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Use our Loan Calculator to find out how much you can afford to borrow.
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Credit Union Specials*
(Effective: October 1, 2011)
|
Program
|
Term
| Max.
Balance
| APR
| Monthly Payments
per $1000 borrowed
|
EZ Loan
| (Max unsecured credit with FMEFCU $15,000
Rates are based on a 680 or better credit score.
Debt ratio's and other unsecured credit will be considered) |
|
12 months
| $25,000.00
| 5.900%
| $86.02
| 24 months
| $25,000.00
| 6.900%
| $44.74
| 36 months
| $25,000.00
| 7.900%
| $31.30
| 48 months
| $25,000.00
| 8.900%
| $24.84
| 60 months
| $25,000.00
| 9.900%
| $21.20
|
|
Mass Save Heat Loan
| (Subject to energy audit performed by Electric Company. 7 years at 0% Annual Percentage Rate (APR) for energy home improvements only. Work must be completed by a licensed contractor. Max loan is $15,000. Requires membership in
Fitchburg Federal Credit Union. Min Deposit of $25.00
Based on a 680 or above credit score and subject to
total amount of unsecured debt plus the MassSave Loan) |
|
84 months
| $15,000.00
|
| $11.95
|
|
*Annual Percentage Rate (APR) subject to change. Amount and term subject to availability. Rate, term and amount are available to qualified borrowers only. Credit score, length of employment, and ability to pay are used for qualification.
Rates quoted are the lowest rate available.
|
Fixed-Rate Home Equity Loan*
(Effective: April 22, 2011)
|
Program
|
Term
| Max.
Balance
| Interest Rate
| APR
| Monthly Payments
per $1000 borrowed
| Maximum
LTV
|
Fixed Rate Home Equity Loans
|
5 years
| $100,000.00
|
| 4.750%
| $18.76
| 80%
| 10 years
| $100,000.00
|
| 5.250%
| $10.73
| 80%
| |
|
15 Year Fixed Home Equity
|
180 months
|
| 5.875%
|
| $8.37
| 80%
|
|
*Annual Percentage Rate (APR) are for owner-occupied primary residences. Homeowners insurance required. Offer may be withdrawn without notice. Fitchburg Credit Union membership is required. Closing costs may be waived. We will take a security interest in any property. Rates are the lowest available and depend on credit
|
Home Equity Lines of Credit*
(Effective: October 1, 2011)
|
Program
|
Max.
Balance
| APR
| Maximum
LTV
|
Lifetime of Equity - 40-Year Home Equity Line of Credit
|
$100,000.00
| 5.000%
| 75%
|
|
*Annual Percentage Rate (APR) subject to change and is variable monthly and is set on the first of each month equal to PRIME RATE, as published in the Wall Street Journal on the last business day of the previous month. Maximum APR is 18%. Minimum APR 5.% Rates are for owner-occupied primary residences. Homeowners insurance required. Offer may be withdrawn without notice. Fitchburg Federal Credit Union membership is required. Closing costs may be waived. Contains a 15-year draw period. Minimum payment $100 or interest, whichever is higher. The Credit Union will take a security interest in any property. Rates are the lowest available and depend on credit.
Floor of 5.00%
|
New & Used Auto Loans*
(Effective: October 1, 2011)
|
Program
|
Term
| APR
| Monthly Payments
per $1000 borrowed
|
Hybrid Auto Loan
| (2006 model year hybrids or newer.
) |
|
24 months
| 4.500%
| $43.66
| 36 months
| 4.500%
| $29.75
| 48 months
| 5.000%
| $23.04
| 60 months
| 5.250%
| $18.99
| 72 months
| 5.750%
| $16.46
| |
|
New and Late Model Autos
| (2006 model year and newer.
Minimum loan amount for 72 month term is $20,000.) |
|
12 months
| 3.950%
| $85.14
| 24 months
| 3.950%
| $43.41
| 36 months
| 3.950%
| $29.51
| 48 months
| 3.950%
| $22.56
| 60 months
| 3.950%
| $18.40
| 72 months
| 6.750%
| $16.94
| 84 months
| 7.750%
| $15.47
| |
|
Used Autos
| (2005 model year and older.
Term based on year and make.
) |
|
48 months
| 7.500%
| $24.19
|
|
*Annual Percentage Rate (APR) subject to change. Credit score, length of employment and ability to pay are used for qualification. Rates quoted are lowest available which
depends on credit history and number of services and products with Fitchburg Federal Credit Union. Membership
in Fitchburg Federal Credit Union mandatory
|
Saver's Loan - Unsecured*
(Effective: October 1, 2011)
|
Program
|
Term
| Max.
Balance
| APR
| Monthly Payments
per $1000 borrowed
|
Saver's Loan
|
1-60 months
| $15,000.00
| 11.250%
| $21.87
|
|
*Annual Percentage Rate (APR) subject to change. Required 10% of payment deposited per month in Secured Share Account. APR does not reflect the required share deposit. Rates are subject to credit history and debt ratio. Rates quoted are lowest available.
|
Signature Loan*
(Effective: October 1, 2011)
|
Program
|
Term
| Max.
Balance
| APR
| Monthly Payments
per $1000 borrowed
|
Signature Loan
|
60 months
| $15,000.00
| 11.250%
| $21.81
|
|
*Annual Percentage Rate (APR) subject to change. Credit score, length of employment and ability to pay are used for qualification. Rates quoted are lowest available which
depends on credit history and number of services and products with Fitchburg Federal Credit Union. Membership
in Fitchburg Federal Credit Union mandatory.
Approval of loan requested based on funds availablity and
credit history. Amount borrowing based on credit score,
length of employment, length of residencey, and ability to
pay.
|
Travel, Trailer and Motor Home Loan*
(Effective: October 1, 2011)
|
Program
|
Term
| APR
| Monthly Payments
per $1000 borrowed
|
Travel, Trailer and Motor Home Loan
|
10 years
| 7.500%
| $11.87
|
|
*Annual Percentage Rate (APR) subject to change.
Rates are available to current members in good standing.
Rates are the lowest available and depends on credit
and number of services and products with Fitchburg Federal
Credit Union. Membership is mandatory
|
Unsecured Loans*
(Effective: April 22, 2011)
|
Program
|
Term
| Minimum Daily Balance
to earn APY | Max.
Balance
| Interest Rate
| APR
| Monthly Payments
per $1000 borrowed
|
MassSAVE HEAT LOANS
| (MEMBERSSHIP REQUIRED. SUBJECT TO CREDIT WORTHINESS,
MEMBERHSIP, AND ABILITY TO PAY.
0% INTEREST AND (BASE ON AMOUNT APPROVED)UP TO 84 MONTHS TO PAY ) |
|
3-84 months
| $0.00
| $15,000.00
|
|
| $11.95
| |
|
Unsecured Line of Credit
| (This is a variable rate based on credit unions cost of funds. No transaction, or activity charges. Line requires a $25 Credit Union share account. Minimum advance $100. Minimum monthly payment of 2% of unpaid balance required. Max APR is 18%. Rewards are not allowed.
) |
|
| $0.00
| $10,000.00
|
| 9.900%
|
|
|
*Annual Percentage Rate (APR) subject to change.
Rates are available to current members in good standing.
Rates are the lowest available and depends on credit
and number of services and products with Fitchburg Federal
Credit Union. Membership is mandatory
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This is Your Credit Union
At Fitchburg Federal, our mission is to meet the financial needs of our members. For more information about our products or services, please use our information request form or give us a call at (978) 342-1827.
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