Your personalized lending rate will be based upon your personal credit history.
Your rate may be higher. Rates and terms subject to change.
This applies to ALL University Credit Union loans.
Contact University Credit Union at 617-739-7447 for more information.
Rate as of 1/6/2010
Consumer Loans
Product
Term in Months
Our Best Rate (APR*)
Payment per $1,000
Auto Loan (New)
36
3.99%
$29.52
Auto Loan (New)
48
4.25%
$22.69
Auto Loan (New)
60
4.75%
$18.76
Auto Loan (New)
72
5.25%
$16.22
Auto Loan 2003 & 2004 (Used)
up to 60
5.99%
based on term
Auto Loan 2005 - 2008 (Used)
up to 60
4.99%
based on term
Open End Credit Line
none
12.99%
Overdraft Protection
none
17.25%
Personal Loans
up to 72
8.99%
based on term
Share Secured Loan
varies
2.00% above security
based on term
Vacation Loan
12
7.49%
$86.75
Real Estate Loans
Product
Term in Months
Our Best Rate
Payment per $1,000
Fixed Rate Home Equity Loan
60
5.50%
$19.10
Fixed Rate Home Equity Loan
120
6.00%
$11.10
Fixed Rate Home Equity Loan
180
6.25%
$8.57
Fixed Rate Home Equity Loan
240
6.50%
$7.46
Home Equity Line of Credit
10 year draw/10 year payback
2.25%
First Mortgages
Call Marc Sinibaldi, AVP Real Estate Lending, for current rates @ ext. 246.
* APR - Annual Percentage Rate. Rates include automatic repayment methods such as Payroll Deduction or Automatic Payment; otherwise add .50% to interest rate listed.
(a) Longer terms are available for Recreational Vehicle and Boat Loans.
100% financing is available on new automobiles; 100% of the purchase price or book value, whichever is less, for Used Automobiles; and 80% for Motorcycles, Recreational Vehicles and Boats.
New members are eligible for an extra 0.50% rate reduction on their first Consumer Loan if application is received within the first 60 days of membership. Cannot be combined with any other promotion or discount.
** Variable rate based on the Wall Street Journal's Prime Rate Index. As of November 2, 2009, the Prime Rate is 3.25%.
All Home Equity Loans and Lines of Credit have a maximum amount of $125,000 and an 80% Loan-to-Value.
Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United State Government. National Credit Union Administration, a U.S. Government Agency.
Branch:
846 Commonwealth Avenue - Boston, MA 02215
