Rates

Savings & Loan Rates

Rates Effective as of February 4th, 2023

All rates are subject to change at the Credit Union’s Discretion

Mortgage Rates

TERM	RATE	Points	APR*	Monthly Payment Per $1,000
30 Year Fixed	6.675%	0	6.77%	$6.44
20 Year Fixed	6.350%	0	6.48%	$7.37
15 Year Fixed	6.175%	0	6.33%	$8.53
10 Year Fixed	6.00%	0	6.22%	$11.10
5/1 Adjustable Rate Mortgage (up to 970,800)	5.50%	0	5.59%	$5.68
5/1 Adjustable Rate Mortgage (970,800 and above)	5.625%	0	5.72%	$5.75
*30/20/15/10 year fixed rate Finance rates and APRs are valid as of 02/3/2023, and are subject to change without notice. As of 02/3/2023, example $100,000, 15 year fixed-rate conforming mortgage APR is 6.175% with a monthly payment of $8.54 per thousand. APRs are subject to change. Estimated monthly payment does not include taxes and insurance premiums, and the actual monthly payment will be greater. Program is available in New Jersey and eastern Pennsylvania for single family, owner occupied homes and for 2-4 family, owner-occupied homes with a minimum loan amount of $100,000 and a maximum equal to conforming loan limits. There is no annual fee or prepayment penalty fee. Mortgage must be in first lien position. Other restrictions may apply. For questions, please contact our licensed mortgage lending originator at (973)785-9200. An Equal Opportunity Lender. 5/1 Adjustable-rate mortgage (ARM) Finance rates and APRs are valid as of 02/3/2023 and are subject to change without notice. As of 02/3/2023, a sample $100,000, 5/1 ARM conforming mortgage APR is 5.50% with a monthly payment of $5.68 per thousand. APRs are subject to change. Estimated monthly payment does not include taxes and insurance premiums, and the actual monthly payment will be greater. Program is available in New Jersey and eastern Pennsylvania for single family, owner occupied homes and for 2-4 family, owner-occupied homes with a minimum loan amount of $100,000 and a maximum equal to conforming loan limits. Mortgage must be in first lien position. First adjusted interest rate cap 2.00%, Subsequent adjusted interest rate cap 2.00%, rate adjustment frequency of 12 months.

Fixed Home Equity Loan Rates

Term Years		APR* (Annual Percentage Rate)
5 yrs	as low as	5.75%
10 yrs	as low as	6.00%
15 yrs	as low as	6.25%
20 yrs	as low as	6.50%
*APR = Annual Percentage Rate. Stated 5.75% APR applies to a Fixed Rate Home Equity Loan with a term of up to 240 months at 80% Combined Loan to Value (CLTV). A $10,000 Home Equity Loan at 5.75% APR requires 60 monthly payments of $184.17 for principal and interest. Disclosed rates are for applicants with the best credit score. Your rate may be higher.

Home Equity Lines of Credit Rates

Terms		APR* (Annual Percentage Rate)
8 year draw period, 15 year repayment period	as low as	7.75%
Variable annual percentage rate (APR) is calculated based on the Prime Rate as posted in The Wall Street Journal. The current WSJ Prime Rate is 7.75% as of 02/04/2023 . HELOC is a variable rate product with a Max Rate of 18.000% and a Minimum Rate of 3.000%. Margins are set based on the risk associated with the loan and an individual’s or joint credit history. NJFCU Home Equity Line of Credit (HELOC) is available for one to four family structures. Finance charges begin to accrue from the day of the initial advance. The initial draw period is for eight (8) years, the full repayment period is over 15 years. Initial draw must be a minimum of $5,000 and a minimum of $250 for additional draws. Homeowner’s insurance is required; flood insurance is required where applicable. Consult a tax advisor regarding the deductibility of interest. Rates are subject to change.

Unsecured Personal Loan Rates

Term Months		APR* (Annual Percentage Rate)
12 mos.	as low as	12.24%
24 mos.	as low as	12.24%
36 mos.	as low as	12.24%
48 mos.	as low as	12.49%
60 mos.	as low as	12.49%
*APR =Annual Percentage Rate. Rates are subject to change without notice. Rates are for qualified members only. Rates may vary depending on credit, loan amount, and loan term. If you borrow the maximum amount of $15,000.00 at 12.24% for a 60 month term, your minimum monthly payment would be $335.49.

Over Draft Protection (Ready Cash)

Term Months		APR* (Annual Percentage Rate)
N/A	as low as	12.74%
Overdraft protection is available, up to six (6) times per month at $3.00 each due to ACH, ATM or drafts. All transfers will be in exact amounts needed. After 6 transfers the item may be returned and a NSF fee of up to $35.00 may be assessed. For all savings, clubs, and money market account types, there is a $2.00 Reg D Acceptance Fee charged for each transfer or withdrawal made from a North Jersey FCU savings, clubs, and money market accounts beyond the six (6) allowed monthly by the Federal Reserve. Withdrawals or transfers made in person, by mail, by using an ATM, or telephone (if a check is payable to and mailed to the depositor for a withdrawal done via phone) do not count toward the six-per-month limit.

New Auto Loan Rates

Term Months		APR* (Annual Percentage Rate)
12 mos.	as low as	4.50%
24 mos.	as low as	4.50%
36 mos.	as low as	4.50%
48 mos.	as low as	4.75%
60 mos.	as low as	4.75%
72 mos.	as low as	5.25%
84 mos.	as low as	5.75%
APR = Annual Percentage Rate. Rates Are Subject To Change Without Notice And Restrictions May Apply. Rates Apply To New Vehicles. Rates May Vary Depending On Credit, Loan Amount, Loan Term And Value Of Your Vehicle. DMV And Other Fees May Apply. A 5-Year, Fixed-Rate New Car Loan For $25,000 Would Have 60 Monthly Payments Of $504.81 Each, At An Annual Percentage Rate (APR) of 4.50%. Members with auto-pay, direct deposit, and a NJFCU MasterCard credit card may be eligible for an Annual Percentage Rate (APR) deduction up to 0.75%.*Refinancing APR Rates Are Subject To Change Without Notice And Restrictions Apply.

