Rates

Penalty for early withdrawal. Dividends compounded and paid quarterly.

¹ If child's age is 8, then (3.73% + 0.80%) Rate = 4.53%. If child's age is 15, then (3.73% + 1.50%) Rate = 5.23%

$20,000 maximum per youth. Dividends compounded and paid quarterly.
Penalty for early withdrawal. 

Penalty for early withdrawal. Dividends compounded and paid quarterly.

¹The stated rate and corresponding APR assumes borrower with excellent credit score (760+), borrowing less than 90% Loan-to-Value (LTV) on a vehicle no more than 4 years old with less than 100,000 miles. Interest rates are generally higher for older model cars.

The example APR and Payment Amount are based on a loan amount of $25,000, for the maximum stated term available, and 30 days to first payment.

Actual loan rate will be determined by your actual LTV, credit score, model year and vehicle miles. Not all terms are available for all models or all borrowers. Rates are subject to change without further notice.

¹ APR based loan amount of $50,000, rate of 6.24% and 240 monthly payments of $365.38

² APR based loan amount of $25,000, rate of 6.49% and 180 monthly payments of $217.76

The actual loan rate will be based on several factors including, but not limited to, loan-to-value, credit score, requested term and model year. Other terms and model years may be available. Please call for options. Rates subject to change without notice.

The Home Equity Line of Credit Annual Percentage Rate (APR) is variable and is based on the highest Prime Rate published each day in The Wall Street Journal Money Rates Table (the "Index"), plus a margin. Advertised rate is based on Prime Rate as of 02/02/23 and subject to change. The minimum line of credit amount is $15,000. Minimum APR is 0%. Maximum APR (Lifetime Rate Cap) will be 18%. Your APR will be based on the specific characteristics of your credit transaction, including evaluation of credit history, CLTV, property type, amount of credit, term, and geographic location. There is a $60 annual fee. The early termination fee will be $350 if terminated within the first 36 months. No closing costs for closed loans that meet Firelands FCU criteria. Applicant will owe any costs for loans that do not close. These costs may vary based on the stage of the application. This account has a Draw Period of 10 years, after which you will be required to repay any amounts within a 10-year Repayment Period, depending upon your account balance. Hazard and, if applicable, flood insurance required. New Firelands Federal Credit Union Home Equity Accounts are subject to credit qualification, income verification, and collateral evaluation. Additional restrictions, limitations and exclusions may apply. Terms and conditions subject to change without notice.

APR based on loan amount of $2,000, rate of 28% and 12 monthly payments of $190.61. $20 application fee.

¹ $36 annual fee