Rates
Loan Rates
Effective February 3, 2010
Lending Rate Disclosure
Rates disclosed in italics are Performance Plus rates. Your rate on these products may vary and will be determined by the number of years your loan is financed plus your credit history. Rates are set by the Board of Directors and are subject to change.
Save 25 BPS with Checking1
Receive a 25 BPS discount (0.25%) for having or opening a Penn State Federal checking account with direct deposit to that account. Discounts do not apply on mortgages.
Save 25 BPS with Autopay1
Receive a 25 BPS discount (0.25%) when automatic payments are made from a Penn State Federal account. Discounts do not apply on mortgages.
New Vehicle/Motorcycle (2009 and newer) 1,2 |
|
| 12-24 mo. | 5.50% - 15.00% APR |
| 25-60 mo. | 6.00% - 15.50% APR |
| 61-72 mo. | 6.50% - 16.00% APR |
Used Vehicle/Motorcycle (2006 - 2009)1,2,3 |
|
| 12-24 mo. | 5.50% - 15.00% APR |
| 25-60 mo. | 6.00% - 15.50% APR |
| 61-72 mo. | 6.50% - 16.00% APR |
Used Vehicle/Motorcycle (2005 & older)1,2,3 |
|
| 12-24 mo. | 6.50% - 16.00% APR |
| 25-48 mo. | 7.75% - 17.25% APR |
New Recreational Vehicle1,2 |
|
| 12-36 mo. | 7.75% - 17.25% APR |
| 37-60 mo. | 8.00% - 17.50% APR |
| 61-84 mo. | 8.50% - 18.00% APR |
| 85-120 mo. | 9.00% - 18.00% APR |
Used Recreational Vehicle1,2,3 |
|
| 12-36 mo. | 8.75% - 18.00% APR |
| 37-60 mo. | 9.00% - 18.00% APR |
| 61-84 mo. | 9.50% - 18.00% APR |
| 85-120 mo. | 10.00% - 18.00% APR |
Mortgages |
|
Call (814) 863-0549 or mortgages@pennstatefederal.com |
|
Home Equity1.5 |
|
| 12-60 mo. | 5.50% - 15.00% APR |
| 61-84 mo. | 6.25% - 15.75% APR |
| 85-120 mo. | 6.50% - 16.00% APR |
| 121-180 mo. | 7.75% - 17.25% APR |
First Lien Home Equity1,5 |
|
| 61-120 mo. | 6.00% - 15.50% APR |
| 121-180 mo. | 7.25% - 16.75% APR |
Home Equity Credit Line4,5Based on 180 mo. - 4.25% variable APR Home Equity Visa™ Platinum Credit CardBased on 180 mo. - 7.90% - 10.90% APR Regular Share Secured12-60 mo. - 5.25% APR CD Secured (No minimum)CD term @ 2.25% + CD APR* |
|
Installment1,2 |
|
| 1-12 mo. | 7.50% - 17.00% APR |
| 13-24 mo. | 9.00% - 18.00% APR |
| 25-36 mo. | 10.00% - 18.00% APR |
| 37-48 mo. | 11.00% - 18.00% APR |
| 49-60 mo. | 12.00% - 18.00% APR |
Access Credit Line4
Based on 60 mo. - 5.75% variable APR
Platinum Visa Rewards Credit Card
8.90% - 17.90% APR
Share Secured Visa Platinum Rewards Credit Card
14.4% - 17.90% APR
Additional Resources
Payment Calculator
1 - A 25 BPS discount (subtract 0.25%) for having or opening a Penn State Federal checking account with direct deposit to that account. A 25 BPS discount (subtract 0.25%) will apply when automatic payments are made from a Penn State Federal account. (BPS=basis points are one one-hundredth of a percent)
2 - Loans used to refinance a current Penn State Federal loan add 50 BPS (add 0.50%) unless an additional $1,000 is borrowed.
3 - Loan term is dependent on age and NADA value.
4 - Interest rate is variable.
5 - $3,000 additional money or $300 fee to refinance a current Penn State Federal Home Equity loan.
*APR denotes Annual Percentage Rate.
Although this site is intended to be accurate, rate listings are for informational purposes only. All rates are subject to change without notice. Please contact Penn State Federal for a rate quote. See Rate & Fee Schedule for account details.
Penn State Federal is an Equal Housing Lender - We do business in accordance with federal fair housing law and the Equal Credit Opportunity Act.
* BPS = basis points are one one-hundredth of a percent.
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