Loan Rates
Rates are subject to change at any time without notice. We will make every attempt to update this section on the day of rate change. Please call the credit union for the latest information about rates and specials. Some rates determined by credit score.
Last Update:
June 17, 2008
| Loan |
Type |
Terms |
Annual Percentage Rate (APR) |
Payment per $1,000 |
Additional Information |
| Auto Loans |
New and Used '06-'08 |
3-year |
4.60% |
$29.79 |
Motorcycles and RV's, 15% down, add 2% to auto loan rates. Maximum loan term is at the discretion of the loan officer. Leases available. 72 month loan on new cars only. Some restrictions apply. Some rates determined by credit score. |
| 4-year |
4.75% |
$22.92 |
| 5-year |
5.00% |
$18.87 |
| 6-year |
6.25% |
$16.69 |
| Older Used |
3-year |
6.10% |
$30.47 |
| 4-year |
6.20% |
$23.58 |
| 5-year |
6.35% |
$19.50 |
| Credit Cards and Overdraft Protection |
Classic MasterCard |
Variable rate at prime plus 3.0%, |
8.00% |
N/A |
WEA Credit Union credit cards have no annual fees |
| Gold MasterCard |
Variable rate at prime plus 2.0% |
7.00% |
N/A |
| Kwik Cash Loan |
N/A |
15.00% |
|
provides account overdraft protection |
| Personal Loans |
Signature |
3-year |
10.25% |
$32.40 |
$10,000 maximum loan amount |
| Boat or Recreational Vehicle |
3-year |
7.0% |
$30.89 |
Boat and recreational vehicle loans require 15% down |
| Used Boat or Recreational Vehicle |
4-year |
7.5% |
$24.19 |
| Other |
5-year |
8.0% |
$20.29 |
|
| Home Equity Lines of Credit Loans |
80% LTV 2nd |
N/A |
Prime - .50% |
$16.00 |
Line of Credit |
| 80% LTV 1st |
Prime - 1% |
| 50% LTV 1st |
Prime - 1.25% |
| Mortgages |
First Mortgage |
7-years |
5.00% |
$14.14 |
Appraisal, title and flood search, and recording fees are paid by borrower, other programs available |
| First Mortgage Balloon |
3-year / 15-year |
5.50% |
$8.17 |
| 2nd Mortgage |
5-year |
5.75% |
$19.22 |
| 10-year |
6.25% |
$11.23 |
| Retirement Mortgages |
1st Mortgage |
3-year |
5.25% |
$30.08 |
50% LTV |
| 5-year |
5.45% |
$19.08 |
| 7-year |
5.55% |
$14.37 |
| 10year |
5.75% |
$10.98 |
Interested in applying for a WEA Credit Union loan? Use our secure and convenient online applications!
|
|
.jpg)
