Auto Loan Rates 1

Loan Type Up to 36 mos. APR as low as 37-60 mos. APR as low as 61-72 mos. APR as low as 73-84 mos. APR as low as 85-96 mos. APR as low as
New Vehicle 1.79% 2.19% 2.29% 4.69% 5.59%
Late Model Used Vehicle 2.19% 2.29% 3.79% N/A N/A
Used Vehicle 3.79% 3.79% 4.19% N/A N/A

Rates as of May 09, 2021 ET.

Boat, Motorcycle and RV Loan Rates 2

Loan Type up to 36 mos. APR as low as 37-60 mos. APR as low as 61-72 mos. APR as low as 73-84 mos. APR as low as 84-180 mos. APR as low as
New Boat 5.95% 7.95% 7.95% 7.95% 7.95%
Used Boat 7.45% 8.00% 8.00% 8.90% 8.90%
New Motorcycle 6.95% 6.95% 6.95% 8.30% n/a
Used Motorcycle 6.99% 9.05% 9.05% n/a n/a
Other Eligible Vehicles 7.99% 7.99% 8.80% 8.80% 8.80%

Rates as of May 09, 2021 ET.


Certificate Special Offers3

Certificate special offers
Product Minimum Deposit Term Dividend Rate APY
Special EasyStartSM Certificate $50 12 months 2.96% 3.00%

Short Term Certificate Rates (Share, IRA, ESA)4

Term $1k Minimum APY $10k Minimum APY $20k Minimum APY $100k Minimum APY
3 Months 0.40% 0.40% 0.40% 0.45%
6 Months 0.45% 0.45% 0.45% 0.50%
9 Months 0.50% 0.50% 0.50% 0.55%
12 Months 0.55% 0.55% 0.55% 0.60%
18 Months 0.55% 0.55% 0.55% 0.60%
24 Months 0.55% 0.55% 0.55% 0.60%

The APY is an annualized rate that reflects estimated dividend earnings based on the dividend rate and frequency of compounding. Penalties may apply for early withdrawals from certificate accounts. Offering rates may change. Dividends compounded daily, credited monthly.

Long Term Certificate Rates (Share, IRA, ESA)4 

Term $1k Minimum APY $10k Minimum APY $20k Minimum APY $100k Minimum APY
3 Years 0.70% 0.70% 0.70% 0.75%
 4 Years 0.70% 0.70% 0.70% 0.75%
5 Years 0.90% 0.90% 0.90% 0.95%
7 Years 0.90% 0.90% 0.90% 0.95%

The APY is an annualized rate that reflects estimated dividend earnings based on the dividend rate and frequency of compounding. Penalties may apply for early withdrawals from certificate accounts. Offering rates may change. Dividends compounded daily, credited monthly.

SaveFirst Certificate Rates4

SaveFirst Account
Product Minimum Deposit Term Dividend Rate APY
SaveFirst Account $5.00 3–60 Months 0.40% 0.40%

The APY is an annualized rate that reflects estimated dividend earnings based on the dividend rate and frequency of compounding. Penalties apply for early withdrawals from certificate accounts. Offering rates may change. Dividends compounded daily, credited monthly.

EasyStart Certificate Rates (Share, IRA and ESA)4 

EasyStart Certificate Rates
Term Minimum Deposit Dividend Rate APY
6 Month $50 0.40% 0.40%
12 Month $50 0.50% 0.50%
18 Month $50 0.50% 0.50%
24 Month $50 0.50% 0.50%

The APY is an annualized rate that reflects estimated dividend earnings based on the dividend rate and frequency of compounding.
Penalties apply for early withdrawals from certificate accounts. Offering rates may change. Dividends compounded daily, credited monthly.


Money Market Savings Account (MMSA) Rates — Savings, IRA & ESA4

Minimum Deposit Dividend Rate APY
$0 - $2,499 0.00% 0.00%
$2,500 - $9,999 0.40% 0.40%
$10,000 - $24,999 0.45% 0.45%
$25,000 - $49,999 0.45% 0.45%
$50,000 and over 0.45% 0.45%

Compounded and credited monthly. Must maintain a minimum daily balance of $2,500 to earn dividends. Rates on variable rate accounts(i.e. Share Savings, Checking, and MMSA) could change after account opening. Fees may reduce earnings.

