Loan Rates

Rates and Yields Effective: 11.03.2022
Prime Rate: 7.00%

Woman using bars in bar chart as stepping stones
Auto Loans
Personal Loans
Home Equity Loans
Finish Line Mortgage
Advertised fixed rates include .25% discount with automatic payment from Inspire FCU checking that has a reoccurring direct deposit. This discount is only available on fixed rate loans with the exception of our Fresh Start Loan.

Auto Loans

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Term APR1 (as low as)
5.04%
Monthly payment per $1,000 is $18.10
5.24%
Monthly payment per $1,000 is $15.66
5.84%
Monthly payment per $1,000 is $14.53

Personal Loans

Woman relaxing outside in lounge chair
Term APR1 (as low as)
Debt Consolidation
Terms up to 60 months
8.99%
Monthly payment per $1,000 is $20.75
Personal Unsecured
Terms up to 60 months
8.99%
Monthly payment per $1,000 is $20.75
Personal Line of Credit (PLOC)
Terms up to 120 months
As Low As 11.75%5
Prime + 4.75%
Personal Secured
Terms up to 60 months
Dividend rate + 3%
Rate Varies
Fresh Start Loan
Terms up to 12 months
10.00%

Home Equity Loans

Woman searching for home with a large magnifying glass
Term APR3 (as low as)
Home Equity Line of Credit (HELOC)
Up to 80% Loan-to-Value
Introductory Rate as Low as 4.25%3
Prime - .26%, As low as 6.74%
Home Equity Line of Credit (HELOC)
81%-100% Loan-to-Value
As low as 8.5%
Prime + 1.5%
5 Year Home Equity Loan
80% Loan-to-Value
As low as 5.50%
Monthly payment per $1,000 is $19.10
7 Year Home Equity Loan
80% Loan-to-Value
As low as 5.75%
Monthly payment per $1,000 is $14.49
10 Year Home Equity Loan
80% Loan-to-Value
As low as 6.00%
Monthly payment per $1,000 is $11.10
15 Year Home Equity Loan
80% Loan-to-Value
As low as 6.25%
Monthly payment per $1,000 is $8.57
20 Year Home Equity Loan
80% Loan-to-Value
As low as 7.00%
Monthly payment per $1,000 is $7.75
5 Year Home Equity Loan
81%-100% Loan-to-Value
As low as 7.50%
Monthly payment per $1,000 is $20.04
7 Year Home Equity Loan
81%-100% Loan-to-Value
As low as 7.75%
Monthly payment per $1,000 is $15.46
10 Year Home Equity Loan
81%-100% Loan-to-Value
As low as 8.00%
Monthly payment per $1,000 is $12.13
15 Year Home Equity Loan
81%-100% Loan-to-Value
As low as 8.25%
Monthly payment per $1,000 is $9.70
20 Year Home Loan
81%-100% Loan-to-Value
As low as 9.00%
Monthly payment per $1,000 is $9.00

Finish Line Mortgage

Surprised woman with dollar bills falling around her
Term APR4 (as low as)
5 Year Finish Line Mortgage
75% Loan-to-Value
5.10%
Monthly payment per $1,000 is $18.92
7 Year Finish Line Mortgage
75% Loan-to-Value
5.25%
Monthly payment per $1,000 is $14.25
10 Year Finish Line Mortgage
75% Loan-to-Value
5.50%
Monthly payment per $1,000 is $10.85
15 Year Finish Line Mortgage
75% Loan-to-Value
5.60%
Monthly payment per $1,000 is $8.22

1APR = Annual Percentage Rate. All loans subject to credit approval. Advertised Rates subject to change without notice. Your rate is fixed and will not change after loan consummation. Other conditions may apply. Annual Percentage Rate, terms of loan, and loan-to-value are all subject to applicant credit worthiness. There are no prepaid finance charges. Payment examples do not include amounts for taxes and insurance premiums, actual payments may vary. Advertised rates include .25% reduction for direct deposit to Inspire FCU checking account witih autopay. The .25% discount is only available for fixed rate loans with the exception of our Fresh Start Loan. Price per $1,000 borrowed at 3.99% the cost is $18.41 for a 60-month term. APR, terms and/or loan to value of vehicle vary based on model year of vehicle and applicant creditworthiness.

2APR = Annual Percentage Rate. Credit limit will be determined based on credit worthiness, which includes debt analysis, credit rating, income verification, and more. Minimum credit limit, $500. Maximum credit limit, $20,000. Complete credit card disclosures and agreement will be provided at time of application. Advertised Rates subject to change without notice. Your rate is variable and may change after consummation. APR is variable and currently ranging from 12.15% -21.15% APR as of 9/28/2022.

3APR = Annual Percentage Rate. Subject to credit approval. Rates quoted assume excellent borrower credit history. Your actual APR will be based on creditworthiness and income. Qualifying applicants will receive introductory rate of 4.25% APR that will expire after 6 months and new rate will adjust to a variable APR between 6.74% – 11% APR, but not to exceed 15% APR, depending on creditworthiness and Loan to Value. Maximum loan amount eligibility for intro rate is $250,000. Loans greater than $250,000 will be subject to regular rate, which is based on prim rate as published in the Wall Street Journal plus/minus a margin. Existing Inspire FCU Home Equity Loans are not eligible for the introductory rate of 4.25%. Introductory rate is available to new home equity loan borrowers only. $5,000 initial draw required for Introductory rate. Certain restrictions may apply to introductory rate and not all borrowers will qualify. Home Equity Line of Credit is a Variable Rate product which is based on the highest Prime Rate as published in the Money Rates Section of The Wall Street Journal in effect on the first business day of December, March, June and September of each year. (“Index”) plus or minus the margin – The Index plus or minus the margin equals the Interest Rate. Changes in the index will cause changes in the Interest Rate on the first day of January, April, July and October of each year. Interest you pay may be tax deductible. An early closure fee may apply – see Credit Union fee schedule for details. Property insurance is required for real estate secured loans. Consult a tax advisor regarding the deductibility of interest. In no event will the regular Annual Percentage Rate be less than 6.74% or more than the lesser of 15% per annum or the maximum rate allowed by applicable law. Payment examples do not include amounts for taxes and insurance premiums, actual payments may vary. The minimum monthly payment is $50.   

4Minimum loan amount is $50,000. If loan is under $50,000 a $400 application fee will apply. Must be a first lien on property. Maximum loan-to-value 75%. Maximum Loan Amount $250,000. If borrower receives an APR (annual percentage rate) of 5.10%, borrower will pay 60 monthly payments of $18.92 per $1,000 borrowed. Example payment does not include amounts for taxes or insurance premiums, actual payment may vary. Primary Residence only. Rates and terms are subject to creditworthiness and other factors. Advertised rate includes .25% reduction for direct deposit to Inspire FCU checking account witih autopay

5APR = Annual Percentage Rate. Loan is subject to approval and borrowers eligibility to meet credit requirements. Personal Line of Credit is a variable rate product. The APR for new and existing balances will be the Wall Street Journal Prime Rate (index), plus a margin starting at 4.75%. The index plus a margin equals the interest rate. Changes in the index will cause changes in the interest rate on the first day of the month following the change in prime rate. In no event will the regular APR exceed 18% per annum or the maximum allowed by applicable law, whichever is less. The minimum monthly payment is 3% of the current loan balance at the end of the statement cycle or $25, whichever is greater.