LISEFCU Loan Rates
Rates Effective June 22, 2010
Vehicles
| Product | Maximum Loan |
Maximum Term (Months) |
APR+ Rates As Low As* |
Monthly Payment per $1,000 Borrowed |
| New | $40,000 | 72 | 4.99% | $16.11 |
| Used | $40,000 | 60 | 5.49% | $19.10 |
Personal
| Product | Maximum Loan |
Maximum Term (Months) |
APR+ Rates As Low As* |
Monthly Payment per $1,000 Borrowed |
| Fixed | $20,000 | 60 | 9.99% | $21.25 |
| Variable Line of Credit | $15,000 | 60 | **Prime Floor+ 4.99% | $20.77(based on 8.99%) |
| Overdraft Protection | $1,000 | 12 | 13.00% | $91.00 |
| Share Secured | $50,000 | 60 | Dividend Rate + 4.00% | $18.51(based on 4.20%) |
Home Equity
| Product | Maximum Loan |
Maximum Term (Months) |
APR+ Rates As Low As* |
Monthly Payment per $1,000 Borrowed |
| Line of Credit - Variable | $150,000 | 180 | **Prime floor% | $7.40 (based on 4.00%) |
| Line of Credit - Fixed | $150,000 | 60 | **Prime Floor + 1.49% | $19.11 (based on 5.49%) |
| Line of Credit - Fixed | $150,000 | 120 | **Prime Floor + 1.99% | $19.34(based on 5.99%) |
| Line of Credit - Fixed | $150,000 | 180 | **Prime Floor + 2.49% | $19.57(based on 6.49%) |
Home Secured
Maximum Loan |
Maximum Term (Months) |
APR+ Rates As Low As* |
Monthly Payment per $1,000 Borrowed |
|
| Home Secured Loan | $30,000 | 60 | 9.99% | $21.24 |
| Home Secured Loan | $30,000 | 120 | 10.49% | $13.49 |
| Home Secured Loan | $30,000 | 180 | 10.99% | $11.36 |
*All extensions of credit are subject to credit approval. Rates shown are the lowest rates offered for the products advertised.
Applicants who are not approved at these rates or terms may be offered credit at a higher rate and/or with different terms.
**Prime Floor 4.00%
All rates are subject to change without notice. For all the variable rate loans, the APR may be increased due to the terms and conditions of the loan. HELOCS up to $150,000 are available. Maximum APR you are charged under this plan can never be greater than the maximum rate permitted by the Federal Credit Union Act, currently 18%.
Limited time introductory or promotional offers will terminate, causing all such APRs to automatically revert to the standard, non-promotional APR, if your account is closed for any reason within the first one (1) year from the date of your first advance, or if you either fail to make a required minimum payment by your payment due date, or otherwise default on the original terms and agreements of this loan. Any closing costs paid by the Credit Union must be repaid by the borrower if a Home Equity Line of Credit or Home Equity Loan is closed within the first 24 months. Special HELOC rates assume a minimum line of $30,000 and an initial advance of $15,000 and the balance stays above $10,000 for the first 6 months.
+Annual Percentage Yield is the same as APR if no other services are included.
