PenFed Credit Union – Apply for a Loan
Contact Information
Company
Pentagon Federal Credit Union
Address
7940 Jones Branch Drive, McLean, VA 22102
Website
https://www.penfed.org
PenFed Credit Union – Repayment Schedule
Estimated monthly payments at APR 7.99%. Actual payment is determined at loan approval.
| Amount \ Term | 12 mo. | 24 mo. | 36 mo. | 60 mo. |
|---|---|---|---|---|
| $5,000 USD | $434.92 | $226.11 | $156.66 | $101.36 |
| $10,000 USD | $869.84 | $452.23 | $313.32 | $202.72 |
| $15,000 USD | $1,304.76 | $678.34 | $469.98 | $304.07 |
| $20,000 USD | $1,739.68 | $904.45 | $626.64 | $405.43 |
| $25,000 USD | $2,174.60 | $1,130.57 | $783.29 | $506.79 |
| $30,000 USD | $2,609.51 | $1,356.68 | $939.95 | $608.15 |
Representative Example
Loan Amount
$5,300 USD
Repayment Term
60 months
APR
7.99%
Monthly Payment
$107.44
Total Interest Cost
$1,146.37
Total Amount Payable
$6,446.37
* This example is for illustrative purposes. APR includes the interest rate and any applicable fees. Actual terms are determined upon signing the loan agreement.
Quick Overview
Loan Amount
$600 USD – $50,000 USD
Term
12 – 60 months
APR from
7.99%
Approval
1-2 business days
Eligible Age
18+ years
Online Application
Yes
Eligibility Requirements
- ✓ Age 18+ years
- ✓ US resident
- ✓ Open PenFed savings account ($5)
- ✓ FICO 670+ for best rates
- ✓ Verifiable income
Loan Features
- No origination fees
- Loans from $600 to $50,000
- Open membership
- Joint applicants accepted
- Same-day decisions for members
Ready to apply?
Go to PenFed Credit Union Official Site ad