Loan Rates
When you're borrowing money, you want the best value possible. Because Scient FCU is owned by its members, we're able to offer highly competitive rates on loans to help you finance the most important purchases in your life.
| Type | Term | Annual Percentage Rate (APR) as low as |
How to apply |
|---|---|---|---|
| New or Used | up to 60 months | 5.74% |
We offer loans over 60 months. Please Contact Us for details.
For example, a loan of $20,000 has 60 monthly payments of $384.24 with an APR of 5.74%.
*APR = Annual Percentage Rate. Rate effective as of January 25, 2023. Rates, terms, and conditions are subject to change. Other rates and terms are available. All loans are subject to credit approval. Your overall creditworthiness may determine the interest rate available to you. Fees and charges may apply.
| Type | Term | Annual Percentage Rate (APR) as low as |
How to apply |
|---|---|---|---|
| 24-60 months | as low as 6.74% |
For example, a loan of $30,000 has 60 monthly payments of $590.36 with an APR of 6.74%.
*APR = Annual Percentage Rate. Rates subject to change without notice. All loans are subject to credit approval. Your overall creditworthiness may determine the interest rate available to you. Fees and charges may apply.
| Type | Term | Annual Percentage Rate (APR) as low as |
How to apply |
|---|---|---|---|
| 60 months | as low as 8.24% |
For example, a loan of $30,000 has 60 monthly payments of $611.74 with an APR of 8.24%.
*APR = Annual Percentage Rate. Rates subject to change without notice. All loans are subject to credit approval. Your overall creditworthiness may determine the interest rate available to you. Fees and charges may apply.
| Product | Term | Annual Percentage Rate (APR) as low as |
How to apply |
|---|---|---|---|
| Signature Loan Special | 60 months | 9.99%* | |
| Signature Loan Special | 48 months | 12.39%* |
APR = Annual Percentage Rate. *9.99% APR offered for credit scores 680 and above. For example the monthly payment on a $10,000 60-month, personal loan at 9.99% APR is $212.42. Maximum loan amount allowed is $20,000. *12.39% APR offered for credit scores 640-679. For example the monthly payment on a $5,000 48-month, personal loan at 12.39% APR is $132.63. Maximum loan amount allowed is $5,000. Rate may vary and will be determined by your credit score. Other restrictions may apply. Rates effective January 5 - February 28, 2023.
| Product | Term | Annual Percentage Rate (APR) as low as |
How to apply |
|---|---|---|---|
| Personal Line of Credit | Revolving | 5.99% APR for the first 12 months |
*APR = Annual Percentage Rate. This is a revolving line of credit. There will be an introductory APR of 5.99% for the first 12 months from the account opening date for qualifying members with a credit score of 720 or above. After the first 12 months, your rate will increase to a minimum of Prime plus 4.99%, but no higher than 18.00%. Your rate will be based upon adding a margin to the Prime Rate depending upon your credit score. The current Prime Rate is 8.00% as of February 2, 2023. Minimum line of credit is $5,000. Maximum line of credit is $35,000.00 based on your credit score. There is an annual fee of $25.00 which is waived for the first year. Other fees and charges may apply.
| Product | Terms | Annual Percentage Rate (APR) |
How to apply |
|---|---|---|---|
| Fixed Rate Mortgages | Various terms available | ||
| Adjustable Rate Mortgages | Various terms available | ||
| SMARTChoice Mortgages | Various terms available | ||
| No Closing Cost Mortgages* | Various terms available |
| Product | Terms | Annual Percentage Rate (APR) |
How to apply |
|---|---|---|---|
| 5-year Home Equity | 5 year | 4.50% / 4.654% APR |
|
| 10-year Home Equity | 10 year | 4.99% / 5.034% APR |
|
| 15-year Home Equity | 15 years | 5.50% / 5.571% APR |
|
| 20-year Home Equity | 20 years | 6.00% / 6.063% APR |
*APR = Annual Percentage Rate. Rates effective as of December 27, 2022. A $20,000 5-year fixed loan at 4.50% will have a principal and interest payment of $372.86 and APR of 4.654%. A $20,000, 10-year fixed loan at 4.99% will have a principal and interest payment of $212.03 and APR of 5.034%; A $20,000, 15-year fixed loan at 5.50% will have a principal and interest payment of $163.42 and APR of 5.571%; A $20,000, 20-year fixed loan at 6.00% will have a principal and interest payment of $143.29 and APR of 6.063%; APRs may be higher due to per diem interest. Up to 80% LTV/CLTV for qualified loan. $10,000 Minimum Loan Amount. All loans are subject to credit approval. Your overall creditworthiness may determine the interest rate available to you. Fees and charges may apply. Rates, terms and conditions are subject to change.
| Product | Terms | Annual Percentage Rate (APR) |
How to apply |
|---|---|---|---|
| HELOC Up to 80% loan-to-value |
Minimum draw $10,000 |
| Product | Term | Annual Percentage Rate (APR) as low as |
How to apply |
|---|---|---|---|
| Executive Reserve Account/Line of Credit | Revolving | 12.00% | |
| Certificate-Secured Loan | Varies | 2.00% over Certificate rate |
*APR = Annual Percentage Rate. Rates subject to change without notice. All loans are subject to credit approval. Your overall creditworthiness may determine the interest rate available to you. Fees and charges may apply.
| Product | Term | Annual Percentage Rate (APR) | How to apply |
|---|---|---|---|
| Consumer Credit Cards | Revolving | ||
| Business Credit Cards | Revolving |
Rates subject to change without notice. All loans are subject to credit approval. Your overall creditworthiness may determine the interest rate available to you. Fees and charges may apply.
Scient FCU is a full-service credit union with branches in Groton and New Haven Connecticut.
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