Rates

Loan Rates

Houses? They're expensive. So are cars, boats, and RVs. At CoVantage, we try to make everything more affordable by providing low rates.

Annual Percentage Rate (APR) effective September 15, 2024 and subject to change.

Rates and monthly payments are our lowest available and based on a $100,000 loan amount. Fixed rates/APRs based on credit scores of 740+ and a Loan-to-Value (LTV) of 60% or less purchase transaction. In-House fixed and adjustable rates/APRs based on credit scores of 722+ and a Loan-to Value (LTV) of 80% or less. Actual rates may vary based on down payment, LTV, credit score, loan type and property type. For loans with less than 20% down payment, private mortgage insurance may be required. These costs will be added if necessary. If escrow is required or requested, the actual monthly payment will also include amounts of real estate taxes and homeowner’s insurance premium. Only eligible borrowers who meet CoVantage credit and membership requirements may qualify.

Fixed Rate

Effective Date: September 15, 2024
Rate Term APR As Low As Monthly Payment Per $1000
4.625%15 Year4.828%7.71
5.125%20 Year5.287%6.67
5.500%30 Year5.622%5.68

In-House Fixed Rate

Effective Date: September 15, 2024
Rate Term APR As Low As Monthly Payment Per $1000
5.750%5 Year6.310%19.22
5.750%10 Year6.047%10.98
5.750%12 Year6.003%9.63
6.125%15 Year6.337%8.51
6.375%20 Year6.545%7.38

In-House Adjustable Rate

Effective Date: September 15, 2024
Rate Term APR As Low As Monthly Payment Per $1000
5.875%1/1 ARM7.035%5.92
5.875%3/1 ARM6.796%5.92
5.875%5/1 ARM6.601%5.92
6.000%10/1 ARM6.365%6.00

In-House Adjustable Rate First Time Home Buyer

Effective Date: September 15, 2024
Rate Term APR As Low As Monthly Payment Per $1000
5.500%10/1 ARM6.143%$5.68

Interest Only Construction

Effective Date: September 15, 2024
Rate Term APR As Low As Monthly Payment Per $1000
5.000%18 Month Balloon10.424%4.11

Annual Percentage Rate (APR) effective September 15, 2024 and subject to change.

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

$5000 minimum loan amount for titled rates on auto loans. Auto loans under $5000 are subject to unsecured rates and terms.

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

Titled Vehicle & RV Rates include: Titled cars, motorcycles. campers, and boats over 16 feet long. 120 and 180 month terms only available for motorhomes, campers and boats. 

Non-Titled Recreational Vehicle Rates include: Snowmobiles, ATVs, campers, and boats under 16 feet long.

Titled Vehicle & RV Rates

Effective Date: September 15, 2024
Term APR As Low As Monthly Payment Per $1000
24 Month4.990%43.87
36 Month5.140%30.03
48 Month5.240%23.14
60 Month5.340%19.03
66 Month5.340%17.52
72 Month5.990%16.57
84 Month7.640%15.41
120 Month8.240%12.26
180 Month9.240%10.29

Non-Titled Recreational Vehicle Rates

Effective Date: September 15, 2024
Term APR As Low As Monthly Payment Per $1000
24 Month7.940%45.20
36 Month8.440%31.54
48 Month8.590%24.69
60 Month8.840%20.68
72 Month9.090%18.07

Annual Percentage Rate (APR) effective September 15, 2024 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 Loan Rates

Effective Date: September 15, 2024
Term APR As Low As Monthly Payment Per $1000
0-3610.490%$32.50
37-4810.990%$25.84
49-6011.490%$21.99

Annual Percentage Rate (APR) effective September 15, 2024 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.

Home Equity Flex Line of Credit (Variable Rate)

Effective Date: September 15, 2024
Rate Term APR As Low As Monthly Payment Per $1000
7.500%Line of Credit7.500%10.00

Home Equity Flex Fixed Rate Conversion Option

Effective Date: September 3, 2024
Rate Term APR As Low As Monthly Payment Per $1000
6.490%5 Year6.490%19.57
6.990%10 Year6.990%11.61
8.490%15 Year8.490%9.84
9.125%20 Year9.125%9.08

Annual percentage rates (APR) effective September 15, 2024 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.

Kwik Cash

Effective Date: September 15, 2024
Product APR As Low As Monthly Payment Per $1000
Kwik Cash11.950%30.00

Annual percentage rates (APR) effective September 15, 2024 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.

View complete credit card disclosures. 

Credit Cards

Effective Date: September 15, 2024
Product APR As Low As Monthly Payment Per $1000
Great Rate Visa Credit Card 11.490%​​​​​​​Varies
Cash Back Visa Credit Card 16.240%​​​​​​​Varies

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 neighbors great rates on mortgages, rewards credit cards, home equity loans, vehicle loans, and personal loans.

Member Patronage Payments

Each year, our Board of Directors decides how much to set aside to cover deposit dividends, operating costs, and other needs, including investments in technology, so that CoVantage stays relevant and has the growth needed to stay financially strong. Extra revenues are then returned to our member-owners in the form of Patronage, which we've been making since 1980.