low as 3.39%

$245.84
$220.86
$270.46
$307.38

 

     

HOME EQUITY LOANS

70% 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 5.49%
as low as 4.49%
as low as 6.49%
as low as 6.99%

$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%
as low as 4.99%
as low as 6.99%
as low as 7.54%

$164.29
$106.02
$134.74
$161.61

 

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
   
 
 

 

HOME EQUITY LINE OF CREDIT

LTV   APR

 

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 3.25%
2.99%
3.25%
4.00%
4.75%
 
       

STUDENT LOANS

    APR  
Parent Student Education Loan   6.00%  
     

RECREATIONAL EQUIPMENT LOANS

New
Term Payment Example Amount APR Payment
36 months
48 months
60 months
$5,000
$7,500
$10,000
as low as 2.89%
as low as 2.89%
as low as 3.14%
$145.16
$165.64
$180.31
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 3.89%
as low as 3.89%
as low as 4.14%
$147.38
$168.97
$184.80
       

BOAT & RV LOANS

New
Term Payment Example Amount APR Payment
48 months
72 months
120 months
180 months
$8,500
$15,000
$15,000
$30,000
as low as 2.89%
as low as 3.89%
as low as 4.64%
as low as 5.89%
$187.73
$233.93
$156.47
$251.38
Used 5 years old +
Term Payment Example Amount APR Payment
48 months
72 months
120 months
180 months
$8,500
$15,000
$15,000
$30,000
as low as 4.39%
as low as 4.89%
as low as 5.64%
as low as 6.89%
$193.41
$240.81
$163.83
$267.81
       

SHARE SECURED LOANS

    APR  
Primary Share, Money Market,
or CD secured
2.00% above
deposit rate
3.50% minimum
       

UNSECURED LOANS

Term Payment Example Amount APR Payment
36 months $3,000 as low as 14.14% $102.74
       

MASTERCARD 

    APR  

MasterCard Classic

MasterCard Choice Rewards

Learn More

 

11.24%
14.24%

No Annual Fee 

No Annual Fee 

       

LINE OF CREDIT

    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.  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

*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 1.89%
Used Auto 48 month fixed 2.39%
Home Equity 5 yr fixed 5.49%
Home Equity Line of Credit 2.99%
   
APY* as high as:  
Share Savings (S1)     0.15%
Money Market (S6) 0.15 - 0.70%
36 Month Certificate 0.55%
48 Month Certificate 0.65%
60 Month Certificate 0.75%
   
   
Rates Subject to Change. Restrictions may apply.
 *APY (Annual Percentage Yield)

 

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