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Loan Rates

All rates are subject to change and subject to current TCU terms and conditions.

Please select a Loan from the dropdown menu to view detailed rate information.

Auto Loan Rates

Type of Loan Fixed Rate
New 2018 - 2019 Vehicles 5.35% APR
Finance up to 100% for qualified borrowers. APR is Annual Percentage Rate. Effective 11-1-2018 current APR for members is 5.35%. If you borrowed $10,000 for 63 months you would make 62 payments of $182.42 with a final payment of $182.36 with a total finance charge of $1,492.40.
Used Vehicles 2015 - 2019 5.60% APR
Finance up to 100% for qualified borrowers. APR is Annual Percentage Rate. Effective 11-1-2018 current APR for member is 5.60%. If you borrowed $10,000 for 63 Months you would make 62 payments of $183.58 with a final payment of $183.38 with a total finance charge of $1,565.34.
Used Vehicles 2014 5.85% APR
Finance up to 100% for qualified borrowers. APR is Annual Percentage Rate. Effective 11-1-2018 current APR for members is 5.85%. If you borrowed $10,000 for 63 Months you would make 62 payments of $184.74 with a final payment of $184.66 with a total finance charge of $1,638.54.
Used Vehicles 2013 6.00% APR
Finance up to 100% for qualified borrowers. APR is Annual Percentage Rate. Effective 11-1-2018 current APR for members is 6.00%. If you borrowed $10,000 for 63 Months you would make 62 payments of $185.44 with a final payment of $185.28 with a total finance charge of $1,682.56.

Home Equity Loan Rates

Type of Loan Fixed Rate Variable Rate
TCU Home Equity Line of Credit (up to 90% LTV) N/A 4.74% APR
APR is Annual Percentage Rate. Finance up to 90% home value less outstanding mortgage for qualified borrowers. Minimum loan amount $5,000. APR is Annual Percentage Rate. Effective 8/2/2018, current APR for members is 4.74% and subject to change without notice. A Home Equity Line of Credit is a variable-rate product. APR adjusts to an amount equal to the Prime Rate (currently 5.00%, as published in the Wall Street Journal) less 0.260%, with a floor rate at that time of 3.75% (subject to change). Term is 5-year draw period with 8-year repayment. If you make the minimum monthly payment during the term of your loan on or before the due date, the loan will be paid in full after the repayment period ends. Payments are 1% of the outstanding balance during draw period or $50, whichever is greater.

Consult your tax advisor about the deductibility of interest.
TCU Home Equity Loan (up to 90% LTV) 5.552% APR
APR is Annual Percentage Rate. Finance 90% loan to value less outstanding mortgage for qualified borrowers. Minimum loan amount $5,000. APR is Annual Percentage Rate. Effective 8/2/2018, current rate for members is 5.50%, APR is 5.552% and subject to change without notice. The actual interest rate offered is based on your credit history, product, loan term and the percentage of remaining equity in your home. Your APR will vary based on your final loan amount and actual finance charges. Rate and APR quoted above are based on a hypothetical $5,000 borrowed with estimated closing costs of $972. Maximum term is 10 years.

Consult your tax advisor about the deductibility of interest.
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Personal Loan Rates

Type of Loan Fixed Rate Variable Rate
Personal Unsecured Line of Credit N/A 9.25% APR
APR is Annual Percentage Rate. Effective 11-1-2018, current APR for qualified members is 9.25%. The rate may change so as always to be 4.00% above the following index rate: Prime Rate as published in the money section of the Wall Street Journal on the fifth day of the month preceding the change date. The interest rate will change monthly and the Change Date(s) are the first day of every month. If the change date falls on a holiday, the rate will be based on the Prime Rate published the next business day. The annual interest rate in effect will not be more than 18% or less than 4%. Payment is either 3% of the balance at the last advance or $15, whichever is greater.  If you borrowed $1,000 and never took another advance you would make 39 payments of $30 and a final payment of $20.30 with a total finance charge of $160.30.
Unsecured Personal Loan 9.75% APR
APR is Annual Percentage Rate. Effective 11-1-2018, current APR for qualified members is 9.75%. Terms to 36 months for qualified borrowers. Borrow $2,000 at 9.75% APR for 36 months for 35 payments of $32.15 and a final payment of $32.10 with a total finance charge of $157.35.
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© Teachers Credit Union.   New members are subject to a $7 membership fee and $5 initial Share deposit. Any links to external websites are links to alternative sites not operated by TCU. TCU is not responsible for the content of the alternate site. The privacy and security policies of the alternate site may differ from those practiced by TCU. TCU does not represent you or the third party if you enter into a transaction with the third party.

 

 
Federally Insured by NCUA.
Teachers Credit Union, Lender NMLS #686706