Rates effective February 4, 2013
| New Automobiles and Trucks |
|
Term (Months)
|
APR
|
Monthly Payment per $1,000 Borrowed
|
|
APR
|
Monthly Payment per $1,000 Borrowed
|
| 24 |
2.240% |
$42.65 |
60 |
3.490% |
$18.19 |
| 36 |
2.490% |
$28.86 |
72 |
3.990% |
$15.64 |
| 48 |
2.990% |
$22.13 |
84 |
4.490% |
$13.90 |
Maximum loan amount $50,000 - minimum $5,000. Minimum down payment of $500 required. Vehicles greater than 6 months old are considered used. Age of vehicle, plus loan term cannot exceed seven (7) years. Vehicle must be registered and operated within the State of Maryland. Security Interest Filing with MVA and full insurance coverage with Arundel Federal as the loss payee are required. Auto debited payments are eligible for lower rates, please inquire for details. APR = Annual Percentage Rate.
|
Used Automobiles and Trucks
|
|
|
|
Monthly Payment per $1,000 Borrowed
|
|
|
Monthly Payment per $1,000 Borrowed
|
| 24 |
2.615% |
$42.81 |
60 |
3.865% |
$18.36 |
| 36 |
2.865% |
$29.02 |
72 |
4.365% |
$15.81 |
| 48 |
3.365% |
$22.30 |
84 |
4.865% |
$14.07 |
Maximum loan amount $50,000 - minimum $5,000. Minimum down payment of $500 required. Vehicles greater than 6 months old are considered used. Age of vehicle, plus loan term cannot exceed seven (7) years. Vehicle must be registered and operated within the State of Maryland. Security Interest Filing with MVA and full insurance coverage with Arundel Federal as the loss payee are required. Auto debited payments are eligible for lower rates, please inquire for details. APR = Annual Percentage Rate.
|
New and Used Boats
|
| Term (Months) |
APR
|
Monthly Payment per $1,000 Borrowed
|
Term (Months) |
APR
|
Monthly Payment per $1,000 Borrowed
|
| 60 |
6.75% |
$19.68 |
120 |
7.25% |
$11.74 |
Maximum loan amount $40,000 - minimum $3,000. Minimum down payment of 35% of the lesser of book value or purchase price is required. Vessel must be registered and operated within the State of Maryland. Security Interest Filing with DNR and full insurance coverage with Arundel Federal as the loss payee are required. APR = Annual Percentage Rate.
|
Personal Loans
|
|
12.00% APR
|
Minimum loan amount $500 - Maximum $5,000. Maximum loan term is 3 years. Loans of $3,500 or less are subject to shorter terms. Call 410-768-7800 for details. Monthly payment per $1000 borrowed at 12% for 36 months is $33.21.
APR = Annual Percentage Rate.