Loan Rates

As of September 1, 2016

All loan rates listed are Annual Percentage Rates (APR).  Loan rates are subject to change and are listed as a general guide only. For up-to-date rates contact Mid Kansas Credit Union at 888-345-2980 or 620-345-2980

Consumer Loans
 

Term in Months (Up To)

Fixed Rate as low as (APR)* Payment Factor/ $1,000** est.
New - 2016 and 2017 36 2.75% 28.98
  72 3.25% 15.31
Used - 2016, 2015, 2014, 2013 36 3.50% 29.31
  72 4.00% 15.65
Used - 2012, 2011, 2010, 2009 36 4.25% 29.64
  60 4.75% 18.76
Used - 2008 and older 36 5.00% 29.98
  60 5.50% 19.11
RECREATIONAL VEHICLES      
New 36 4.50% 29.75
  72 5.50% 16.34
Used 36 5.50% 30.20
  60 6.00% 19.34
OTHER SECURED      
  36 6.00% 30.43
  60 6.50% 19.57
       
Unsecured Signature Loans 12 9.25% 87.58
  36 10.00% 32.28

* Rate based on borrower's credit qualifications.

** Payment Factor = amount of loan divided by 1,000, taken times the payment factor. Example: The monthly payment for a new car loan of $10,000 for 36 Months @ 2.75% is (10,000/1,000)=10. 10 X 28.98 = monthly payment of $289.80.

Open-End Consumer Products
Loan Type Length Fixed Rate (APR)
Overdraft Protection Loan N/A 17.00%
VISA Credit Card N/A 10.90%
Agriculture and Commercial Loans
Loan Type Length Variable Rate (APR)
Agriculture Real Estate 70% Loan to Value

For details concerning rates and terms please contact John Vogt, Ag Loan Officer at 620-345-2980 or johnv@mkcu.com

Agricultural Operations
Commercial
Consumer Real Estate Loans             (Institution NMLS ID : 790270)
                                                     (Larry A Schmidt NMLS ID : 798910)
Loan Type Length Rate (APR)
  Coming Soon

 

Moundridge: 104 S. Avenue B | P.O. Box 608 | Moundridge, KS 67107 | 620.345.2980
Buhler: 200 W. 2nd | P.O. Box 569 | Buhler, KS 67522 | 620.543.2662