Loan Rates

 

Rates effective as of April 08, 2020.

 


Loans

 

Automobiles

Year KEMBA Advantage
Rate as low as1
Everyday Rate as low as
Rate APR2 Rate APR2
2020-2017 1.99% 1.99% (APR3) 2.49% 2.80%
2016-2014 3.99% 4.30% 4.49% 4.80%
2013-Older 4.49% 4.80% 4.99% 5.30%



Boats/RV

Year Term KEMBA Advantage
Rate as low as1
Everyday Rate
as low as
Rate APR2 Rate APR2
2020-2017 Up to 120 mos. 6.99% 7.31% 7.49% 7.81%
2016-Older Up to 96 mos. 7.99% 8.31% 8.49% 8.81%



Undergraduate Student Loans

Maximum Credit Line Everyday APR as Low as
$75,000 Variable 5.25%
$75,000 Fixed 5.99%



Student Loan Refinancing

Maximum Loan Amount4 Available Terms Everyday APR as Low as
$75,000 10-Year Fixed Rate 4.99%
$75,000 15-Year Fixed Rate 5.49%
$75,000 10-Year Variable Rate 4.75%
$75,000 15-Year Variable Rate 4.99%



Signature Loans

Loan Product Minimum Amount KEMBA Advantage
Rate as low as1
Everyday Rate
as low as
Rate APR2 Rate APR2
Closed End Fixed Rate $500 8.24% 8.50% 8.74% 9.00%

 

Rates subject to change without notice.

APR=Annual Percentage Rate

Loan rates include 0.25% rate discount for automatic ACH payment withdrawal (discount not applicable on Undergraduate Student Loans & Student Loan Refinancing).

Actual rates may vary based on one or more of the following: credit rating, age and/or value of collateral (if any), term of loan, and method of payment.

Finance charges are calculated using the daily balance method.

1KEMBA Advantage member special rate bonus. Click here for more details.

2APRs shown are based on a $20,000 loan with a $124 doc prep fee. Vehicle loans are amortized over 48 months. Signature loans are based on a 60-month term.

3APRs shown are based on a $20,000 loan with no doc prep fee and 725+ FICO.  Vehicle loans are amortized over 48 months.

4Loans over $75,000 will be reviewed on a case by case basis.

 


Credit Cards

 

Visa Platinum Rewards Credit Card

Variable Rate Card1 Minimum Limit APR as Low as
Visa Platinum Rewards $500 7.99%

 

Rates subject to change without notice.

APR=Annual Percentage Rate

Rates based on the Prime Rate as reported in the Wall Street Journal on the 20th day of the previous month.

To view a copy of KEMBA’s Platinum Rewards Credit Card Agreement, click here.

 


Home Equity Line-of-Credit

 

Variable Rate Home Equity Line-of-Credit3

Approved Credit Line KEMBA Advantage APR as low as1 Everyday APR as Low as Monthly Payment2
≥ $35,000 3.25% 3.75% $100
< $34,999 3.49% 3.99% $100

 

Rates subject to change without notice.

APR=Annual Percentage Rate

Actual rates may vary based on one or more of the following: credit rating, age and/or value of collateral (if any), term of loan, and method of payment.

Finance charges are calculated using the daily balance method.

Home equities and mortgage loans may be subject to additional fees for loans with credit scores less than 675, terms greater than 10 years, LTV’s greater than 80%, and loan amounts greater than $200,000.

1KEMBA Advantage member special rate bonus. Click here for more details.

2Or 1% of unpaid balance, whichever is greater.

3Rates based on the Prime Rate as reported in the Wall Street Journal on the 20th day of the month preceding the date of any annual rate adjustment. Maximum APR is 18 percent.

 


Mortgage Loans

 

Mortgage Rates

Rates subject to change without notice.

 

APR=Annual Percentage Rate

 

Rates apply to a maximum loan amount of $510,400. Amounts higher than this will be reviewed on a case by case basis.

 

Property that is listed “For Sale” will generally not be accepted for Mortgage Loans.

 

Home equities and mortgage loans may be subject to additional fees for loans with credit scores less than 675, terms greater than 12 years, LTV’s greater than 80%, and loan amounts greater than $250,000.

 

12-, 15- and 30-Year Mortgage Assumptions:

APR based on $150,000 loan and 30% down payment with the disclosed rates and terms.

 

3/1, 5/1, and 7/1 Assumptions:

APR based on $150,000 loan and 30% down payment with the disclosed rates and terms over 360 months.

 

Fixed Home Equity Assumptions:

Actual rates may vary based on one or more of the following: credit rating, age and/or value of collateral (if any), term of loan, and method of payment.

Finance charges are calculated using the daily balance method.

KEMBA Advantage member special rate discount. Click here for more details.

APR based on $150,000 loan and 70% or less LTV with the disclosed rates and terms.