Interest Rates

Open Interest Rates

Effective January 1st, 2019 (applicable to loans approved on or after this date while these rates remain in effect)

Length (years) Full Term
1-5 4.40%
6-8 Engine 4.80%
6-10 5.05%
11-15 5.50%
16-20 5.85%
21-25 6.15%
26-30 6.35%

Closed Interest Rates


Length (years) Full Term *10 Yr Term *5 Yr Term *3 Yr Term
1-5 4.15% -- 4.15% 4.05%
6-10 4.35% 4.35% 4.25% 4.10%
11-15 4.75% 4.60% 4.30% 4.15%
16-20 5.10% 4.85% 4.35% 4.15%
21-25 5.40% 4.85% 4.35% 4.15%
26-30 5.60% 4.85% 4.35% 4.15%