Jumbo Money Market Savings Account (MMSA) Rates — Savings & IRA4

Minimum Deposit Dividend Rate APY
$0 - $99,999 0.25% 0.25%
$100,000 - $249,999 0.50% 0.50%
$250,000 and over 0.50% 0.50%

Compounded and credited monthly. Rates on variable rate accounts(i.e. Share Savings, Checking, and MMSA) could change after account opening. Fees may reduce earnings.

Savings Account Rates4

Product Minimum Deposit Term Dividend Rate APY Compounded & Credited
Share Savings Account $5.00 None 0.25% 0.25% Monthly
IRA Share Accounts (ESA, Roth, SEP And Traditional) None None 0.25% 0.25% Monthly

Fees may reduce earnings. Offering rates may change.


Checking Account Rates4

Product Minimum Deposit Dividend Rate APY
Free Everyday Checking None 0.010% 0.010%
Free Active Duty Checking None 0.050% 0.050%
Free Campus Checking None 0.050% 0.050%
Free Easy Checking None 0.050% 0.050%
Flagship Checking $0.00 to $9,999** 0.350% 0.350%
Flagship Checking $10,000 to $24,999 0.400% 0.400%
Flagship Checking $25,000 and over 0.450% 0.450%

Rates on variable rate accounts (i.e., Savings, Checking and MMSA) could change after account opening. Fees may reduce earnings. Offering rates may change. Compounded and credited monthly. 
** 
Must maintain an average daily balance of $1,500 to earn dividends. 

Checking Protection Rates

Product APR as low as
Checking Line of Credit 13.9%

Write yourself a loan, anytime, up to your approved credit limit, plus have checking protection for your checking account.
Rates based on creditworthiness, so your rate may differ. Rates range from 13.9% APR to 17.9% APR.
Repayment terms of 2% of outstanding balance or $20, whichever is greater.


Credit Card Rates

Credit Card APR as low as
Visa Signature® Flagship Rewards 9.99%
cashRewards Visa/Mastercard 9.65%
Navy Federal More Rewards American Express® Card 9.65%
GO REWARDS® Visa/Mastercard 8.99%
Platinum Visa/Mastercard 5.99%
nRewards® Secured Visa/Mastercard 18.00%

Rates are based on product type and creditworthiness, so your rate may differ. Please see the Terms and Conditions for more details. Variable APRs apply to purchases, balance transfers, and convenience checks. The APR applicable to cash advance transactions will be a variable cash advance APR up to 2% higher than the APR for purchases. No fees for ATM cash advances if performed at a Navy Federal branch or an ATM. Otherwise, $0.50 per domestic transaction or $1.00 per foreign transaction. $49 annual fee for Visa Signature® Flagship Rewards.


Conventional Fixed Mortgage Rates 5

Special Update for Mortgage Applicants: Due to a high volume of applications, it may take us longer than normal to respond. We’re working to process applications to the best of our ability. Thanks for your patience.

Term Interest Rates As Low As Discount Points APR As Low As
15 Year 2.125% 0.500 2.338%
15 Year Jumbo 2.375% 0.500 2.589%
30 Year 2.750% 0.750 2.887%
30 Year Jumbo 2.875% 0.750 3.013%

Rates as of May 09, 2021 ET.

Rates subject to change.

Rates are based on an evaluation of credit history, so your rate may differ. For primary residences and second homes only. Rates quoted above require a 1.00% loan origination fee. The origination fee may be waived for a 0.25% increase in the interest rate. Rates displayed are the as low as rates for purchase loans and refinances of existing Navy Federal loans. Rates for refinance loans where the existing lender is not Navy Federal are subject to a 0.750% higher rate.

Rates for refinance loans where the existing lender is not Navy Federal are subject to a 0.750% higher rate.

VA Loan Rates 6

Term Interest Rates As Low As Discount Points APR As Low As
15 Year 2.125% 0.250 2.591%
30 Year 2.250% 0.500 2.519%

Rates as of May 09, 2021 ET.

Rates subject to change.

Rates quoted above require a 1.00% loan origination fee. The origination fee may be waived for a 0.25% increase in the interest rate. Maximum loan amounts for VA loans are determined by property location. All VA loans are subject to a funding fee of up to 3.6% of the loan amount.

Rates displayed are the as low as rates for purchase loans and refinances of existing Navy Federal loans. Rates for refinance loans where the existing lender is not Navy Federal are subject to a 0.750% higher rate.

Rates for refinance loans where the existing lender is not Navy Federal are subject to a rate of 0.750 additional percentage points.