Used Auto Loan Rates

Term Months		APR*
12 mos.	as low as	4.75%
24 mos.	as low as	4.75%
36 mos.	as low as	4.75%
48 mos.	as low as	5.00%
60 mos.	as low as	5.50%
72 mos.	as low as	5.50%
84 mos.	as low as	6.00%
APR = Annual Percentage Rate. Rates Are Subject To Change Without Notice And Restrictions May Apply. Rates Apply To Used Vehicles. Rates May Vary Depending On Credit, Loan Amount, Loan Term And Value Of Your Vehicle. The Year And Mileage Of A Used Car Will Affect Terms And Rates. DMV And Other Fees May Apply. A 5-Year, Fixed-Rate Used Car Loan For $15,000 Would Have 60 Monthly Payments Of $302.88 Each, At An Annual Percentage Rate (APR) Of 3.49%. Members with auto-pay, direct deposit, and a NJFCU MasterCard credit card may be eligible for an Annual Percentage Rate (APR) deduction up to 0.75%.Refinancing APR Rates Are Subject To Change Without Notice And Restrictions Apply. *Refinancing APR Rates Are Subject To Change Without Notice And Restrictions Apply.

Regular Term Share Certificates

30 Days – 12 Months

TERM	30 Days	3 Months	6 Months	9 Months	12 Months
DIVIDENDS Annual Percentage Yield (APY), %	0.05%	0.05%	0.10%	0.10%	0.20%
Dividend Rate, %	0.05%	0.05%	0.10%	0.10%	0.20%
Dividends Credited	Monthly	Monthly	Monthly	Monthly	Monthly
BALANCE REQUIREMENTS Minimum Opening Balance	$1000.00	$1000.00	$1000.00	$1000.00	$500.00
Minimum to Earn APY	$1000.00	$1000.00	$1000.00	$1000.00	$500.00
*We may impose a penalty if you withdraw any of the funds before the maturity date. The penalty will be up to 90 days loss of dividends on the amount withdrawn for term share certificates with terms of 30 days to 6 months, 180 days loss of dividends on the amount withdrawn for term share certificates with terms of over 6 months to 18 months, 270 days loss of dividends on the amount withdrawn for term share certificates with terms of 24 months to 30 months, and 365 days loss of dividends on the amount withdrawn for term share certificates with terms of 36 months to 60 months. You will have a grace period of 3 business days after maturity date to notify NJFCU of your intent to either a) renew your certificate at the prevailing rate, or b) withdraw the funds in the account without being charged an early withdrawal penalty. Withdrawals must be requested in writing. Unless we’re notified otherwise, accounts will auto-renew at current rate & same term.

Regular Term Share Certificates

18 Months – 60 Months

TERM	18 Months	24 Months	30 Months	36 Months	48 Months	60 Months
DIVIDENDS Annual Percentage Yield (APY), %	0.20%	0.30%	0.30%	0.35%	0.40%	0.50%
Dividend Rate, %	0.20%	0.30%	0.30%	0.35%	0.40%	0.50%
Dividends Credited	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly
BALANCE REQUIREMENTS Minimum Opening Balance	$500.00	$500.00	$500.00	$500.00	$500.00	$500.00
Minimum to Earn APY	$500.00	$500.00	$500.00	$500.00	$500.00	$500.00
*We may impose a penalty if you withdraw any of the funds before the maturity date. The penalty will be up to 90 days loss of dividends on the amount withdrawn for term share certificates with terms of 30 days to 6 months, 180 days loss of dividends on the amount withdrawn for term share certificates with terms of over 6 months to 18 months, 270 days loss of dividends on the amount withdrawn for term share certificates with terms of 24 months to 30 months, and 365 days loss of dividends on the amount withdrawn for term share certificates with terms of 36 months to 60 months. You will have a grace period of 3 business days after maturity date to notify NJFCU of your intent to either a) renew your certificate at the prevailing rate, or b) withdraw the funds in the account without being charged an early withdrawal penalty. Withdrawals must be requested in writing. Unless we’re notified otherwise, accounts will auto-renew at current rate & same term.

Individual Retirement Term Share Certificates

Term	6 Months	12 Months	18 Months	24 Months	30 Months	36 Months	60 Months
DIVIDENDS Annual Percentage Yield (APY), %	.10%	.20%	.20%	.30%	.30%	0.35%	0.50%
Dividend Rate, %	.10%	.20%	.20%	.30%	.30%	0.35%	0.50%
Dividends Credited	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly
BALANCE REQUIREMENTS Minimum Opening Balance	$1,000.00	$1,000.00	$1,000.00	$1,000.00	$1,000.00	$1,000.00	$1,000.00
Minimum to Earn APY	$1,000.00	$1,000.00	$1,000.00	$1,000.00	$1,000.00	$1,000.00	$1,000.00
Maximum contributions vary; please consult with your tax advisor. 10% penalty for withdrawals if under 59 1/2 years old or funds not rolled over into another IRA plan within 60 days.

Plan ahead and deposit the funds at your own pace. Whether you reward yourself until your ready to go on vacation or until the holidays arrive. North Jersey FCU will always be willing to help you get a jump start on savings.