Aberdeen Federal Credit Union

Loan Rates

Secured Loans

Payment Schedule - at 4.00% APR, 60 monthly payments of $18.42 per $1000.00 borrowed. All Secured Loans have a maximum term of 84 months.

Effective as of 1/1/12

 

Excellent

Great

Good

Average

Fair

Poor

APR

4.00%4.50%6.50%9.50%12.50%15.00%

 

Real Estate Loans

Payment Schedule - at 7.25% APR, 360 monthly payments of $6.82 per $1000.00 borrowed. All Real Estate Loans have a 30 year amortization.

Effective as of 1/1/12

 

Excellent

Great

Good

Average

Fair

Poor

APR

7.25%7.75%9.25%11.75%14.50%16.25%

 

Home Loans

Effective as of 1/1/12

SDHDA

4.125%

Conventional (15 year)

3.375%

Conventional (30 year)

4.125%

FHA

3.875%

Rural Development

3.875%

VA

3.875%

 

Unsecured Loans

Payment Schedule - at 12.25% APR, 48 monthly payments of $26.46 per $1000.00 borrowed. All Unsecured Loans have a maximum term of 48 months.

Effective as of 1/1/12

 

Excellent

Great

Good

Average

Fair

Poor

APR

12.25%12.75%14.25%15.50%16.5017.50%

 

Business Loans

For commercial real estate loans subtract 0.50% from the rates listed below.

Effective as of 1/1/12

 

Great

Good

Average

Fair

Poor

Current Rate

7.00%8.00%9.00%10.50%12.75%

 

Rates and terms are subject to change without notice. Rates quoted with 1% origination fee for a 60-day lock. Interest rates assume credit history in good standing. All loan applications subject to credit and property approval. Flood and/or property hazard insurance may be required. Additional fees and closing costs apply. Assumes no subordinate financing. Maximum loan limits and minimum equity/down payment requirements apply. Other restrictions may apply.