Loan Rates

Detail of 1930s car

Not-for-profit banking means a better deal for you!

Linn Area Credit Union has been lending at competitive rates since 1935. Check ’em out!

Loan Type APR* As Low As Term
New and Late Model Used Auto (2016 and newer)
2.5%
2.95%
3.15%
Up to 48 Months
Up to 66 Months
Up to 72 Months
Used Auto (2013 – 2015 models)
2.75%
3.15%
3.15%
Up to 36 Months
Up to 60 Months
Up to 66 Months
Used Auto (2010 – 2012 models)
3.65%
4.15%
4.4%
Up to 36 Months
Up to 60 Months
Up to 66 Months
Used Auto (2009 and older models)
4.65%
Up to 48 Months
New and Late Model Used Motorcycle (2016 and newer)
2.5%
2.95%
3.15%
Up to 48 Months
Up to 66 Months
Up to 72 Months
Used Motorcycle (2013 – 2015 models)
2.75%
3.15%
3.15%
Up to 36 Months
Up to 48 Months
Up to 60 Months
Used Motorcycle (2010 – 2012 models)
3.65%
4.15%
4.4%
Up to 36 Months
Up to 48 Months
Up to 60 Months
Used Motorcycle (2009 and older models)
4.65%
Up to 48 Months
New ATV, UTV, Snowmobile, Off Road Cycle or Misc. Equipment
3.5%
Up to 60 Months
Used ATV, UTV, Snowmobile, Off Road Cycle or Misc. Equipment
4.5%
Up to 60 Months
Boat/RV/Fold Down Camper
3.99%
Up to 36 Months
(terms available up to 180 Months)
Personal Loan
8.40%
48 Months
Home Equity Loans**
4.25%
Up to 15 Years

Note: Any loan amount less than $5,000 would have a maximum term of 48 months.

*Annual Percentage Rate (APR) based on credit, equity and term. Rates effective as of 1/4/2016.

**Annual Percentage Rate (APR) based on credit and equity. Variable rate tied to Prime Rate. Adjusted Quarterly.

Loan rates listed above show the best rate and apply to those with an excellent credit rating. Your rate may vary based on personal credit history. All rates subject to change without notice. Credit union membership is required to obtain Linn Area products. $5 minimum deposit required.

New Auto Loan Example: For a $30,000 loan for a term of 72 months with a 2.50% APR, the monthly payment will be $449.13 which assumes $0 down payment and does not include any estimate for taxes, insurance, or fees; therefore, the actual payment obligation will be greater.

New Motorcycle Loan Example: For a $18,000 loan for a term of 66 months with a 2.95% APR, the monthly payment will be $295.78 which assumes $0 down payment and does not include any estimate for taxes, insurance, or fees; therefore, the actual payment obligation will be greater.

New ATV, UTV, Snowmobile, Off Road Cycle or Misc. Equipment Example: For a $15,000 loan for a term of 60 months with a 3.50% APR, the monthly payment will be $272.88 which assumes $0 down payment and does not include any estimate for taxes, insurance, or fees; therefore, the actual payment obligation will be greater.

Boat/RV/Fold Down Camper Example: For a $48,000 loan for a term of 120 months with a 3.99% APR, the monthly payment will be $485.75 which assumes $0 down payment and does not include any estimate for taxes, insurance, or fees; therefore, the actual payment obligation will be greater.

Personal Loan Example: For a $10,000 loan for a term of 48 months with a 8.40% APR, the monthly payment will be $246.01 and does not include any estimate for additional fees; therefore, the actual payment obligation may be greater.