Loan Rates 2017-06-30T20:16:11+00:00

Loan Rates

Rate NameDescriptionAPR1

Personal Loans

InFirst Line of CreditVariable rate. Rate adjusted quarterly.Prime2 + 4%
to
Prime + 10%
Personal Loan
Payment Per $1,000 Borrowed
Rates effective 04/01/2018.

Payment examples:
12 months: $1,000 at 6.99% = $86.55
12 months: $1,000 at 17.75% = $91.61
24 months: $1,000 at 6.99% = $44.79
36 months: $1,000 at 8.49% = $31.58
48 months: $1,000 at 8.49% = $24.66
48 months: $1,000 at 17.00% = $28.89
60 months: $1,000 at 9.99% = $21.26
60 months: $1,000 at 13.00% = $22.78


6.99%
to
17.75%
Minimum loan amount of $1,000; maximum term is 12 months. For a loan amount of $10,000, the maximum term is 36 months. For a loan amount of $15,000, maximum term is 48 months. For a loan amount of $20,000, the maximum term is 60 months.Payments per $1,000 are based on a sample loan balance at the rate and term shown. Existing InFirst FCU personal loans cannot be refinanced at the rates and terms shown unless you are financing an additional amount of $1,000 or more. The APR (Annual Percentage Rate) listed is the lowest available rate for the term. Rates, terms, and conditions are subject to change and vary based on creditworthiness, income, and other qualifications. Rates range from 6.99% to 17.75% based on the term and credit score. Subject to credit approval.
Share Secured LoanVariable rate. Current share rate plus 3%. Must maintain secured shares equal to loan balance.
Rates effective 04/01/2018.

Maximum term varies by amount borrowed. Not all members will qualify.



3.10%

Vehicle Loans

New Auto Loans100% financing for qualified borrowers. Purchase price is the actual price of the vehicle plus credit union purchased GAP insurance, tags, taxes, processing fees; does not include service contracts.
New Auto Loans up to
36 months
Rates based on credit worthiness and term. Not to be combined with any other offer.
Payment examples:
36 months: $20,000 at 1.99% = $605.39
36 months: $20,000 at 17.80% = $758.31
Rates effective 04/01/2018.
1.99%*
to
17.80%
New Auto Loans - 37 months to 48 monthsRates based on credit worthiness. Not to be combined with any other offer.
Payment examples:
37 months: $20,000 at 2.09% = $591.28
48 months: $20,000 at 6.00% = $504.15
Rates effective 04/01/2018.
2.09%*
to
6.00%
New Auto Loans - 49 months to 60 monthsRates based on credit worthiness. Not to be combined with any other offer.
Payment examples:
49 months: $15,000 at 2.35% = $346.08
60 months: $15,000 at 6.00% = $316.34
Rates effective 04/01/2018.
2.35%*
to
6.00%
New Auto Loans - 61 to 72 monthsRates based on credit worthiness. For 72 month financing, vehicle price must be over $20,000.
Payment examples:
61 months: $20,000 at 2.60% = $383.79
72 months: $20,001 at 7.00% = $377.42
Rates effective 04/01/2018.
2.60%*
to
7.00%
New Auto Loans - 73 - 84 monthsRates based on credit worthiness. For 73 - 84 month financing, vehicle price must be over $30,000.
Payment examples:
73 months: $25,000 at 3.60% = $424.86
84 months: $25,000 at 7.25% = $427.18
Rates effective 04/01/2018.
3.60%*
to
7.25%
New & Used BoatsBoat rates up to 240 months. Available to residents in VA, MD and DC.
Rates based on credit worthiness.
Payment examples:
96 months: $24,000 at 4.99% = $303.78
240 months: $110,000 at 6.99% = $852.53
Rates effective 04/01/2018.
4.99%
to
6.99%
New RVsRV rates up to 180 months. Available to residents in VA, MD and DC.
Rates based on credit worthiness.
Payment examples:
72 months: $24,000 at 5.49% = $392.06
180 months: $101,000 at 6.24% = $865.72
Rates effective 04/01/2018.
5.49%
to
6.24%
Used Auto Loans100% financing for qualified borrowers. Purchase price is the actual price of the vehicle plus credit union purchased GAP insurance, tags, taxes, processing fees; does not include service contracts.
Used Auto Loans up to 36 months Rates based on credit worthiness. Not to be combined with any other offer.
Payment examples:
36 months: $10,000 at 2.09% =$303.15
36 months: $10,000 at 17.80% = $360.60
Rates effective 04/01/2018.
2.09%*
to
17.80%
Used Auto Loans - 37 to 48 months Rates based on credit worthiness. Not to be combined with any other offer.
Payment examples:
37 months: $10,000 at 2.25% = $296.37
48 months: $10,000 at 5.99% = $252.03
Rates effective 04/01/2018.
2.25%*
to
5.99%
Used Auto Loans - 49 to 60 months Rates based on credit worthiness. Not to be combined with any other offer.
Payment examples:
49 months: $15,000 at 2.60% = $347.81
60 months: $15,000 at 7.25% = $325.61
Rates effective 04/01/2018.
2.60%*
to
7.25%
Used Auto Loans - 61 to 72 months Rates based on credit worthiness. For 72 month financing, vehicle price must be over $20,000.
Payment examples:
61 months: $10,000 at 2.85% = $193.07
72 months: $25,000 at 8.50% = $491.13
Rates effective 04/01/2018.
2.85%*
to
8.50%
Used Auto Loans - 73 to 84 months Rates based on credit worthiness. For 73 - 84 month financing, vehicle price must be over $30,000.
Payment examples:
73 months: $31,000 at 4.10% = $534.36
84 months: $31,000 at 8.25% = $546.14
Rates effective 04/01/2018.
4.10%*
to
8.25%
Used RVs RV rates up to 180 months. Available to residents in VA, MD and DC.
Rates based on credit worthiness.
Payment examples:
72 months: $24,000 at 5.99% = $397.70
180 months: $101,000 at 6.99% = $907.56
Rates effective 04/01/2018.
5.99%
to
6.99%
New or Used ATVs, UTV, Personal Watercraft and Off-Road VehiclesFinanced up to 60 months.
Rates based on credit worthiness.
Payment examples:
36 months: $8,000 at 6.99% = $246.96
60 months: $15,001 at 10.50% = $322.51
Rates effective 04/01/2018.
6.99%
to
10.50%
*This rate includes a 0.40% discount if the member has a checking account with InFirst Federal Credit Union with direct deposit and the loan is set up for automatic payments. This rate also includes a 0.25% discount for using TRUECar buying service and a .25% discount for 80% or less of maximum LTV – MSRP for new autos and NADA Retail Adjusted Clean for used vehicles. At no time can the discounted loan rate be lower than the Credit Union’s designated floor rate.
Account terms and conditions 1 Annual Percentage Rate. Rates are determined by individual credit worthiness. Rates and terms subject to change without notice. Other terms and conditions may apply.
2 Index as published in The Wall Street Journal. Rates may adjust quarterly, on the first business day of January, April, July and October. The index as of 10 days preceding the beginning of the quarter will be used. The rate of APR will never be less than 7.00% or greater than the maximum rate allowed by law.