Related Links

Loan Rates

Last updated April 28, 2016

 

 

EFFECTIVE MARCH 14, 2016
A $10 LOAN FEE WILL BE
CHARGED ON EACH CONSUMER LOAN PROCESSED

(Charged at the time the loan is disbursed)

 

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.   

 

 

 

GAP INSURANCE AVAILABLE!
Click here for more details!

All Auto Loans
Effective Date: As of October 29, 2015
TypeAPR* as low asTermAmount

Brand New (Untitled) Vehicles

     
  4.700% 84 Months $35,000.00 and Over
  3.700% 72 Months $20,000.00 and Over
  3.500% 60 Months  
  3.250% 48 Months  

2012 - 2016

     
  4.700% 84 Months $35,000.00 and Over
  3.700% 72 Months $20,000.00 and Over
  3.500% 60 Months  
  3.250% 48 Months  

2007 - 2011

     
  4.500% 60 Months  
  4.250% 48 Months  
  4.000% 36 Months  

2006 & Older

     
  5.250% 48 Months  
  5.000% 36 Months  
Payment example: $20,000 with zero down for 60 months at 3.50% equals $363.88.

Motor Homes, Travel Trailers, Campers, Boats
Effective Date: As of October 29, 2015
YearAmountAPR* as low asTerm
2011-2016      
  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
2010 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: As of October 29, 2015
Recreational Vehicles, ATV's, Side by Sides, Motorcycles, Golf Carts, Snowmobiles, Jet Skis, Riding Mowers/Tractors
YearAPR* as low asTermAmount
2016 - 2011      
  4.500% 60 Months $10,000.00 and Over
  4.250% 48 Months  
2010 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: As of October 29, 2015
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: As of October 29, 2015
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: As of October 29, 2015
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: As of October 29, 2015
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: July 16, 2015
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.

 

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