Loan Rates | Mid-Atlantic Federal Credit Union
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Loan Rates - Effective as of 07/27/2016
 


Auto Loans

Name Term APR4
12-36 Month New Auto Loan 36 Months  2.490%
37-48 Month New Auto Loan 48 Months  2.740%
49 - 66 Month New Auto Loan 66 Months  2.990%
67-84 Month New Auto Loan 84 Months  3.490%
12-36 Month Used Auto Loan 36 Months  2.990%
37-48 Month Used Auto Loan 48 Months  3.240%
49-72 Month Used Auto Loan 72 Months  3.490%
120 Month New Boat or RV Loan 120 Months  5.500% 
84 Month Used Boat or RV Loan 84 Months  6.250% 
60 Month New Motorcycle Loan 60 Months  5.490% 
60 Month Used Motorcycle Loan 60 Months  6.250% 

Home Equity

Name APR4 Minimum Loan Amount Maximum Loan Amount
15-Year HELOC (Interest Only) 3.500% 1 $10,000.00  $500,000.00 
15-Year HELOC (Principal & Int.) 3.500% 1 $10,000.00  $500,000.00 
6 to 20-yr Home Equity Loans 5.500%  $10,000.00  $500,000.00 

Consumer Loans

Name APR4 Minimum Loan Amount
Kwik Kash Line of Credit 8.000% 2 n/a 
Signature Loan 9.250%  n/a 
Shared Secured 2.230%  $250.00 
Student Plus First Car Loan 3.990% 3 n/a 
Student Plus Signature Loan 9.250%  n/a 

1Rates are subject to change at any time and are inclusive of "auto pay". Loans without "auto pay" are higher by .125%. Loan must remain outstanding for at least 36 months or closing cost paid by MAFCU will be added on to the loan. Payment Options: Principal and Interest or Interest Only. Homeowners' Insurance and Flood Insurance, if applicable, is required. Your Annual Percentage Rate may vary with the market based on the Prime Rate, the minimum is Prime +0.0%. The range in margin is 0.00% to 2.00% depending on credit score. Maximum is 18%. The index is the Prime Rate and is published in the Wall Street Journal "money rates" table on the 25th day of each calendar month, or if The Wall Street Journal is not published that day, the highest Prime Rate published in The Wall Street Journal "money rates" table immediately before the 25th day of the calendar month. The Prime Rate is a pricing index and is not the lowest or best interest rate available.

2Annual Percentage Rate. Loan rates shown are the lowest rate for the product advertised.

3Loans to Student Plus members require signature of a parent or legal guardian as co-applicant. Student Plus member must be employed and have at least a 3.0 GPA to qualify for discount. Student Plus member and parent must bring proof of income.

4Annual Percentage Rate

Print out generated 07/27/16, 1:08:52 PM, from the Mid Atlantic Federal Credit Union web site at https://www.mafcu.org/take-a-loan.