Loan Rates
Consumer Loan Rates as of March 19, 2024
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| 48 Months | 60 Months | 72 Months | 84 Months | ||
|---|---|---|---|---|---|
| Autos 2017-2024** Payment per $1000 borrowed |
6.49% APR* $23.72 |
6.49% APR*
$19.57 |
6.99% APR* $17.05 |
7.49% APR* $15.34 |
|
| Autos 2014-2016** Payment per $1000 borrowed |
8.49% APR* $24.65 |
NA | NA | NA | |
| Campers & Motorcycles 2014-2024** Payment per $1000 borrowed |
7.49% APR* $24.18 |
7.49% APR*
$20.04 |
7.99% APR* $17.54 |
8.49% APR* $15.84 |
|
| Share Secured Loans Payment per $1000 borrowed |
4.99% APR* $23.03 |
4.99% APR*
$18.88 |
5.99% APR* $16.58 |
5.99% APR* $14.61 |
|
| Unsecured Loans up to $15,000 Payment per $1000 borrowed |
9.99% APR*
$25.37
|
9.99% APR*
$21.25 |
NA | NA | |
|
Credit Builder Loans up to $2500
Payment per $1000 borrowed - 12 months
Payment per $1000 borrowed - 24 months |
10.99%
APR*
$88.41 $46.62
|
NA | NA | NA | NA |
| Overdraft Line of Credit Up to $1000 Payment per $1000 borrowed |
16.00% APR* $50.00 |
$5 fee per day if an overdraft occurs |
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Home Equity Rates as of March 19, 2024
| No CLOSING COST PROGRAMS | 60 Months | 120 Months | 180 Months |
|---|---|---|---|
| Home Equity Loan*** up to 80% LTV Payment per $1000 borrowed |
6.99% APR* $19.81 |
6.99% APR*
$11.61
|
7.49% APR*
$9.27 |
|
Home Equity Line*** up to 80% LTV
Prime Rate -.25%
Current Prime Rate = 8.50%
|
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Mortgage Rates as of March 19, 2024
| 15 Years | 20 Years | 30 Years | |
|---|---|---|---|
| 5/5 ARM ***** - No Lender Closing Costs Payment per $1000 borrowed |
5.75% Interest Rate
5.886% APR* $8.31 |
5.75% Interest Rate 5.926% APR* $7.03 |
5.75% Interest Rate 5.971% APR* $5.84 |
| Fixed Rate Mortgage****** Payment per $1000 borrowed |
6.00% Interest Rate 6.056% APR* $8.44 |
6.25% Interest Rate
6.258% APR*
$7.31 |
6.75% Interest Rate 6.756% APR* $6.45 |
Rates subject to change based on credit scoring. Rates subject to change without notice. Property Insurance is required on all vehicle and real estate secured loans. Applicants must qualify for membership with NESC Federal Credit Union.
Mortgage and Home Equity payments do not include amounts for taxes and insurance premiums, if applicable, and the actual payment obligation may be greater.
*APR = Annual Percentage Rate. APR based on creditworthiness.
**VSI Fee is added on all vehicle secured loans.
***Minimum Home Equity amount is $20,000. Owner occupied 1-2 family properties only. Call for rates on 3-4 family properties.
**** Home Equity Line of Credit - Interest Rate is variable after 12 months and may adjust after consummation. Index based on Wall Street Journal Prime rate. Floor Rate = 0.00%; Maximum rate is 18%. Owner occupied 1-4 family properties only.
***** Adjustable Rate Mortgage. Rate may increase after consummation. Floor Rate = 2.25%; Caps 2/5. No Lender Closing Cost programs on balances $100,000 or greater and are not available in refinances of NESC balances. Maximum loan amount $400,000. APR based on a loan amount of $200,000. Based on a $200,000 loan the payment schedule will be 60 payments of $843.21 at an interest rate of 3.25%, 299 payments of $886.53 at an interest rate of 3.375% 1 payment of $881.96 at an interest rate of 3.375%. rates for owner occupied 1-2 unit properties. Call for rates on 3-4 unit owner occupied properties
******Maximum loan amount $400,000. APR based on a loan amount of $200,000. Owner Occupied Properties only. 10% down payment required on all purchase mortgages.