Loan rates

*APR is the Annual Percentage Rate. Rates listed are effective as of May 3, 2023. Rates listed are the lowest possible rates and, except for savings secured and credit builder loans, require automatic payments (without auto pay the APR will be 0.25% higher). Rates may be higher based on a number of factors such as credit history, loan to value, collateral, term length, etc. Rates, terms and conditions may change at any time.

**APR is 3% above the rate on the deposit product securing the loan.

***APR is the Annual Percentage Rate. Rate listed is effective May 3, 2023 and is subject to change. To obtain a personal line of credit borrowers must have a personal checking account with MCCU and enroll in autopay for the line of credit.

All loan products are subject to loan approval. MCCU membership required.

(1) Example terms of repayment: 36-month loan at 5.34% APR and a loan to value of 80%, would result in a monthly payment of $30.12 per $1000 borrowed.
(2) Example terms of repayment: 60-month loan at 5.44% APR and a loan to value of 80%, would result in a monthly payment of $19.07 per $1000 borrowed.
(3) Example terms of repayment: 48-month loan at 5.74% APR and a loan to value of 100%, would result in a monthly payment of $23.37 per $1000 borrowed.
(4) Example terms of repayment: 48-month loan at 7.44% APR and a loan to value of 100%, would result in a monthly payment of $24.15 per $1000 borrowed.
(5) Example terms of repayment: 60-month term at 6.24% APR and a loan to value of 100%, would result in a monthly payment of $19.44 per $1000 borrowed.
(6) Example terms of repayment: 60-month term at 7.24% APR and a loan to value of 100%, would result in a monthly payment of $19.91 per $1000 borrowed.
(7) Example terms of repayment: 36-month term 10.24% APR would result in a monthly payment of $32.38 per $1000 borrowed
(8) Rate is the lowest rate possible and assumes a 12-month certificate with a minimum balance of $600 secures the loan.
(9) Rate is the lowest rate possible and assumes a 12-month certificate with a minimum balance of $1,000 secures the loan.