Loan Rates

Auto Loans

Auto Loan Rates

Cars, Trucks & SUVs
Rates effective 7/25/2022
Loan TermAnnual Percentage RateLoan Calculator
1 year as low as 2.65% APRCalculate Your Payment
2 years as low as2.70% APRCalculate Your Payment
3 years as low as2.75% APRCalculate Your Payment
4 years as low as3.15% APRCalculate Your Payment
5 years as low as3.45% APRCalculate Your Payment
6 years as low as3.55% APRCalculate Your Payment

Recreational Vehicle Loans

Recreational Vehicle Loan Rates

Boats, Campers, Motorcycles, 4 Wheelers, Snowmobiles & Motor Homes
Rates effective 7/25/2022
Loan TermAnnual Percentage RateLoan Calculator
3 years as low as2.75% APRCalculate Your Payment
4 years as low as3.15% APRCalculate Your Payment
5 years as low as3.45% APRCalculate Your Payment
6 years as low as3.55% APRCalculate Your Payment
7 years as low as4.10% APRCalculate Your Payment
8-10 years as low as5.65% APRCalculate Your Payment
11-15 years as low as6.20% APRCalculate Your Payment

Home Equity Rates

Home Equity Rates

Real Estate Loan Rates (Refinance or Second Mortgage)


Secured by Real Estate
Rates effective 8/8/2022
Loan TermAnnual Percentage RateSample Payments per $10,000 borrowed
1-5 years as low as3.75% APR*$184.00 for 60 months
6-10 years as low as4.40% APR*$104.00 for 120 months
11-15 years as low as5.35% APR*$82.00 for 180 months
16-20 years as low as5.50% APR*$70.00 for 240 months

Home Equity Line of Credit


Rates effective 8/1/2022
Variable Rate as low as5.50% 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

1-5 years as low as

8.40%

APR
Effective 7/1/2022

Single Payment Loan

1 year as low as

16.20%

APR
Effective 11/9/2018

Share Secured Loan

1-6 years as low as

3.00%

APR
Effective 1/21/2022

Draft-a-matic Loan

Variable Rate

8.50%**

APR
Effective 5/1/2022

** The annual percentage rate (APR) is based on the Wall Street Journal Prime Rate plus 5%. The APR will change semi annually on the 1st day of May and November.

How can OTIS work for you?

If you live, work, worship, or attend school in Franklin County, Canton, Fayette, Hartford, Leeds, Livermore, Livermore Falls, Mount Vernon, Readfield, Turner, Vienna, or Wayne, you’re eligible to be part of OTIS FCU – and we’d love to have you join our community.