Loans and Mortgages Rates
Mortgage
Thrivent Financial Bank provides some of the lowest combinations of mortgage rates and fees available along with the highest quality of customer service.
Check our current mortgage interest rates, and we'll provide current rates and estimated costs for all the loan types that you may be eligible for and help decide which is right for you.
Home Equity Fixed Rate
The following home equity loans are offered at Thrivent Financial Bank.
| Available Terms | Loan-to-Value Ratio (%) | Fixed Simple Interest Rate (%) | Annual Percentage Rate (APR) (%) | Repayment Terms1 |
|---|---|---|---|---|
| Up to 240 months | Less than 79.9 | As low as 6.50 | As low as 6.59 | A $20,000.00 home equity loan with a simple interest rate of 6.50% and a corresponding APR of 6.59% for 240 months equates to a monthly principal and interest payment of $149.11. |
| Up to 240 months | 80.0 – 89.9 | As low as 7.75 | As low as 7.85 | A $20,000.00 home equity loan with a simple interest rate of 7.75% and a corresponding APR of 7.85% for 240 months equates to a monthly principal and interest payment of $164.19. |
Please consult your tax advisor regarding the deductibility of interest and charges on your home equity loan. Automatic payment from a Thrivent Financial Bank checking account is required to obtain the disclosed rate. Add 0.50% to all rates if another payment option is selected. Other terms and payment options available. Rates are subject to change without notice. Property insurance required.
1 The terms of repayment of the loan disclosed represent an example of credit terms currently made available to clients and prospective clients of Thrivent Financial Bank. An application is subject to underwriting criteria that may impact the actual terms and conditions of your loan request.
Home Equity Total Line of Credit
Thrivent Financial Bank's Home Equity Total Line of Credit2 has a variable rate, with fixed-rate options that stays competitive with the market. Additional features include:
- Total revolving line available for withdrawal up to 15 years.
- You have the option to lock in a rate for up to 3 portions of your credit line at a time.
- Access funds easily with a no-fee Access card, check, phone, mail or in person.
- Lines available up to 89.9% loan to value (LTV).
| Available Terms | Loan-to-Value Ratio (%) | Annual Percentage Rate (APR2) (%) |
|---|---|---|
| Up to 180 months | Less than 79.9 | As low as 5.00 |
| Up to 180 months | 80.0 – 89.9 | As low as 5.00 |
2 The Prime Rate as of July 26, 2010 is 3.25% , with a corresponding variable Annual Percentage Rate (APR) as low as 5.00% and assumes automatic payment. Add 0.50% to the APR without automatic payment from a Thrivent Financial Bank checking account. For loans of 79.9% loan-to-value or less. Certain restrictions apply. Application required and normal criteria apply. This rate is subject to change on the first of the month, but will not be lower than 5.00% and in no case will exceed 26%. You may incur closing costs of $0.00 to $500.00. $50.00 annual inactivity fee waived first year. Property insurance is required. Minimum periodic payments of monthly bills are credited as interest only payments. Interest only payments made during the term of the loan may not fully amortize the outstanding balance and may result in a balloon payment. Consult your tax advisor regarding the deductibility of interest. Subject to change without notice. Home Equity Lines of Credit are not offered in TX. The minimum Annual Percentage Rate that will apply to the rate lock for up to three portions is 5.50%, with a maximum of 26%.
Bridge Loans
A bridge loan can be a good solution when you're waiting for your current home to sell, but need money for the down payment on a new home. Contact a Personal Banker for details.
New Vehicles
New car loans available at a rate as low as 4.74% Annual Percentage Rate (APR).
Certain restrictions apply. Application required and normal credit criteria apply. Quoted rate is for a new car purchase (2010) up to a 48-month term and requires automatic loan payment from your Thrivent Financial Bank checking account. Add 0.50% to all rates if another payment option is selected. An example of credit terms for this offer is: A $20,000.00 loan for 48 months at 4.74% has a monthly payment of $458.23. Rate current as of July 26, 2010, and is subject to change without notice. Other rates and payment options available. Contact a Personal Banker for complete information on our new and used car loan programs and options.
Used Vehicles
Used vehicle loans are based on NADA guide book retail value and actual loan terms may vary based on the age of the vehicle and qualifications of the applicant.
New Personal Loans3 (2010)
The interest rate and annual percentage rate are fixed for the term of the loan. A down payment of 10% is required.
| Available Terms | Annual Percentage Rate (APR) with ACH (%) | Repayment Terms4 |
|---|---|---|
| 1 – 48 Months | 5.99 | A $20,000.00 personal loan at 5.99% for 48 months equates to a monthly payment of $469.61. |
| 49 – 60 Months | 6.25 | A $20,000.00 personal loan at 6.25% for 60 months equates to a monthly payment of $388.99. |
| 61 – 72 Months | 6.75 | A $20,000.00 personal loan at 6.75% for 72 months equates to a monthly payment of $338.58. |
| 73 – 84 Months | 7.00 | A $20,000.00 personal loan at 7.00% for 84 months equates to a monthly payment of $301.85. |
| 85 – 120 Months | 7.50 | A $20,000.00 personal loan at 7.50% for 120 months equates to a monthly payment of $237.40. |
3 Thrivent Financial Bank offers personal installment loans for luxury/travel trailers 18 feet or longer, motorcycles and boats. Please contact a Personal Banker for details and interest rates for snowmobiles, campers under 18 feet and personal watercraft.
4 The terms of repayment disclosed above represent an example of credit terms for a 2010 installment loan that are currently made available to qualified clients and qualified prospective clients of Thrivent Financial Bank. Automatic payment from a Thrivent Financial Bank checking account is required to obtain the disclosed rate. Add 0.50% to all rates if another payment option is selected. All loans are subject to credit application, qualification and approval. Offer is subject to end without prior notice.
Older Personal Loans3 (2004 – 2009)
The interest rate and annual percentage rate are fixed for the term of the loan. A down payment of 20% is required.
| Available Terms | Annual Percentage Rate (APR) with ACH (%) | Repayment Terms5 |
|---|---|---|
| 1 – 36 Months | 7.25 | A $20,000.00 personal loan at 7.25% for 36 months equates to a monthly payment of $619.83. |
| 37 – 48 Months | 7.50 | A $20,000.00 personal loan at 7.50% for 48 months equates to a monthly payment of $483.58. |
| 49 – 60 Months | 8.00 | A $20,000.00 personal loan at 8.00% for 60 months equates to a monthly payment of $405.53. |
| 61 – 72 Months | 8.25 | A $20,000.00 personal loan at 8.25% for 72 months equates to a monthly payment of $353.11. |
3 Thrivent Financial Bank offers personal installment loans for luxury/travel trailers 18 feet or longer, motorcycles and boats. Please contact a Personal Banker for details and interest rates for snowmobiles, campers under 18 feet and personal watercraft.
5 The terms of repayment disclosed above represent an example of credit terms for a 2004 – 2009 installment loan that are currently made available to qualified clients and qualified prospective clients of Thrivent Financial Bank. Automatic payment from a Thrivent Financial Bank checking account is required to obtain the disclosed rate. Add 0.50% to all rates if another payment option is selected. All loans are subject to credit application, qualification and approval. Offer is subject to end without prior notice.