Credit union · NCUA insured
Breakwater Federal Credit Union Auto Loan Rates
Top CarrotBreakwater Federal Credit Union auto loans start at 4.71% APR for a new vehicle and 5.21% for a used one. Rates checked October 16, 2026.
How Breakwater Federal Credit Union’s auto loan rates compare
Compared with banks and credit unions near Houghton, MI, where Breakwater Federal Credit Union has the most branches. New vehicle, lowest advertised APR first.
This credit union’s lowest
Breakwater Federal Credit Union
4.71%APR
- Terms
- up to 60 months
- Up to
- —
New Auto (2025-2026)
2nd-lowest rate
Peninsula Federal Credit Union
4.85%APR
- Terms
- up to 60 months
- Up to
- 17.95% APR
Breakwater Federal Credit Union auto loan score
85
Auto loan score
Higher than 71% of U.S. banks and credit unions
- New vehicleNew4.71%
- Used vehicleUsed5.21%
Each track runs from the highest to the lowest rate among U.S. banks and credit unions; the dot is this rate.
Where Breakwater Federal Credit Union ranks
By auto loan score, in each area where it has branches
Every rate
Current auto loan rates
Rates from the credit union’s website. Most are “as low as” rates for the best credit; yours depends on your credit, the term and the vehicle.
New Auto (2025-2026)
Rates are 'as low as', subject to credit approval and vary depending on credit score. Fixed rates with fixed terms ranging from 12 to 84 months. 100% financing options available. APRs are based on a sample loan of $20,000 with a processing fee of $100.
| Terms | APR | Conditions |
|---|---|---|
| up to 24 months | 4.74% | Rate is 'as low as'. APR based on a sample loan of $20,000 with a $100 processing fee. Subject to credit approval. |
| up to 36 months | 4.58% | Rate is 'as low as'. APR based on a sample loan of $20,000 with a $100 processing fee. Subject to credit approval. |
| up to 48 months | 4.76% | Rate is 'as low as'. APR based on a sample loan of $20,000 with a $100 processing fee. Subject to credit approval. |
| up to 60 months | 4.71% | Rate is 'as low as'. APR based on a sample loan of $20,000 with a $100 processing fee. Subject to credit approval. |
| up to 72 months | 4.92% | Rate is 'as low as'. APR based on a sample loan of $20,000 with a $100 processing fee. Subject to credit approval. |
| up to 84 months | 5.65% | Rate is 'as low as'. APR based on a sample loan of $20,000 with a $100 processing fee. Subject to credit approval. |
Sources (2)
All captured Oct 5, 2026
Used Auto (2017 and Older)
Rates are 'as low as', subject to credit approval and vary depending on credit score. Fixed rates with fixed terms. 100% financing options available. APRs are based on a sample loan of $20,000 with a processing fee of $100.
| Terms | APR | Conditions |
|---|---|---|
| up to 24 months | 6.49% | Rate is 'as low as'. APR based on a sample loan of $20,000 with a $100 processing fee. Subject to credit approval. |
| up to 36 months | 6.34% | Rate is 'as low as'. APR based on a sample loan of $20,000 with a $100 processing fee. Subject to credit approval. |
| up to 48 months | 6.51% | Rate is 'as low as'. APR based on a sample loan of $20,000 with a $100 processing fee. Subject to credit approval. |
| up to 60 months | 6.46% | Rate is 'as low as'. APR based on a sample loan of $20,000 with a $100 processing fee. Subject to credit approval. |
Sources (2)
All captured Oct 5, 2026
Used Auto (2018-2024)
Rates are 'as low as', subject to credit approval and vary depending on credit score. Fixed rates with fixed terms ranging from 12 to 84 months. 84 month term may be available for 2023-2025 vehicles. 100% financing options available. APRs are based on a sample loan of $20,000 with a processing fee of $100.
| Terms | APR | Conditions |
|---|---|---|
| up to 24 months | 4.99% | Rate is 'as low as'. APR based on a sample loan of $20,000 with a $100 processing fee. Subject to credit approval. |
| up to 36 months | 5.08% | Rate is 'as low as'. APR based on a sample loan of $20,000 with a $100 processing fee. Subject to credit approval. |
| up to 48 months | 5.00% | Rate is 'as low as'. APR based on a sample loan of $20,000 with a $100 processing fee. Subject to credit approval. |
| up to 60 months | 5.21% | Rate is 'as low as'. APR based on a sample loan of $20,000 with a $100 processing fee. Subject to credit approval. |
| up to 72 months | 5.43% | Rate is 'as low as'. APR based on a sample loan of $20,000 with a $100 processing fee. Subject to credit approval. |
| up to 84 months | 5.90% | Rate is 'as low as'. APR based on a sample loan of $20,000 with a $100 processing fee. Subject to credit approval. 84 month term may be available for 2023-2025 vehicles. |
Sources (2)
All captured Oct 5, 2026
Who can join Breakwater Federal Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Membership is open to anyone who lives, works, worships, attends school, or regularly conducts business in Houghton, Keweenaw, or Baraga County.
Cost to join
- $25 share deposit required for business accounts.
- $25 share deposit required for organization accounts.
- $25 share deposit required for Regular/Prestige personal accounts.
- $5 share deposit required for Youth Saver/Teen Saver personal accounts.
Membership information collected October 5, 2026.