Loan Rates

Effective Date

* 60 month financing is available on autos and motorcycles, with a minimum advance of $5,000.00. 61 to 72 month financing is available on autos and motorcycles, with a minimum advance of $15,000.00; 73 - 84 month financing is available on autos, with a minimum advance of $25,000.00; New & Used Auto requests in excess of $75,000 will be subject to an increase in the interest rate.

New Vehicles
Current calendar year model and the previous model year with 20,000 miles or less

Used Vehicles
Year models 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025 and 2026 exceeding 20,000 miles

Older Model Years
Year models 2017 or prior

** 60 month financing is available on RVs and boats with a minimum advance of $5,000.00. 61 to 72 month financing is available on  RVs and boats with a minimum advance of $15,000.00; 73 - 84 month financing is available on  RVs and boats with a minimum advance of $25,000.00; Financing is available on RVs and boats up to and including 120 months with a minimum advance of $30,000.00; 121 - 180 month financing is available on RVs and boats with a minimum advance of $50,000. Boat and RV loans are not available for purchase or refinance for residential use. 10% down payment required on new/used Boats and RV with purchase price over $75,000. Maximum loan amount for Boat and RV non-private sale financing is $100,000. Maximum loan amount for Boat and RV private sale financing is $50,000.

*** LTV is the value of your property compared to the total amount of any mortgage secured by this property. Other restrictions may apply.

**** Variable rate as published in the money rates column of the Wall Street Journal and subject to change quarterly. Maximum rate 16%. Minimum rate 1%. Your rate will be determined by your credit history. Loan to Value Ratios (LTV) up to 90%. An appraisal may be required. Borrower must maintain property insurance. Call the Credit Union for additional account fees and terms that apply, including rate information. Topside FCU will pay up to $700 in closing costs, subject to restrictions, appraisal fee not included. An appraisal may be required. Closing costs include title search, credit report, document recording fees and taxes paid, automated valuation models, property condition reports, etc. Closings costs will vary depending on loan amount and location of the property. Example of fees based on $100,000 equity loan in Spotsylvania County, VA: Fees totaling $836.33, with $700 paid by the CU and the remainder paid by the borrower.

Your rate will be determined by your credit history. The actual Annual Percentage Rate will be reflected on the Loan Agreement and Consumer Credit Disclosure Statement signed by you at the time of the disbursal. Please contact the Credit Union to find out what rate you qualify for and what criteria we used to qualify you for that rate.