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 1.64%
as low as 1.89%
as low as 2.14%
as low as 2.39%
as low as 2.64%

$242.13
$216.47
$263.84
$298.45
$326.29

Used Vehicles 2016 to 2020 
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 1.64%
as low as 1.89%
as low as 2.14%
as low as 2.39%
$242.13
$216.47
$263.84
$298.45
Used Vehicles 2011 to 2015
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 1.64%
as low as 1.89%
as low as 2.14%
as low as 2.39%

$242.13
$216.47
$263.84
$298.45

 

     

HOME EQUITY LOANS

70% maximum Loan to Value
Term Payment Example Amount APR Payment

60 months
120 months
180 months
 

$8,500
$10,000
$15,000
 

as low as 3.49%
as low as 4.49%
as low as 4.49%
 

$154.59
$103.59
$114.67
 

80% maximum Loan to Value
Term Payment Example Amount APR Payment
60 months
120 months
180 months
$8,500
$10,000
$15,000
 

as low as 3.99%
as low as 4.99%
as low as 4.99%
 

$156.50
$106.02
$118.54
 

 

90% maximum Loan to Value
Term Payment Example Amount APR Payment
60 months
120 months
180 months
 
$8,500
$10,000
$15,000
 
as low as 4.74%
as low as 5.74%
as low as 5.74%
 
$159.39
$109.72
$124.48
 

Home Solar and Renewable Energy Loan Program (80% maximum Loan to Value)
60 months
120 months
180 months 


Payment Example Amount 

$8,500
$10,000
$15,000


APR

as low as 2.24%
as low as 2.99%
as low as 3.74%

Payment 

$149.88
$96.52
$109.01

 

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%
2.75%
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 2.64%
as low as 2.64%
as low as 2.89%
$144.61
$164.82
$179.20
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 3.64%
as low as 3.64%
as low as 3.89%
$146.82
$168.14
$183.67
       

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 2.64%
as low as 3.89%
as low as 4.64%
as low as 5.89%
$186.79
$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

 

Credit Builder Loan

 

Establish or Rebuild Credit History. What you borrow will be desposited into your membership savings. 

 

6.00%

 

UNSECURED LOANS

Term Payment Example Amount APR Payment
36 months $3,000 as low as 6.64% $92.14

 

Payday Loan Alternative- Break the payday loan cycle for good. Loan amounts up to $1,000. Maximum term 12 months. 

 

$1,000

 

3.25%

 

$84.81

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 no 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 1.64%
Used Auto 48 month fixed 1.89%
Home Equity 5 yr fixed 3.49%
Home Equity Line of Credit 2.50%
   
APY* as high as:  
Share Savings (S1)     0.15%
Money Market (S6) 0.15 - 0.50%
36 Month Certificate 0.75%
48 Month Certificate 1.10%
60 Month Certificate 1.15%
   
   
Rates Subject to Change. Restrictions may apply.
 *APY (Annual Percentage Yield)

 

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