LOAN RATES
(POSTED 5-2-2011)

Share loans are 4%

New auto loan rates
2011+2012:

2.99% 36 months
2.99% 48 months
2.99% 60 months

*72 Months is now available 
for new auto loans $25,000.00 and over.

 Used auto loan rates
 2005 -2011

3.49%  24 Months
3.49% 36 months
4.24% 48 months
4.24% 60 months

 
*Restrictions apply, contact your Credit Union for details
** One time loan modifications may apply for existing new or used auto loans 
(application process applies). This offer will be valid until March 30, 2012. 
Call your Credit Union for details.
 Signature loans:
6.00% 12 months
8.00% 24 months
10.00% 36 months
11.00% 48months
13.00% 60 months
Used auto loan rates
2004 - 2007:

7 .00% 24 months
7.50% 36 months
8. 00% 48 months
8.50% 60 months
All rates subject to change without notice.4/23/2011
Discounts may apply for qualifying borrowers.
Pay Advance Loans  maximum payback is 3 months and interest rate is 18.00%  with a $30 processing fee.
Elgin Mental Health Center Employees' Credit Union Fee Schedule

Free online Loan Calculator

The results of this loan payment calculator are for comparison purposes only.
 They will be a close approximation of actual loan repayments if available at the terms entered,
from EMHC Employees Credit Union.
This is being provided for you to plan your next loan application.
To use, enter values for the Loan Amount,
Number of Months for Loan, and the Interest Rate (e.g. 7.25), and click the Calculate button.
Clicking the Reset button will clear entered values.

Description Data Entry
Loan Amount
Loan Length in Months
Interest Rate
Monthly Payment Calculated
Enter only numeric values (1 2 3 0  etc. no commas)
 use decimal points where needed.
Non-numeric values will cause errors.

BENEFITS

 

                
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