Adjustable Rate Mortgage Loans7

Adjustable Rate Mortgage Loans
Term Interest Rates As Low As Discount Points APR As Low As
3/5 Conforming ARM 2.125% 0.250 2.739%
3/5 Jumbo ARM 2.125% 0.250 2.840%
5/5 Conforming ARM 2.500% 0.250 2.873%
5/5 Jumbo ARM 2.500% 0.250 2.873%

Rates subject to change.

Rates are based on an evaluation of credit history, so your rate may differ. For primary residences and second homes. Adjustable rate mortgages are variable, and your annual percentage rate may increase or decrease after the original fixed rate period. All rates quoted above require a 1.00% loan origination fee, which may be waived for a 0.25% increase in the interest rate. Payments on all ARMs are based on a 30-year amortization.

3/5 and 5/5 ARM Loans: Mortgage insurance is not required. The minimum down payment for a two-unit property is 10%. Rates displayed are the as low as rates for purchase loans and refinances of existing Navy Federal loans. Rates for refinance loans where the existing lender is not Navy Federal are subject to a 0.750% higher rate.

Rates for refinance loans where the existing lender is not Navy Federal are subject to a 0.750% higher rate.

5/5 Conforming ARM Payment Example7

Loan Amount: $250,000 Term: 30 years

Year Interest Rate APR Monthly Payment
Taxes and insurance not included; therefore, the actual payment obligation will be greater.

Homebuyers Choice Loan Rates 8

Term Interest Rates As Low As Discount Points APR As Low As
30 Year 4.125% 0.500 4.403%
30 Year Jumbo 4.500% 0.500 4.784%

Rates as of May 09, 2021 ET.

Rates subject to change.

Rates are based on an evaluation of credit history, so your rate may differ.
All Conforming and Jumbo HomeBuyers Choice rates quoted above require a 1.00% loan origination fee. The origination fee may be waived for a 0.25% increase in the interest rate. All Conforming and Jumbo HomeBuyers Choice loans are subject to a funding fee of 1.75% of the loan amount. This funding fee can be financed into the loan up to a maximum of 101.75% LTV, or the fee can be waived for a 0.375% increase in the interest rate. Purchase loans require no down payment. LTV restrictions apply to refinance loans.

Purchase loans require no down payment. LTV restrictions apply to refinance loans. Rates displayed are the as low as rates for purchase loans and refinances of existing Navy Federal loans. Rates for refinance loans where the existing lender is not Navy Federal are subject to a 0.750% higher rate.

Rates for refinance loans where the existing lender is not Navy Federal are subject to a 0.750% higher rate.

Military Choice Loan Rates 9

Term Interest Rates As Low As Discount Points APR As Low As
30 Year 4.000% 0.500 4.276%
30 Year Jumbo 4.375% 0.500 4.657%

Rates as of May 09, 2021 ET.

Rates subject to change.

Rates are based on an evaluation of credit history, so your rate may differ.
All Military Choice rates quoted above require a 1.00% loan origination fee. The origination fee may be waived for a 0.25% increase in the interest rate. All Miiltary Choice loans are subject to a funding fee of 1.75% of the loan amount. This funding fee can be financed into the loan up to a maximum of 101.75% LTV, or the fee can be waived for a 0.375% increase in the interest rate. Purchase loans require no down payment. LTV restrictions apply to refinance loans.

Purchase loans require no down payment. LTV restrictions apply to refinance loans. Rates displayed are the as low as rates for purchase loans and refinances of existing Navy Federal loans. Rates for refinance loans where the existing lender is not Navy Federal are subject to a 0.750% higher rate.

Rates for refinance loans where the existing lender is not Navy Federal are subject to a 0.750% higher rate.

Note: to be eligible for Military Choice at least one borrower must be Active Duty or a veteran.

Rates, discount points and terms are based on an evaluation of each member's credit history, loan-to-value (LTV), occupancy, payment type, loan amount and loan purpose, so your rate and terms may differ. All loans are subject to credit approval. Questions? Please contact Navy Federal at 1-888-842-NFCU (6328).

Navy Federal also offers home loans for investment properties. When reviewing quotes from other lenders, make certain you obtain the discount points and any origination fees for comparison with Navy Federal's rates. APRs reflect down payment/equity, unless otherwise noted.

Conforming Loans

Loan amounts up to $548,250. In AK, HI, Guam and the Virgin Islands the Conforming loan limit is $822,375.

