LOAN RATES

Effective 01/19/2016

New Auto Loan Rates*

Grade 36 Months 48 Months 60 Months 72 Months***
A 2.99% 2.99% 2.99% 2.99%
B 3.99% 3.99% 3.99% 3.99%
C 5.99% 5.99% 5.99% 5.99%
D 8.99% 8.99% 8.99% 8.99%
E 10.99% 10.99% 10.99% 10.99%

Used Auto Loan Rates**

Grade 24 Months 36 Months 48 Months 60 Months
A 3.49% 3.49% 4.24% 4.24%
B 4.49% 4.49% 5.24% 5.24%
C 6.49% 6.49% 7.24% 7.24%
D 9.49% 9.49% 10.24% 10.24%
E 12.99% 12.99% 14.99% 14.99%

Signature / Signature + Collateral Loan Rates

Grade 12 Months 24 Months 36 Months 48 Months 60 Months
A 6.00% 8.00% 10.00% 11.00% 13.00%
B 7.00% 9.00% 11.00% 12.00% 14.00%
C 11.00% 12.00% 13.00% 14.00% 15.00%
D 13.00% 15.00% 17.00% 19.00% 21.00%
E 15.00% 16.00% 18.00% 20.00% 23.00%

Pay Advance Loan Rates

24.00% regardless of grade or length of loan (not to exceed 4 months)

Share Secured Rates

2.00% regardless of score or length of loan (not to exceed 72 months)

Fee Schedule

*Restrictions apply, contact your Credit Union for details

All rates subject to change without notice.

*20% down payment required on new auto loans on the total amount of the loan including Tax, Title and License.

**Credit Union will lend the loan value including Tax, Title and License.

***72 month term is only for loans of $25,000 and over.

All loan rates are subject to review and approval of the Credit Committee. Depending on collateral and credit report, rates could be higher not to exceed 24.0% APR.

The results of this loan payment calculator are for comparison purposes only. They will be a close approximation of actual loan repayments if available at the terms entered, from EMHC Employees Credit Union. This is being provided for you to plan your next loan application. To use, enter values for the Loan Amount, Number of Months for Loan, and the Interest Rate (e.g. 7.25), and click the Calculate button. Clicking the Reset button will clear entered values.

Description Data Entry
Loan Amount
Loan Length in Months
Interest Rate
Monthly Payment

Enter only numeric values (1.2.3.0 etc.) (no commas) use decimal points where needed. Non-numeric values will cause errors.