Security
Enrollment Form
 
 

Loan Rates

The following loan rates are stated as an Annual Percentage Rate (APR) and applied as simple interest on the unpaid balance. The following rate tables were last updated on August 1, 2015 and are subject to change without notice.

Loan Type
Period
Fixed Rate (Up To 100%)
Variable Rate**
New Vehicles
2014's & 2015's
Rate As Low As
36 Months
1.99% APR*
1.59% APR
48 Months
2.49% APR*
1.59% APR
60 Months
2.49% APR*
1.59% APR
72 Months
2.79% APR*
1.79% APR
Up To 84 Months
3.29% APR*
1.79% APR
** Variable Rate Loans Must Be Greater Than $7500.00 In New Money.
*APR Is The Annual Percentage Rate.
Payment Example: 60 month term vehicle loan for $20,000.00 at a fixed rate of 2.49% would result in a monthly payment of $354.86.


Loan Type
Period
Up To 100% Retail
Variable Rate**
Used Vehicles
Cars & Trucks
Rate As Low As
36 Months
2.79% APR*
1.99% APR
48 Months
2.79% APR*
1.99% APR
60 Months
2.79% APR*
1.99% APR
72 Months
3.09% APR*
2.19% APR
Up To 84 Months
3.59% APR*
2.19% APR
** Variable Rate Loans Must Be Greater Than $7500.00 In New Money.
*APR Is The Annual Percentage Rate.


Loan Type
Variable
Margin
Current Index
Beacon Score
Home Equity Lines Of Credit
NO DISCOUNTS
NO ANNUAL FEE
Index: 11th District Cost of Funds
Maximum Ceiling
Rate 6% above floor
Premier: 4.50% (floor)
3.50%
0.663%
740 and higher
Preferred: 5.50% (floor)
3.50%
0.663%
700 - 739
Homeowner Plus: 6.50% (floor)
3.50%
0.663%
630 - 699
Homeowner: 7.25% (floor)
3.50%
0.663%
Less than 630
*APR Is The Annual Percentage Rate.
**Rates may vary after account opened


Loan Type
Period
Rate
Closing Costs
Real Estate Balloon Loans
Held In-House At 1st Gateway Credit Union
6 Year Balloon
3.95% APR*
$1000 - $1500
8 Year Balloon
4.20% APR*
$1000 - $1500
10 Year Balloon
4.60% APR*
$1000 - $1500
10 Year Loan with 10 Year Amortization
3.60% APR*
$1000 - $1500
*APR Is The Annual Percentage Rate.
 
The APR you receive will be based upon credit worthiness criteria. 
Rates, terms, and conditions subject to change without notice. 
Loan subject to credit approval. 
   
This credit union is federally insured by the National Credit Union Administration.
Additional insurance available through ESI.
Privacy    Terms   Patriot Act