Jumbo Loans

Loan amounts greater than $548,250. The Jumbo rates quoted above are for loan amounts above $548,250 up to $2,000,000. The maximum loan amount for Jumbo HomeBuyers Choice or Military Choice loans is $1,000,000.

Two-Unit Properties

The minimum down payment for a two-family property is 15% (excludes 3/5 and 5/5 ARM products, see above). Conforming loan limit for two-family properties is $702,000. In AK, HI, Guam and the Virgin Islands the Conforming loan limit for two-family properties is $1,053,000.

Cash-Out Refinance

Any refinance mortgage where the proceeds will be used to pay any debt other than debt used in the purchase of the home is considered a cash-out refinance. Additional discount points will apply to cash-out loans, which are based on credit history and loan-to-value. Cash-Out Refinance is not allowed on Choice products.

Other 

Loans with subordinate financing and loans secured by condominium properties may require additional discount points. Conforming loans secured by two-unit properties are subject to an additional 1.00% discount point. Manufactured homes are subject to an additional 0.50% discount point.

Rate Lock Policy

PURCHASE LOANS

The Long Term/Extended Price Lock - Commitments for Purchase Loans - Available for Conventional and VA Loans. Fee is non-refundable, and if charged to the discount points, it must be collected up-front for Conventional loans. The Long Term/Extended Price Lock option must be selected at time of lock and is not eligible for the Special Freedom Lock Promotion for purchase and refinance loans unless otherwise stated below.

  • 90 days - additional 1/8 discount point
  • 120 days - additional 1/4 discount point or 1/8% in rate
  • 180 days - additional 1 discount point or 1/4% in rate

PURCHASE AND REFINANCE LOANS

The Standard Price Lock - Commitment is 60 days from the lock date at no additional cost.

The Float to Lock Option

If you select the Float to Lock Commitment, it means that you want to allow the interest rate and/or discount points to float with the market. You must lock in your interest rate and/or discount points at least seven (7) calendar days prior to settlement/closing.

The Freedom Lock Option

The Freedom Lock Option is available on refinance and purchase loans for a non-refundable 0.250% fee added to the origination. You will have the opportunity to relock one time if rates improve, with no maximum interest rate reduction. The fee must be collected up-front. VA Loans are not eligible for the Freedom Lock Option.

The Special Freedom Lock Promotion

The Special Freedom Lock Promotion is a limited-time offer and subject to change at any time. Offer is available for new loan applications at no additional fee, with a maximum interest rate reduction of up to 0.500%. You will have the opportunity to relock twice if rates improve, and your loan must close within your initial lock commitment period. The Special Freedom Lock option is available for:

  • Refinance applications (maximum 60-day lock commitment period)
  • Purchase applications (60- or 90- day initial lock commitment period only)

Personal Loan Rates

Repayment Terms APR as low as 
Up to 36 months 7.49%
37 to 60 months 14.79%
60 to 180 months 15.29%

Rates based on creditworthiness, so your rate may differ. Terms greater than 60 months available for home improvement. $25,000 minimum amount financed for 61 to 84 months. $30,000 minimum for amount financed over 84 months. 
Payment Example: A loan amount of $5,000 for 36 months has a payment range from $156 to $183 and finance charge range from $623 to $1,598. 

Shares Secured Loan Rates

Repayment Terms APR as low as 
Up to 60 months Share rate plus 2.00%
61 to 180 months Share rate plus 3.00%

Payment Example: Share rate plus 2.00%. Loan amount of $3,000 at 2.25% APR for 60 months has a payment of $53.
Maintain a balance in your share savings account that is equal to the balance of your loan. As you pay down the loan, fewer shares are required to be secured.

Certificate Pledged Loan Rates

Repayment Terms APR as low as 
Up to 60 months Certificate rate plus 2.00%

Payment Example: Certificate rate plus 2.00%. Loan amount of $3,000 at 4.05% APR for 60 months has a payment of $56.
Shares within a Share, Money Market Share or Jumbo Certificate are pledged for the loan. The amount of the loan cannot exceed the number of shares in the certificate. The loan term must be equal to or less than the certificate term.


