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Loan Rates

Last updated March 17, 2017

**A $10.00 Loan Fee is charged on each consumer loan processed (charged at the time the loan is disbursed) ~ Effective March 14, 2016**

 

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GAP INSURANCE AVAILABLE!
Click here for more details!

Set your secured loan up on automatic payments
and receive 0.25% off your rate.
 
 
Rates shown are with discount; real estate loans not eligible for discount.   

All Auto Loans
Effective Date: Tuesday, November 21st, 2017
TypeAPR* as low asTermAmount

Brand New (Untitled) Vehicles

     
  4.450% 84 Months $35,000.00 and Over
  3.450% 72 Months $20,000.00 and Over
  3.250% 60 Months  
  3.000% 48 Months  

2013 - 2017

     
  4.450% 84 Months $35,000.00 and Over
  3.450% 72 Months $20,000.00 and Over
  3.250% 60 Months  
  3.000% 48 Months  

2008 - 2012

     
  4.250% 60 Months  
  4.000% 48 Months  
  3.750% 36 Months  

2007 & Older

     
  5.000% 48 Months  
  4.750% 36 Months  
Payment example: $20,000 with zero down for 60 months at 3.25% equals $361.62.

Motor Homes, Travel Trailers, Campers, Boats
Effective Date: Tuesday, November 21st, 2017
YearAmountAPR* as low asTerm
2012-2017      
  Up to $5,000 3.750% 48 Months
  $5,000 to $10,000 4.000% 60 Months
  $10,000 and over 4.250% 120 Months/3 yr balloon
2011 and Older      
  Up to $5,000 4.000% 48 Months
  $5,000 to $10,000 4.250% 60 Months
  $10,000 and over 4.500% 120 Months/3 yr balloon
Payment example: $10,000 with zero down for 60 months at 4.25% equals $185.33

Other Vehicles
Effective Date: Tuesday, November 21st, 2017
Recreational Vehicles, ATV's, Side by Sides, Motorcycles, Golf Carts, Snowmobiles, Jet Skis, Riding Mowers/Tractors
YearAPR* as low asTermAmount
2012 - 2017      
  4.500% 60 Months $10,000.00 and Over
  4.250% 48 Months  
2011 and Older      
  5.250% 48 Months  
Payment example: $10,000 with zero down for 60 months at 4.50% equals $186.46

Large Equipment
Effective Date: Tuesday, November 21st, 2017
TypeAPR* as low asTerm
New 4.750% 60 Months
Used 5.250% 48 Months
Payment example: $10,000 with zero down for 48 months at 5.25% equals $231.47

Unsecured
Effective Date: Tuesday, November 21st, 2017
AmountAPR* as low asTerm
$7,500.00 Max 9.000% 36 Months
  10.000%

48 Months

  11.000%

60 Months
$5,000.00 And Over

Payment example: $5,000 with zero down for 36 months at 9% equals $159.04

Notes
Effective Date: Tuesday, November 21st, 2017
Notes must be paid off within 90 days; otherwise, they may be subject to Note Refinance rates below. Unsecured maximum is $7,500.
NameAPR* as low asTerm
Note 15.000% 90 Days
Note Refinance 15.000% 36 Months Maximum
Note Payment Example: $5,000 with zero down for 90 days at 15% equals a lump sum payment of $5,189.04.
Note Refinance Payment Example: $5,000 for 36 months at 15% equals $173.40.
Note interest is due before refinancing.

Share Pledge
Effective Date: Tuesday, November 21st, 2017
APR* as low asTerm
3.000% Up to 60 Months
36 Month Balloon
Payment example: $5,000 for 36 months at 3.0% equals $145.42

Credit Cards - Platinum
Earn Rewards!
Rate
12.90% APR Click here for Cardholder Agreement, Disclosures, and Rate Information.

Fixed Rate Home Equity
Effective Date: Tuesday, November 21st, 2017
The information below assumes a loan amount of $50,000 and no discount points paid. Baraga County Federal Credit Union will loan up to 80% of the home value minus applicable first mortgages. Assumptions also include the borrower is the existing owner with no changes in title required & the property is the primary residence. The home is a Single Family Detached located in Baraga, Houghton, Ontonagon, or Marquette County, Michigan. There is no escrow for taxes and insurance; your housing obligation may be higher. Rate lock period is 45 days. All loans require credit approval.
TermRateAPRMonthly Payment
60 Months 4.50% 4.597% $932
84 Months 4.75% 4.821% $701
120 Months 4.95% 5.001% $529
Fees may apply.
Call us at (906) 524-6151 or email us at mortgages@baragafcu.com today!

*Fixed APR's (Annual Percentage Rates) do not include processing fee. APR's may vary due to loan amount and term.
*Rates and terms are subject to change without notice. All loan applications are subject to credit approval with parameters as stated in the loan policies.

 

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Equal Housing LenderNational Credit Union Administration
NCUA - Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government agency. Equal Housing Lender - We do business in accordance with the Fair Housing Law and Equal Opportunity Credit Act