Loan Rates
Roanoke Virginia Firemen Federal Credit Union
Effective 10/01/2011 and subject to change. Call the CU for the most current rates.
Loan Rates
- Rates are for NEW loans. Member must borrow additional $2,000 to obtain a lower rate. Minimum Loan is $300.
- Loan rates are expressed as Annual Percentage Rate with member using Direct or Automatic Payment.
- Non-Automatic Payment is .25% higher. Payments are BW (bi-weekly) 26/Year or M (monthly) 12/Year.
| 100% Shared Secured | ||
| Payment per $1,000 | ||
| Max of 5 years 4.50% as of 10/01/2011 | Bi-Weekly $8.60 | Monthly $18.64 |
| New Vehicles | |||||
| Payment per $1,000 | |||||
| Month | Term | ACH | A.P.R. | Bi-Weekly | Monthly |
| 36 | 3 Years or less | 78 | 4.75% | $13.77 | $29.86 |
| 48 | 4 Years | 104 | 4.75% | $10.57 | $22.92 |
| 60 | 5 Years | 130 | 5.50% | $8.81 | $19.10 |
| 72 | 6 Years | 156 | 5.75% | $7.59 | $16.46 |
| 84* | 7 Years* | 182* | 6.00%* | $6.74* | $14.61* |
* for loans > $35,000
| Used Vehicles | |
| Amount Burrowed | Maximum Term |
| < $5,000 | Up to 3 Years |
| $5,000.01 - 10,000.00 | Up to 4 Years |
| $10,000.01 - 25,000.00 | Up to 5Years |
| > $25,000.01 | Up to 6 Years |
| Payment Per $1,000 | > $25,000.00 | ||||||||||||
| 1 Year | 2 Years | 3 Years | 4 Years | 5 Years | 6 Years | ||||||||
| Year Model | A.P.R. | BW | M | BW | M | BW | M | BW | M | BW | M | BW | M |
| 2010-2011 | 4.75% | $39.42 | $85.49 | $20.18 | $43.76 | $13.77 | $29.86 | $10.57 | $22.92 | N/A | N/A | N/A | N/A |
| 2010-2011 | 6.50% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $9.02 | $19.57 | $7.75 | $19.57 |
| 2009 | 4.75% | $39.42 | $85.49 | $20.18 | $43.76 | $13.77 | $29.86 | $10.57 | $22.92 | N/A | N/A | N/A | N/A |
| 2009 | 7.00% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $9.13 | $19.80 | $7.86 | $19.80 |
| 2008 | 6.75% | $39.82 | $86.41 | $20.58 | $44.66 | $14.18 | $30.76 | $10.98 | $23.83 | N/A | N/A | N/A | N/A |
| 2008 | 7.25% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $9.18 | $19.92 | N/A | N/A |
| 2007 | 7.00% | $39.88 | $86.53 | $20.63 | $44.77 | $14.23 | $30.88 | $11.04 | $23.95 | N/A | N/A | N/A | N/A |
| 2007 | 7.50% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $9.24 | $20.04 | N/A | N/A |
| 2006 | 7.25% | $39.93 | $86.64 | $20.69 | $44.89 | $14.28 | $30.99 | $11.09 | $24.06 | N/A | N/A | N/A | N/A |
| 2006 | 7.75% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $9.29 | $20.16 | N/A | N/A |
| 2005 and Older | 7.50% | $39.98 | $86.76 | $20.74 | $45.00 | $14.34 | $31.11 | $11.14 | $24.18 | N/A | N/A | N/A | N/A |
| 2005 and Older | 8.00% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $9.34 | $20.28 | N/A | N/A |
| Personal Loans | |||||||||
| Payment per $1,000 | |||||||||
| Up to 1 Year | 1 Yr. & 1 Day - 2 Years | 2 Yrs. & 1 Day - 3 Years | |||||||
| Amount | A.P.R | BW | M | A.P.R. | BW | M | A.P.R | BW | M |
| $300.00 -2,500.00 | 7.00% | $39.88 | $86.53 | 8.00% | $20.84 | $45.23 | 9.25% | $14.70 | $31.92 |
| $2,500.01 - 5,000.00 | 7.25% | $39.93 | $86.64 | 8.25% | $20.89 | $45.34 | 9.50% | $14.76 | $32.03 |
| $5,000.01 - 7,500.00 | 7.75% | $40.03 | $86.87 | 8.75% | $20.99 | $45.57 | 10.00% | $14.86 | $32.27 |
| $7,500.01 - 10,000.00 | 9.75% | $40.44 | $87.80 | 10.75% | $21.41 | $46.49 | 12.00% | $15.30 | $33.21 |
| 30, 60, & 90 Day, Single Payment Notes | |
| 30 Day Note | Same Rate as Applicable Collateral |
| 60 Day Note | Applicable Collateral Rate + 1.00% |
| 90 Day Note | Applicable Collateral Rate + 2.00% |
Payments Based on Maximum Term Allowed and Rounded Up to Nearest Whole Dollar.
| 2nd Mortgage Loans | |||
| ***NOT BEING OFFERED AT THIS TIME*** | |||
| % of Equity Used | Interest Rate | Loan Term | Cost per $1,000 at 10 Year Term |
| 80% Loan | 8.00% | Up to 10 Years | $13.00 |
| 85% Loan | 9.00% | Up to 10 Years | $13.00 |
| 90% Loan | 10.00% | Up to 10 Years | $14.00 |
| We Do Business in Accordance with the Federal Housing Loan and the Equal Credit Opportunity Act. We are an Equal Opportunity Lender. | |||
| Promotional Loans | ||||||
| ***NOT BEING OFFERED AT THIS TIME*** | Payment per $1,000.00 | |||||
| Bi-Weekly | Monthly | |||||
| Computer Loans | $3,000.00 | 1 Year Term | Non-Refundable | 6.50% | $40.00 | $87.00 |
| Holiday Special Loans | $2,500.00 | 1 Year Term | Non-Refundable | 7.00% | $40.00 | $87.00 |
| Vacation Loans | $2,500.00 | 1 Year Term | Non-Refundable | 6.75% | $40.00 | $87.00 |
