Loan Rates
| Maximum Term | Fixed APR1 | Alert Me | |
|---|---|---|---|
| 2019 and newer vehicles | 6 Years | as low as 4.24%2 | Receive a notification when this rate changes |
| 2016-2018 | 6 Years | as low as 4.74%2 | Receive a notification when this rate changes |
| 2015 and older vehicles | 6 Years | as low as 6.49%2 | Receive a notification when this rate changes |
| Subject to credit approval. Stated rates based on credit worthiness. Loan rates available for up to 110% Loan to Value of vehicle. "Vehicle" is defined as a car or light truck/van. 0.50% discount for new and used Electronic Vehicles (excluding Hybrids). | |||
| Maximum Term | Fixed APR1 | Alert Me | |
|---|---|---|---|
| 2019 and newer vehicles | 6 Years | as low as 5.49%2 | Receive a notification when this rate changes |
| 2016-2018 | 6 Years | as low as 5.99%2 | Receive a notification when this rate changes |
| 2015 and older vehicles | 6 Years | as low as 7.74%2 | Receive a notification when this rate changes |
| Subject to credit approval. For Campers and Motor Homes, add 1% to the above rates for up to 84 month terms and 2% for up to 120 month terms. Stated rates based on credit worthiness. Loan rates available for up to 110% Loan to Value of vehicle. *"Vehicle" is defined as a motorcycle,jet ski, snowmobile, camper, motor home, ATV or other off road transportation. | |||
| Term Share/Savings | Term | APR1 | Loan to Value | Monthly Payment Per $1000 Borrowed |
|---|---|---|---|---|
| Secured up to $100,000 | 5 Year | Term Share Rate + 3.0%2 | 100% LTV Share Secured | $18.06 - $18.28 |
| Secured of $100,000 or more | 5 Year | Term Share Rate + 2.0%2 | 100% LTV Share Secured | $17.62 - $17.84 |
| Subject to credit approval. | ||||
| Loan Type | Loan to Value | Interest Rate | APR1 | Monthly Payment Per $1000 Borrowed | Alert Me |
|---|---|---|---|---|---|
| Home Equity LOC | Up to 80% | Variable Prime + 0% | 5.50%2 | N/A | Receive a notification when this rate changes |
| Home Equity LOC | Up to 100% | Variable Prime + 2% | 7.50%2 | N/A | Receive a notification when this rate changes |
| Loan Type | Loan to Value | Term | APR1 | Monthly Payment Per $1000 Borrowed | Alert Me |
| Home Equity Loan | Up to 80% | 15 Years | 4.750%2 | $7.78 | Receive a notification when this rate changes |
| Up to 100% | 15 Years | 6.750%2 | $8.85 | Receive a notification when this rate changes | |
| Subject to credit approval. Fees and Charges: The credit union pays third party fees for new participants unless you close the plan within three years. In that case, you may have to reimburse the credit union for any fees paid on your behalf. If you refinance an existing Home Equity with Greylock then you may pay certain fees to third parties to open the plan. These fees generally total between $800 and $1500. If you ask, we will provide you with an itemization of the fees you will have to pay to third parties. Property Insurance: You must carry insurance on the property that secures this plan. Rate Changes: For Home Equity Lines of Credit, the annual percentage rate can change on the first day of each month. The rate cannot increase or decrease more than 1 percentage point at each adjustment. The maximum ANNUAL PERCENTAGE RATE that can apply is 18%. For properties located in New York State, borrowers are subject to a mortgage tax fee of 1.25% of loan amount. | |||||