Loan Rates
Auto Loans
Auto Loan Rates
Cars, Trucks & SUVsRates effective 1/22/2024
| Loan Term | Annual Percentage Rate | Loan Calculator |
|---|---|---|
| 1 year as low as | 4.80% APR | Calculate Your Payment |
| 2 years as low as | 4.85% APR | Calculate Your Payment |
| 3 years as low as | 4.90% APR | Calculate Your Payment |
| 4 years as low as | 5.30% APR | Calculate Your Payment |
| 5 years as low as | 5.60% APR | Calculate Your Payment |
| 6 years as low as | 5.95% APR | Calculate Your Payment |
| 7 years as low as | 6.50% APR | Calculate Your Payment |
Recreational Vehicle Loans
Recreational Vehicle Loan Rates
Boats, Campers, Motorcycles, 4 Wheelers, Snowmobiles & Motor HomesRates effective 1/22/2024
| Loan Term | Annual Percentage Rate | Loan Calculator |
|---|---|---|
| 3 years as low as | 5.30% APR | Calculate Your Payment |
| 4 years as low as | 5.70% APR | Calculate Your Payment |
| 5 years as low as | 6.00% APR | Calculate Your Payment |
| 6 years as low as | 6.35% APR | Calculate Your Payment |
| 7 years as low as | 6.90% APR | Calculate Your Payment |
| 8-10 years as low as | 8.20% APR | Calculate Your Payment |
| 11-15 years as low as | 8.75% APR | Calculate Your Payment |
Home Equity Rates
Home Equity Rates
Real Estate Loan Rates (Refinance or Second Mortgage)
Secured by Real Estate
Rates effective 1/22/2024
| Loan Term | Annual Percentage Rate | Sample Payments per $10,000 borrowed |
|---|---|---|
| 1-5 years as low as | 6.00% APR* | $193.31 for 60 months |
| 6-10 years as low as | 6.25% APR* | $112.28 for 120 months |
| 11-15 years as low as | 6.50% APR* | $87.12 for 180 months |
| 16-20 years as low as | 6.75% APR* | $76.05 for 240 months |
Home Equity Line of CreditRates effective 10/1/2024 |
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| Variable Rate as low as | 8.00% APR** | Minimum payment: $100 or 1.50% of balance after latest advance, whichever is greater. |
An appraisal may be required at a cost of $400. Additional fees include a title search, flood determination, and recording of the deed. The estimated total charges amount to approximately $1,000.
*(APR) Annual Percentage Rate. Above Real Estate Rates are subject to change without notice. No finance charge fees apply.
** Annual Percentage Rate of Home Equity may vary monthly. The rate is the Wall Street Journal Prime Rate as published on the last business day of the month. The maximum annual percentage rate that may be imposed on a Home Equity Loan is 18.00% APR. No finance charge fees apply, membership eligibility required, and property insurance required. Minimum advance of $500.
Personal Loan Rates
Personal Loan
as low as
8.75%
APR
Effective 12/8/2023
Single Payment Loan
as low as
16.20%
APR
Effective 12/8/2023
Share Secured Loan
as low as
3.50%
APR
Effective 12/8/2023
Freedom Line of Credit
as low as
8.75%
APR
Effective 12/8/2023
Join Us & Experience the OTIS Advantage
If you live, work, worship, or attend school in Androscoggin, Cumberland, Franklin, Kennebec, Lincoln, Oxford, Sagadahoc, Somerset, or York County, you are eligible to become a member of OTIS FCU.
Immediate family members, regardless of geographic location, are also eligible for membership. We look forward to meeting you!