DCU - Members' Monthly

Could Refinancing Save You Money?

Second Chance Car Loan
If you like your car but hate its hefty payments, there's a chance DCU can save you money if you financed a car through a dealership or another financial institution. With a DCU Second Chance Car Loan, we can usually cut your payment, save you interest, or both.*

At DCU, it's our goal to help you make the most of your money. A car is likely one of your largest expenses, so we will be happy to evaluate your current vehicle loan for free. If we can't save you money, we'll tell you. If we can save you money, you can refinance your car loan at DCU and start saving right away!

Stop by any branch or send us an email (learn more at dcu.org). We'll give you a free savings estimate. We'll need your:

Remaining loan balance.
Amount of current payment and interest rate.

To learn more about the DCU Second Chance Car Loan, visit dcu.org, stop by any branch, or call our Information Center at the numbers listed in the Contact Us box.

Home Loan Refinancing
If you bought your home at a higher mortgage rate or have a high-rate second mortgage, opportunity is knocking at your front door. Today's mortgage rates and DCU's streamlined loan process make refinancing easy and more affordable.

Refinancing may make sense if today's interest rates are lower than your current interest rate, and the monthly savings in interest can allow you to recoup your up-front costs during the time you anticipate staying in your home.

There are a number of reasons you may wish to refinance:

You want to lower your monthly mortgage payments. By starting fresh with a 30-year mortgage at a lower interest rate, your monthly payments would be lower, but you would lengthen the time before you actually own your home free and clear. Run the numbers to ensure you're still saving in total interest payments.

You want to reduce overall debt. By refinancing for a shorter loan term, you can build equity faster and trim your total interest charges.

DCU can help design a mortgage that meets your needs and makes the most of the current mortgage climate. Talk with one of our mortgage specialists today.

* Actual savings will depend on your personal credit history and account relationship.

Members' Monthly Home

DCU Information Center
508.263.6700 or 800.328.8797

DCU Financial
800.328.8797, ext. 6077

DCU Insurance
800.328.8797, ext. 6978

DCU Realty
888.832.8929

Digital Federal Credit Union
PO Box 9130
Marlborough, MA 01752-9130
508.263.6700 • 800.328.8797 • dcu.org • dcu@dcu.org
TTY 800.395.5146 (For hearing impaired only)

Have you had a good experience with DCU that you want to share with others? Send us an email at dcu@dcu.org or mail it to:

DCU
Attn: Marketing Dept.
PO Box 9130
Marlborough, MA 01752-9130

For direct deposit: routing and transit
# ABA 211391825
Editor: James Paquette
To apply for a Home Equity Loan, Consumer Loan, or Mortgage anytime, call 508.263.6700 or 800.328.8797 (select 3) or visit dcu.org. For a complete listing of DCU's rates, visit our web site at dcu.org or stop by your nearest DCU branch.