Fixed or Variable Rate Home Equity Mortgages are available for primary residences only. Loan Rates | D.C. Teachers' Federal Credit Union, © 2020 D.C. Teachers' Federal Credit Union. All loans subject to member qualification. *APR= Annual Percentage Rate LTV=Loan to Value Ratio. Become a Member; Benefits Plus Discount Services ; Bill Payer; Card Valet; Check Ordering; Debt Management; Direct Deposit; Online Banking; Mobile Banking; Payment Protection; Privilege Pay Protection; Safe Deposit … Sometimes, we need a little more cash than we have available. All loans are subject to credit approval. Loan rates without automatic payments will be .50% higher than those displayed. Low payment "balloon" financing available - terms of 24, 36, 48, or 60 months, subject to vehicle age restrictions and ALG availability. Financing of Tax and Tags for Autos is subject to approval. Up to 60 month term, minimum loan is $5,000, maximum vehicle age is 10 model years (including current model year), Up to 61 to 72 month term, minimum loan is $10,000, maximum vehicle age is 10 model years (including current model year), Up to 73 to 84 month term, minimum loan is $10,000, maximum vehicle age is 5 model years (including current model year). Home Equity Line of Credit Variable Rate Mortgages — The rate is variable‚ and your APR may increase. The rate cannot be locked until application approval. New and Used auto rates apply, depending on review of title and original purchase agreement / loan agreement. All loans are subject to credit approval. El Paso Area Teachers Federal Credit Union (TFCU). Vehicles with commercial plates cannot be financed as a Consumer New Auto Loan. If you had an outstanding balance of $10,000 during the repayment period‚ the minimum payment at the maximum Annual Percentage Rate of 18.00% would be $154.35. Origination fee $300.00. Term — Total 240 months; Credit Advances or Draw Period 84 months‚ Repayment 156 months. All loans are subject to credit approval. Direct Deposit and/or Payroll Deduction required for C and D Borrowers, Indices 26 Week T-Bill Rate .11% Wall Street Journal Prime 3.25%. Teachers does not finance vehicles purchased at auction or from wholesale dealers as a Consumer New Auto Loan. Personal Loan: 7.99%: Teachers Advantage LOC: 6.75%: Visa Low Rate Card: 9.36%: Visa Cash Back: 12.36%: HELOC: 2.99% Rates and conditions are effective as of 8/14/2019 and are subject to change daily. Cannot exceed existing term of loan being refinanced. To qualify as a new Auto refinance, the vehicle must have been purchased as new, and the refinance must be completed within 12 months of the original purchase date. The maximum Annual Percentage Rate at any time is 18.00%. Contact the Credit Union for current rates, terms and details. El Paso Area Teachers Federal Credit Union. Must have a minimum of 24 months remaining on the original term. The index is the Prime Rate as published in the Money Rates Section of The Wall Street Journal on the first business day of each month. At TFCU, you’ll get personal, customized attention to your loan needs—whether that’s taking the family on that once in a lifetime vacation, home improvements… or covering an unexpected car repair, TFCU has your back. TFCU’s Personal Loan can help. Auto Loan. All rates and terms are based on an evaluation of each member’s credit history‚ loan-to-value (LTV) payment type, loan amount‚ and loan purpose‚ so your rate and terms may differ. To learn more about factors to consider when applying for or using a Credit Card, visit the website of the Federal Reserve Board at http://www.federalreserve.gov/creditcard. For 61 to 72 month term, minimum loan is $10,000, For 73 to 84 month term, minimum loan is $20,000, For 85 to 96 month term, minimum loan is $30,000. Mortgage Insurance is required on all mortgage loans. Loan pre-approval, payroll deduction, phone-a-loan service, online applications and competitive interest rates make Teachers the place to finance all your vehicle needs.