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CoVantage Credit Union
CoVantage Credit Union

Loan Rates

Houses? They're expensive. So are cars, boats, and RVs. As is life in general. At CoVantage, we try to make everything a little more affordable by holding the line on our loan interest rates.
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Save money on interest charges. Spend it on the better things in life.

A family vacation, a new kitchen, college tuition, some cool electronics. You have better things to spend your money on than interest payments. CoVantage takes pride in offering our Wisconsin and Michigan neighbors great rates on mortgages, rewards credit cards, home equity loans, vehicle loans, and personal loans.

Annual Percentage Rate (APR) effective 02/23/2019 and subject to change.

Rates and monthly payments are our lowest available. Rates and monthly payments are based on a $100,000 loan amount and 80% Loan-to-Value (LTV). Lower rates are available for lower LTV, and rates are higher for LTV up to 100%

Please be aware that individual rates and terms may vary based on down payment, LTV, credit history and credit score.

Fixed Rate

Term Rate APR As Low As Monthly Payment Per $1000
15 Year 3.875% 4.006% APR $7.33
20 Year 4.125% 4.228% APR $6.13
30 Year 4.250% 4.325% APR $4.92

In House Fixed Rate

Term Rate APR As Low As Monthly Payment Per $1000
5 Year 4.250% 4.571% APR $18.53
10 Year 4.375% 4.543% APR $10.30
12 Year 4.500% 4.643% APR $9.00
15 Year 4.750% 4.868% APR $7.78
20 Year 5.000% 5.094% APR $6.60

In House Adjustable Rate

Term Rate APR As Low As Monthly Payment Per $1000
1/1 ARM 4.250% 5.341% APR $4.92
3/1 ARM 4.375% 5.198% APR $4.99
5/1 ARM 4.500% 5.113% APR $5.07
10/1 ARM 4.750% 5.090% APR 5.22

Interest Only Construction

Term Rate APR As Low As Monthly Payment Per $1000
12 Month Balloon 4.750% 10.525% APR $3.90

Annual Percentage Rate (APR) effective 02/23/2019 and subject to change.

Regular New & Used Vehicle and RV rates and monthly payments are based on financing 75% of value.

Please be aware that individual rates and terms may vary based on down payment, age of collateral, mileage, credit history, and credit score.

New & Used Vehicle & Recreational Loan Rates

(Titled Cars, Trucks, motorcycles, campers, and boats over 16 feet long.)

Term APR As Low As Monthly Payment Per $1000
24 Month 2.99% APR $42.98
36 Month 3.39% APR $29.25
48 Month 3.59% APR $22.40
60 Month 3.74% APR $18.30
66 Month 3.99% APR $16.90
72 Month 3.99% APR $15.64
84 Month 4.99% APR $14.13

New Recreational Loan Rates - Titled

(Motorhomes, campers, and boats over 16 feet long.)

Term APR As Low As Monthly Payment Per $1000
120 Month 5.54% APR $10.87
180 Month 6.24% APR $8.57

Annual Percentage Rate (APR) effective 02/23/2019 and subject to change.

Rates and monthly payments are based on financing 75% of purchase price.

Please be aware that individual rates and terms may vary based on down payment, age of collateral, mileage, credit history, and credit score.

New and Used Recreational Loan Rates - Untitled

(Snowmobiles, ATVs, campers, and boats under 16 feet long.)

Term APR As Low As Monthly Payment Per $1000
24 Month 4.49% APR $43.64
36 Month 4.89% APR $29.92
48 Month 5.09% APR $23.07
60 Month 5.24% APR $18.98
72 Months 5.49% APR $16.33

Annual Percentage Rate (APR) effective 02/23/2019 and subject to change.

Rates and monthly payments are our lowest available. Individual rates and terms may vary based on down payment, credit history, and credit score.

Unsecured Loans

Term APR As Low As Monthly Payment Per $1000
Up to 36 Months 8.19% APR $31.42
37-48 Months 8.69% APR $24.74
Up to 60 Month 9.69% APR $21.09

Annual Percentage Rate (APR) effective 02/23/2019 and subject to change.  Rates and monthly payments are our lowest available.

Rate, APR and monthly payment for variable rate line of credit is based on less than 50% loan-to-value (LTV). Rates are higher for LTV up to 100%. Maximum rate on a variable rate line of credit is 16% APR, minimum rate is 4% APR.

Rate, APR and monthly payment for fixed rate loan is based on less than 80% loan-to-value (LTV). Rates are higher for LTV up to 100%.

Please be aware that individual rates and terms may also vary based on down payment, credit history and credit score.

Home Equity Line of Credit (Variable Rate)

Term Rate APR As Low As Monthly Payment Per $1000
Line of Credit 4.000% 4.000% APR $10.00

Home Equity Loan/Second Mortgage (Fixed Rate)

Term Rate APR As Low As Monthly Payment Per $1000
5 Year Fixed 4.625% 4.637% APR $18.71
10 Year Fixed 4.875% 4.881% APR $10.55
15 Year Fixed 5.375% 5.380% APR $8.11
20 Year Fixed 5.750% 5.754% APR $7.02

Annual percentage rates (APR) effective 02/23/2019 and subject to change.

Rates and monthly payments are our lowest available. Individual rates and terms may vary based on down payment, credit history, and credit score.

Rewards Credit Card & Kwik Cash

Product APR As Low As Monthly Payment Per $1000
Kwik Cash 11.95% APR $30.00
Rewards Card 8.24% APR Varies

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