Your rate will be determined by your credit history
2010 New Auto
6 Yrs
6.85%
2005
up to 4 Yrs
7.00%
2004
up to 3 Yrs
7.00%
MOTORCYCLES*
2006 or Newer
up to 5 Yrs
8.10%
2005
up to 4 Yrs
8.35%
2004
up to 3 Yrs
8.35%
BOATS & RV's*
2006 or Newer
5 Yrs
7.85%
10 Yrs
9.25%
15 Yrs
10.85%
MOBILE HOMES*
5 Yrs
8.10%
10 Yrs
9.10%
15 Yrs
10.10%
PERSONAL ($10,000 Max. Ind. $15,000 Max. Joint)**
1 Yr
7.95%
2 Yrs
8.95%
3 Yrs
9.95%
4 Yrs
10.95%
5 Yrs
11.95%
HOME EQUITY FIXED 2nd MORTGAGE 80% LTV*** Minimum Loan Amount is $10,000.
5 Yrs
6.50%
10 Yrs
6.75%
15 Yrs
8.00%
HOME EQUITY LINE OF CREDIT 80% LTV****
Annual Percentage Rate is the FBFCU Prime Rate. This is a Variable Rate Plan, which provided for an Index published by The Wall Street Journal. Due to the present state of the economy, that Index is below the Minimum Yearly Interest Rate of 4.50% set forth in the Plan. Until such time as the Index published by The Wall Street Journal exceeds a Yearly Interest Rate of 4.5%, your rate will be the prime rate of FBFCU. (For the current rate please call the Credit Union.) The Maximum Yearly Interest Rate that can be charged is 18%. There is a 10-year draw and a 15-year payback term.
SHARE SECURED*****
up to 5 Yrs
4.00%
CERTIFICATE SECURED******
up to 5 Yrs
3% above CD Rate
* Note: Payment examples:
Auto Loan
5 year term
$10,000 principal
5.40%apr
monthly payment $190.59
6 year term
$20,000 principal
6.85%apr
monthly payment $339.50
4 year term
$10,000 principal
7.00%apr
monthly payment $239.42
3 year term
$10,000 principal
7.00%apr
monthly payment $308.71
Motorcycle Loan
5 year term
$10,000 principal
8.10%apr
monthly payment $203.21
4 year term
$10,000 principal
8.35%apr
monthly payment $245.73
3 year term
$10,000 principal
8.35%apr
monthly payment $314.91
Boat & RV loan
5 year term
$10,000 principal
7.85%apr
monthly payment $202.02
10 year term
$10,000 principal
9.25%apr
monthly payment $128.03
15 year term
$10,000 principal
10.85%apr
monthly payment $112.72
Mobile Home loan
5 year term
$10,000 principal
8.10%apr
monthly payment $203.21
10 year term
$10,000 principal
9.10%apr
monthly payment $127.21
15 year term
$10,000 principal
10.10%apr
monthly payment $108.08
**Note: Payment examples:
Personal loan
1 year term
$10,000 principal
7.95%apr
monthly payment $869.74
2 year term
$10,000 principal
8.95%apr
monthly payment $456.67
3 year term
$10,000 principal
9.95%apr
monthly payment $322.48
4 year term
$10,000 principal
10.95%apr
monthly payment $258.25
5 year term
$10,000 principal
11.95%apr
monthly payment $222.24
*** Note: Payment examples:
Home Equity Fixed 2nd Mortgage
5 year term
$10,000 principal
6.50%apr
monthly payment $195.70
10 year term
$10,000 principal
6.75%apr
monthly payment $114.86
15 year term
$10,000 principal
8.00%apr
monthly payment $95.61
If a home equity loan is closed out within 1 year, all closing costs will be billed to the member.
****Note
Home Equity Line of Credit
If a home equity line of credit is closed out within 1 year, all closing costs will be billed to the member.