Disclosures

1

Credit and collateral subject to approval. Rates subject to change and are based on creditworthiness, so your rate may differ.
New Vehicles: 2020, 2021 and 2022 model years with 7,499 miles or less. Minimum loan amount is $30,000 for terms of 85-96 months.
Payment example: New auto loan of $20,000 for 36 months at 1.79% APR will have a monthly payment of $572.
Late Model Used Vehicles: 2020, 2021 and 2022 model years with 7,500-30,000 miles.
Used Vehicles: 2019 and older model years or any model year with over 30,000 miles.
If the vehicle is 20 years or older based on the model year, the vehicle is considered classic or antique and subject to collateral loan rates.

2

Credit and collateral subject to approval. Rates subject to change and are based on creditworthiness, so your rate may differ. Boat and recreational vehicles must be used for recreational purposes only.
Boats: New boat loan of $20,000 for 3 years at 5.95% APR will have a monthly payment of $611.
$25,000 minimum amount financed for 61-84 months. $30,000 minimum amount financed over 84 months.
New Motorcycles: 2020, 2021 and 2022 model years with less than 1,000 miles. New motorcycle loan of $15,000 for 3 years at 6.95% APR will have a monthly payment of $465.
$25,000 minimum amount financed for 61-72 months. $30,000 minimum amount financed for 73-84 months.
Used Motorcycles: 2019 and older model years, or more than 1,000 miles regardless of title history. $25,000 minimum amount financed for 61-72 months.
Other Collateral: Loan for other collateral of $15,000 for 3 years at 7.99% APR will have a monthly payment of $473.
$25,000 minimum amount financed for 61-84 months. $30,000 minimum amount financed for over 84 months. Collateral loans available for up to 180 months for home improvement on your primary residence.

3

Limit one Special EasyStart Certificate per member. APY accurate as of 05/09/2021. Navy Federal reserves the right to end or modify this offer at any time. Penalty for early withdrawal. The Special EasyStart Certificate has a $50 minimum balance and a $3,000 maximum balance. Additional deposits are allowed at any time, subject to the maximum balance. Certificate owner(s) age 18 and older must have Direct Deposit of Net Pay or payroll allotment and a Navy Federal checking account within 90 days of the certificate issue date. If these requirements have not been satisfied by the 90th day, your Special EasyStart Certificate dividend rate will be reduced to the prevailing dividend rate of the 12-month EasyStart Certificate for the remainder of the certificate’s term. 

4

Rates as of 05/09/2021.

5

A fixed-rate loan of $250,000 for 15 years at 2.125% interest and 2.338% APR will have a monthly payment of $1,623.
A fixed-rate loan of $250,000 for 30 years at 2.750% interest and 2.887% APR will have a monthly payment of $1,020.
Taxes and insurance not included; therefore, the actual payment obligation will be greater. All loans subject to credit approval.
Jumbo Loans: Loan amounts greater than $548,250. In AK and HI, the Conforming loan limit is $822,375. The Jumbo rates quoted above are for loan amounts above $548,250 up to $2,000,000.

6

A VA loan of $250,000 for 15 years at 2.125% interest and 2.591% APR will have a monthly payment of $1,623.
A VA loan of $250,000 for 30 years at 2.250% interest and 2.519% APR will have a monthly payment of $955.
Taxes and insurance not included; therefore, the actual payment obligation will be greater. If you have less than your VA home loan entitlement, limitations to your loan amount may apply.

7

Adjustable Rate Mortgages are variable, and your Annual Percentage Rate (APR) may increase after the original fixed-rate period. The First Adjusted Payments displayed are based on the current Constant Maturity Treasury (CMT) index, plus the margin (fully indexed rate) as of the stated effective date rounded to nearest 1/8th of one percent. All loans subject to credit approval.

8

A Homebuyers Choice loan of $250,000 for 30 years at 4.125% interest and 4.403% APR will have a monthly payment of $1,211. Taxes and insurance not included; therefore, the actual payment obligation will be greater. All loans subject to credit approval.
Jumbo Loans: Loan amounts greater than $548,250. In AK and HI the Conforming loan limit is $822,375. The Jumbo rates quoted above are for loan amounts above $548,250 up to $1,000,000.

9

A Military Choice loan of $250,000 for 30 years at 4.000% interest and 4.276% APR will have a monthly payment of $1,193. Taxes and insurance not included; therefore, the actual payment obligation will be greater. All loans subject to credit approval.
Jumbo Loans: Loan amounts greater than $548,250. In AK and HI, the Conforming loan limit is $822,375. The Jumbo rates quoted above are for loan amounts above $548,250 up to $1,000,000.