Loan Rates as of 01/28/08 
With approved credit (Rates apply to Tier 1 Credit)

Metropolitan Federal Credit Union administers a credit check on all loans submitted. The rates listed are our preferred rates and are subject to change.  We will loan 90% of the NADA list price on new and used vehicles (excluding motorcycles, boats, campers, travel trailers, and new conversion vans).  If the member has a Sharedraft Account (checking account) or is pre-approved for the loan, a 1/4 % discount will be applied to the interest rate.

New Car Loan Rates

Loan Term	Interest Rate	Note
24 months	5.25%  APR
36 months	5.50%  APR
48 months	5.75%  APR
60 months	6.00%  APR
72 months	7.25%  APR	over $25,000

An additional 1/2% may be taken off the interest rate if financing less than 70% of the MSRP price.  Maximum discount on loan rate not to exceed 1/2%.

                                  (Click for loan application) 

Used Car Loan Rates

Year of Car	Loan Term	Interest Rate	Note
2005-2008	60 months	6.75% APR
2005-2008	48 months	6.50% APR
2003-2004	48 months	7.50%  APR
2003-2004	36 months	7.25% APR
2001-2002	36 months	8.25% APR
1999-2000	30 months	9.00% APR
1996-1998	24 months	10.00% APR

Can go 6 months longer on the above rates for a 1% higher rate.

Other Loans Available

• Signature Loan

• Home Equity Line of Credit

• Share Backed Loan

• Home Improvement Loan

• Used Boat / Cycle / Camper / Travel Trailer Loans

LOAN COST CALCULATOR

Click above to figure payments on your loan,  get a quote for an extended warranty, and figure the cost of GAP insurance.

Loan Applications

To apply for a loan, download the application by clicking the link below. Print it, complete it in full, and mail it or fax it to: