loan rates

Current Loan Rates

NorState Federal Credit Union offers a variety of loan options to serve your needs at competitive rates.
To see current rates, please choose a loan type below:

All rates effective as of 3/18/2024



Vehicle Loans 

Term *APR (as low as) **Approx. Monthly Payment
24 months (20-24) 6.74% $447.80
36 months (20-24) 6.74% $308.45
48 months (20-24) 6.74% $238.93
60 months (20-24) 6.74% $197.35
72 months (20-24) 7.00% $171.00($10,000 or more)
84 Months (20-24) 7.25% $457.87($30,000 or more)

 *See a Loan Officer for rates on Vehicles 2019 or older

  • Annual Percentage Rate varies depending on your credit history and score. See a loan officer for more information and disclosures.
  • ** Monthly payment based on a loan of $10,000 (72 month based on a loan of $10,000, 84 month rate based on a loan of $30,000). 

 

Recreational Vehicle Loans 

Term *APR (as low as) **Approx. Monthly Payment
24 months (20-24) 6.75% $447.85
36 months (20-24) 6.75% $308.50
48 months (20-24) 6.75% $238.98
60 months (20-24) 6.75% $197.40
72 months (20-24) 7.00% $171.00($10,000 or more)
84 Months (20-24) 7.25% $457.87($30,000 or more)

 *See a Loan Officer for  rates on  Vehicles 2019 or older and rates on Boats

  • Annual Percentage Rate varies depending on your credit history and score. See a loan officer for more information and disclosures.
  • ** Monthly payment based on a loan of $10,000 (72 month based on a loan of $10,000, 84 month rate based on a loan of $30,000). 


Camper Loans

Term *APR (as low as) **Approx. Monthly Payment
60 months 6.50% $196.20
72 months 7.00% $168.57($10,000 or more)
84 months(new only) 7.25% $381.56($25,000 or more)
96  to 144 months(new only) 8.00% to 11.50% $567.41(96 mos.) to $515.89(144 mos.)    ($40,000 or more)

*APR - Annual Percentage Rate varies depending on your credit history and score. Rates may change without notice. See a loan officer for more details.
** Monthly payment based on a loan of $10,000 or Loan minimum.

*See a Loan Officer for rates on Campers  2019 or older and rates for Pop-Up Campers



Mortgage Loans

Variable Rate

Term *APR (as low as) *APR (as low as)
  20% Down Payment 10% Down Payment
1 year lock 6.75% APR 7.25% APR
3 year lock 7.00% APR 7.50% APR
5 year lock  7.25% APR 7.75% APR
7 year lock 7.50% APR 8.00% APR


Fixed Rate

Term *APR (as low as) Approx. Monthly Payment* *APR (as low as) **Approx. Monthly Payment
  20% Down Payment   10% Down Payment  
10 year fixed 7.25% APR $942.17 7.75% APR $963.32
15 year fixed 7.75% APR $755.62 8.25% APR $778.96
20 year fixed 8.00% APR $669.16 8.50% APR $694.26
30 year fixed

8.25% APR

$601.02 8.75% APR $629.37

*APR - Annual Percentage Rate. Internal Refinances do not apply.  Rates may change without notice. See a loan officer for more information today! Rates as low as - Depending on your credit history and score.
** Monthly payment based on a loan of $80,000.



Home Equity Loans 

Variable Rate

Interest Only Program ** As Low as 8.50% APR
Home Equity IV ** As Low as  8.50% APR
  • See a loan officer for more information.
  • No prepayment penalties, No minimum withdrawal, No annual fee
  • 1% repayment on outstanding balance
  • Annual Percentage Rate will never exceed 15%
  • ** Annual Percentage Rate is as low as. Rates are determined by your credit score and history.
  • Rates may change without notice.

Fixed Rate(80% LTV)

Term *APR (as low as) **Approx. Monthly Payment
10-Year Fixed 7.75% $120.02
15-Year Fixed 8.00%

$95.57

20-Year Fixed

8.25%

$85.21

* Annual Percentage Rate is as low as. Rates are determined by your credit score and history. Rates may change without notice.
** Monthly payment based on a loan of $10,000.



Personal Loans 

Term *APR (as low as) **Approx. Monthly Payment
up to 60 months 11.90% $223.05(60 month term)

* APR - Annual Percentage Rate may change without notice. Your rate is based on your credit history and score.
** Monthly payment based on a loan of $10,000.



VISA Credit Cards

*APR (as low as)
10.90%     (Variable Rate)

* There are costs associated with the use of this card. To obtain information about these costs, call us(800) 804-7555 or write us at 78 Fox Street, Madawaska ME 04756.