![]() ![]() Up to 125% financing available with an added premium. Financing is 80% of the purchase price for new vehicles and 80% of the NADA/Kelly Blue Book retail value for used vehicles. *Rates listed are based on credit history, amount financed and includes automatic payment discount of. We offer quick pre-approvals and a streamlined application process, so you can get on the road fast! VEHICLE LOANS (Rates Effective 01/01/20) Purchase a new or used auto with competitive financing from Metro. In addition to commercial loans and credit card rates, many consumer loans are based upon Prime, including home equity loans, car loans, and personal loans.Just use our online loan application to apply anytime 24/7! It’s fast, convenient, safe, and secure. Publications may also refer to the Wall Street Prime Rate or the WSJ Prime Rate. The Prime Rate is usually adjusted at the same time and in correlation with the adjustments of the Fed Funds Rate. Adjustments to the prime rate are made at the same time although, the rate does not adjust on any regular basis. The rate is almost always the same amongst major banks and credit unions. The Prime Interest Rate is the interest rate charged by banks to their most creditworthy customers (usually the most prominent and stable business customers). Consult your tax advisor regarding tax-deductible interest. Property values are based on the lesser of the current appraised value or a Freddie Mac Home Value Explorer (HVE®) with a condition report. The prime rate is currently 6.25% as published in the Wall Street Journal as of September 22, 2022. The rate is subject to change on January 1st and July 1st each year. *The Home Equity Line-of-Credit annual percentage rate is based on Prime Rates plus an added margin. Savings Account is required for credit union membership. Final rate is based on credit score and Loan-to-Value financing. The listed rate is for excellent credit, your rate may vary based on your credit score. Loan applications subject to METRO’s lending guidelines. Up to 80% Loan-to-Value financing based on qualification. *Please consult your tax advisor regarding the deductibility of interest. Checking account must remain open for the duration of the loan. 25% rate discount on 48-month term or longer with a new or existing, ACTIVE Checking Account! Active is defined as 1 transaction within 90 days. Rates not available to refinance existing METRO loans. *Rates listed are based on amount, term and credit score. Revolving, Line-of-Credit loan attached to your checking account. ![]() Principal loan amount equal to savings balance from $1,000 to $50,000 *Rates As Low As (RATE DISCOUNT Available*) Loan Type Loans available up to $25,000 (unsecured). If you’re looking to consolidate debt, pay for unexpected repairs, make a large purchase, or pay for that dream vacation, we offer great rates, flexible terms and convenient repayment options. T he rates above include the Active Checking Account discount. 25% rate discount on Auto Loan rates with a new or existing, ACTIVE Checking Account! Active is defined as 1 transaction within 90 days and the checking account must remain open for the duration of the loan. Rates are not available to refinance existing METRO loans. The minimum loan amount is $20,000 for 72 & 84 months terms. Up to 125% financing is available with an added premium on vehicles that do not exceed 100,000 miles. All loan applications are subject to METRO Federal Credit Union lending guidelines. Payment Example: Monthly payment on a $20,000 loan at 3.84%APR (includes rate discount) for 48 months is $450.14. Length of term varies by year of vehicle and amount financed. Final rate for all collateral loans is based on credit score, amount financed, year of vehicle, and term. *Listed APR for all vehicle Loans is for 100% financing, best credit, and assumes an ACTIVE Checking Account discount of. ![]() 25% discount for New/Active Checking Account) Loan Type ![]()
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