Interest Rates

Open Interest Rates

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

Length (years) Full Term
1-5 4.15%
6-8 Engine 4.50%
6-10 4.75%
11-15 5.20%
16-20 5.55%
21-25 5.85%
26-30 6.05%

Closed Interest Rates


Length (years) Full Term *10 Yr Term *5 Yr Term *3 Yr Term
1-5 3.75% -- 3.75% 3.70%
6-10 3.95% 3.95% 3.85% 3.75%
11-15 4.40% 4.25% 3.90% 3.75%
16-20 4.70% 4.50% 3.95% 3.75%
21-25 5.00% 4.50% 3.95% 3.75%
26-30 5.20% 4.50% 3.95% 3.75%