Penn State Federal Credit Union



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Rates / Loan Rates

Effective March 1, 2017

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.

Vehicle, Motorcycle and Motorhomes (New 2016 & 2017) 1

12-36 mo. 1.99% - 11.49% APR
37-60 mo. 2.50% - 12.00% APR
61-84 mo. 2.99% - 12.49% APR

Vehicle, Motorcycle and Motorhomes (2010 - 2015)1,2

12-36 mo. 1.99% - 11.49% APR
37-60 mo. 2.50% - 12.00% APR
61-72 mo. 4.00% - 13.50% APR

Vehicle, Motorcycle and Motorhomes (2009 & older)1,2

12-36 mo. 2.50% - 12.00% APR
37-60 mo. 2.50% - 12.00% APR

New ATVs/Pull-along Trailers/Campers/Boats & Motorhomes over 72 months1

12-36 mo. 5.00% - 14.50% APR
37-60 mo. 6.00% - 15.50% APR
61-84 mo. 7.00% - 16.50% APR
85-120 mo. 7.00% - 16.50% APR

Used ATVs/Pull-along Trailers/Campers/Boats & Motorhomes over 72 months1,2

12-36 mo. 5.00% - 14.50% APR
37-60 mo. 6.00% - 15.50% APR
61-84 mo. 7.00% - 16.50% APR
85-120 mo. 7.00% - 16.50% APR

Mortgages

Call (814) 863-0549 or mortgages@pennstatefederal.com

Home Equity4

12-60 mo. 3.00% - 12.50% APR
61-84 mo. 4.00% - 13.50% APR
85-120 mo. 4.50% - 14.00% APR
121-180 mo. 5.50% - 15.00%APR

Home Equity Credit Line3,4

Based on 180 mo. - 4.75% variable APR

Regular Share Secured

12-60 mo. - 5.25% APR

Share Certificate Secured (No minimum)

Share Certificate term @ 2.25% + Share Certificate APR*

Installment1

1-12 mo. 5.50% - 15.00% APR
13-24 mo. 5.50% - 15.00% APR
25-36 mo. 5.50% - 15.00% APR
37-48 mo. 7.00% - 16.50% APR
49-60 mo. 9.00% - 18.00% APR

Access Credit Line3

Based on 60 mo. - 6.25% variable APR

Platinum Visa Rewards Credit Card

8.90% - 17.90% APR

Share Secured Visa Platinum Rewards Credit Card

8.90% - 17.90% APR

Additional Resources

Payment Calculator

1 - Loans used to refinance a current Penn State Federal loan add 50 BPS (add 0.50%) unless an additional $1,000 is borrowed.

2 - Loan term is dependent on model year and NADA value.

3 - Interest rate is variable.

4 - $5,000 additional money or $500 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.

Installment Loan Payment Examples
The payment amount for an installment loan of $1,000 for 36 months at 5.00% APR* is $29.98. 37 - 48 month loan rates range from 7% - 16.50% APR*. The payment for an installment loan of $1000 at 7% APR* for 48 months is $23.96. 49 - 60 month loan rates range from 9% - 18% APR*. The payment for a 60-month installment loan at 9% APR* is $20.77 per $1000.

Auto Loan Payment Examples
A 12-month loan at 1.99% APR* would have monthly payments of $84.23 per $1,000 borrowed. A 60-month loan at 2.50% APR* would have monthly payments of $17.75 per $1,000 borrowed. Valid on vehicles 2009 and newer with terms up to 60 months. A 72-month loan at 4.00% APR* would have monthly payments of $15.65 per $1,000 borrowed.

Home Equity Loan Payment Examples
A 60 month loan at 3.00% APR* would have monthly payments of $17.97 per $1,000 borrowed. An 84 month loan at 4.00% APR* would have monthly payments of $13.67 per $1,000 borrowed. A 120 month loan would have monthly payments of $10.61 per $1,000 borrowed.