Loan Rates

Current Loan Rates as of December 21, 2023.

New Automobile
Current Year (Less Than 15,000 miles)
Term	Annual Percentage Rate (APR)
up to 36 months	5.50% to 17.25%*
up to 48 months	5.65% to 17.75%*
up to 60 months	5.65% to 18.00%*
up to 66 months	5.75% to 18.00%*
up to 72 months	6.00% to 14.25%*
up to 84 months	7.25% to 18.00%*
Used Automobile Current Year+ 1-3 Years Old
Term	Annual Percentage Rate (APR)
up to 36 months	6.00% to 17.85%*
up to 48 months	6.15% to 17.90%*
up to 60 months	6.40% to 18.00%*
up to 66 months	6.65% to 18.00%*
up to 72 months	6.90% to 16.35%*
up to 84 months	7.35% to 10.90%*
Used Automobile 4-5 Years Old
Term	Annual Percentage Rate (APR)
up to 36 months	7.25% to 17.90%*
up to 48 months	7.55% to 18.00%*
up to 60 months	7.75% to 18.00%*
up to 66 months	8.25% to 16.75%*
Used Automobile 6-8 Years Old
Term	Annual Percentage Rate (APR)
up to 36 months	8.50% to 18.00%*
up to 48 months	8.70% to 18.00%*
up to 60 months	9.10% to 18.00%*
Other Collateral Loans/Recreational Vehicles
New
Term	Annual Percentage Rate (APR)
up to 36 months	7.90% to 17.50%*
up to 48 months	8.00% to 18.00%*
up to 60 months	8.25% to 18.00%*
up to 66 months	8.75% to 16.25%*
up to 72 months	9.25% to 13.00%*
up to 84 months	9.75% to 13.90%*
Used Autombile 9 Years & Older
Term	Annual Percentage Rate (APR)
up to 36 months	9.00% to 18.00%*
up to 48 months	9.25% to 18.00%*
up to 60 months	9.85% to 18.00%*
up to 66 months	10.10% to 17.10%*
up to 72 months	10.40% to 15.70%*
up to 84 months	11.90% to 17.10%*
Personal Loans
Term	Annual Percentage Rate (APR)
up to 36 months	11.75% to 18.00%*
up to 48 months	12.00% to 18.00%*
Share Secured Loans
Term	Annual Percentage Rate (APR)
up to 60 months	Dividend Rate +3.00%
First Mortgage Loans
Term	Annual Percentage Rate (APR)
Up to 10 Years	Secondary Market Pricing
Up to 15 Years	Secondary Market Pricing
Up to 20 Years	Secondary Market Pricing
Up to 30 Years	Secondary Market Pricing
Fixed Home Equity Loans
Loan to Value (LTV)	Annual Percentage Rate (APR)
90% or Less of Appraised Value	As low as 9.75%***
More than 90% of Appraised Value	As low as 10.50%***
Home Equity Lines of Credit
Loan to Value (LTV)	Annual Percentage Rate (APR)
80% or Less of Appraised Value	As low as 4.00%***
More than 80% of Appraised Value	As low as 4.00%***
Home Equity Lines of Credit Promotion
Loan to Value (LTV)	Annual Percentage Rate (APR)
95% or Less of Appraised Value	As low as 2.90%****

Click here for the APR calculator.

*All loans subject to credit approval. Some restrictions may apply. Your APR may vary depending on your creditworthiness. Please ask a loan officer for details. Rates and terms subject to change without notice

**Your APR may vary based on your creditworthiness and length of time financed (term). Terms from 60 to 180 months are available. Rates and terms subject to change without notice. Please ask a loan officer for details

*** The APR is variable and is based upon an index and a margin. Maximum APR is 18.0%; minimum APR is 4.0%. Margin, rate, and payment amount may vary based on property value, loan amount, creditworthiness, and other factors. Property insurance is required; flood insurance may be required depending on the location of the collateral. Maximum amount financed is 95% of appraised value. Some restrictions may apply. Rates and terms subject to change without notice. Please ask a loan officer for details.

****A limited time offer. Rates do not apply to existing CGRCU home equity loans. Must be primary residence of applicant. The promotional rate of 2.9% APR for 6 months begins from the date of closing with an initial loan advance of $10,000. The 2.9% Introductory APR is fixed during the Introductory Period for all credit advances taken during such period. Minimum loan amount of $15,000; maximum loan amount of $100,000. CGR Credit Union will pay closing costs on new Home Equity Line of Credit applications. HELOCs have a 5-year draw period, and a 15-year repayment period. Credit and collateral are subject to approval. Credit application required.

After the Introductory Period ends, the APR is variable and is based upon an index and a margin. The variable APR will apply to the outstanding balance as of the end of the Introductory Period. Maximum APR is 18.0%; minimum APR is 4.0%. Margin, rate, and payment amount may vary based on property value, loan amount, creditworthiness, and other factors. Property insurance is required; flood insurance may be required depending on the location of the collateral.