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Loan Rates

At NavyArmy, you'll enjoy the most competitive rates and lowest fees on checking and savings accounts, deposits, personal loans and mortgage loans.


Auto Loan Rates As of 11/1/2019

Term APR*
0 - 75 Months 4.99† - 16.99%

 

Recreational Vehicle Loan Rates As of 11/1/2019

Term APR*
0-75 7.75- 17.49%
76-144 13.75-18.00%

 

Personal Loan Rates As of 11/1/2019

Term APR*
0 - 48 Months APR 9.50 - 17.75%

 

Deposit Secured As of 11/1/2019

Term APR*
0 - 36 Months 4.50
37 - 48 Months 5.50
CD Rate + 2%

 

Real Estate Loan Rates As of 11/1/2019

Account Type Term Interest Rate (as low as) APR* (as low as)
Homestead - Purchase / Refinance 15 Year 3.500 3.683
Homestead - Purchase / Refinance 30 Year 3.750 3.852
First Lien Texas Home Equity 10 Year 3.750 4.042
First Lien Texas Home Equity 15 Year 4.000 4.203
First Lien Texas Home Equity 30 Year 4.250 4.366
Second Lien Texas Home Equity 10 Year 4.750 5.048
Second Lien Texas Home Equity 15 Year 5.000 5.209
Construction to Permanent 15 Year 4.000 4.203
Construction to Permanent 30 Year 4.250 4.356
Lot / Land 10 Year 5.500 5.802

 

Homestead Purchase/Refi Example

Loan Amount $150,000
Interest Rate 3.75%
Loan Term 30 Years
Total Closing Costs $1,864.00
Initial Monthly Payment $694.67
APR 3.852%

Texas Home Equity Example

Loan Amount $100,000
Interest Rate 4.00%
Loan Term 15 Years
Total Closing Costs $1,364.00
Initial Monthly Payment $739.69
APR 4.203%

The purchase/refinance and Texas home equity examples above are based on a 80% LTV position, credit score > 700 and a standard origination fee. Payment examples do not include taxes and insurance premiums. The total mortgage payment may be greater than what is shown.

 

ABOUT REAL ESTATE LOANS

  • Information displayed is accurate as of the date of the latest update and is subject to change without notice. Loan pricing can only be locked through a Real Estate Application. Please contact the Real Estate Center for more pricing details. Other restrictions may apply.
  • Origination Fee = 1.0% of loan amount on Non Jumbo Loans.
  • NavyArmy  will NOT subordinate our lien. 1st Lien must be with NavyArmy in order to attain 2nd Lien Home Equity or Home Improvement loan.
  • Member Business Loans (Non-Homestead /Purchase/Refinance/Equity) – Please contact our Member Business Loan Department for more information. 361-986-4500, ext.1014

 

* APR = Annual Percentage Rate
** APY = Annual Percentage Yield
† No Discounts Apply / 75 Month Maximum Term

The APY assumes that funds remain on deposit at least one full year. A withdrawal will reduce earnings. We use the Average Daily Balance method to calculate dividends on
your account.

  1. Nature of Dividends: Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period. The Dividend Rate and Annual Percentage Yield (APY) are the prospective rates and yields that the Credit Union anticipates paying for the applicable dividend period. Note: not applicable for Certificate of Deposit (Term Share) Accounts.
  2. Early Withdrawal Penalty for Certificate of Deposit Accounts: We may impose a penalty if you withdraw any of the principal before the maturity date, or the renewal date, if
    this is a renewable account.
  3. Rate information: The Dividend Rate and APY on your accounts are set forth above. The APY is a percentage rate that reflects the total amount of dividends to be paid on an account based on the Dividend Rate and frequency of compounding for an annual period. Withdrawal of dividends or early withdrawal of principal will reduce the APY. The Dividend Rate and APY may change at any time.
  4. Fixed Annual Percentage Rate (APR) listed above is the Credit Union’s standard rate. Rate may vary depending on each borrower’s credit history and underwriting factors.