Interest Rates
Rates are subject to change daily. All rates are set at the time of loan funding.
Ag/Business Loans
Established Farmer Real Estate Loan Rates Effective for December 11, 2023 

Rate Index  Term  Level I  Level II  Level III 

Quarterly Adj.  25 Years  7.28%  7.78%  8.28% 
Annual Adj.  25 Years  7.03%  7.53%  8.03% 
3Year Adj.  25 Years  6.38%  6.88%  7.38% 
5Year Adj.  25 Years  6.19%  6.69%  7.19% 
7Year Adj.  25 Years  6.40%  6.90%  7.40% 
10Year Fixed  10 Years  6.49%  6.99%  7.49% 
10Year Adj.  20 Years  6.74%  7.24%  7.74% 
10Year Adj.  25 Years  6.74%  7.24%  7.74% 
25Year Fixed  25 Years  7.24%  7.74%  8.24% 
Established Farmer Real Estate Loan Rates Effective for December 11, 2023 

Rate Index  Quarterly Adj. 

Term  25 Years 
Level I  7.28% 
Level II  7.78% 
Level III  8.28% 
Rate Index  Annual Adj. 
Term  25 Years 
Level I  7.03% 
Level II  7.53% 
Level III  8.03% 
Rate Index  3Year Adj. 
Term  25 Years 
Level I  6.38% 
Level II  6.88% 
Level III  7.38% 
Rate Index  5Year Adj. 
Term  25 Years 
Level I  6.19% 
Level II  6.69% 
Level III  7.19% 
Rate Index  7Year Adj. 
Term  25 Years 
Level I  6.40% 
Level II  6.90% 
Level III  7.40% 
Rate Index  10Year Fixed 
Term  10 Years 
Level I  6.49% 
Level II  6.99% 
Level III  7.49% 
Rate Index  10Year Adj. 
Term  20 Years 
Level I  6.74% 
Level II  7.24% 
Level III  7.74% 
Rate Index  10Year Adj. 
Term  25 Years 
Level I  6.74% 
Level II  7.24% 
Level III  7.74% 
Rate Index  25Year Fixed 
Term  25 Years 
Level I  7.24% 
Level II  7.74% 
Level III  8.24% 
*Reflects interest rate floor.
Guaranteed Loan Purchase Program Rates Effective for December 11, 2023 

Rate Index  BND Net Rate  +  Lead Lender  =Borrower Rate 

Quarterly adjusted  6.53%  +  Service Fee  =Borrower Rate 
1year Adjusted  6.28%  +  Service Fee  =Borrower Rate 
3year Adjusted  5.63%  +  Service Fee  =Borrower Rate 
5year Adjusted  5.44%  +  Service Fee  =Borrower Rate 
7year Adjusted  5.65%  +  Service Fee  =Borrower Rate 
10year Adjusted  5.74%  +  Service Fee  =Borrower Rate 
Guaranteed Loan Purchase Program Rates Effective for December 11, 2023 

Rate Index  Quarterly adjusted 

BND Net Rate  6.53% 
+  + 
Lead Lender  Service Fee 
=Borrower Rate  =Borrower Rate 
Rate Index  1year Adjusted 
BND Net Rate  6.28% 
+  + 
Lead Lender  Service Fee 
=Borrower Rate  =Borrower Rate 
Rate Index  3year Adjusted 
BND Net Rate  5.63% 
+  + 
Lead Lender  Service Fee 
=Borrower Rate  =Borrower Rate 
Rate Index  5year Adjusted 
BND Net Rate  5.44% 
+  + 
Lead Lender  Service Fee 
=Borrower Rate  =Borrower Rate 
Rate Index  7year Adjusted 
BND Net Rate  5.65% 
+  + 
Lead Lender  Service Fee 
=Borrower Rate  =Borrower Rate 
Rate Index  10year Adjusted 
BND Net Rate  5.74% 
+  + 
Lead Lender  Service Fee 
=Borrower Rate  =Borrower Rate 
Student Loans
DEAL Student Loan (ND Rates) These interest rates are effective October 1 through December 31, 2023. 

Student/College Information  Loan Fee  Fixed Interest Rate  Fixed APR*  Variable Interest Rate**  Variable APR* 

ND student attending a ND college  0%  6.81%  6.40%  6.90%  6.48% 
ND student attending an outofstate college  0%  6.81%  6.40%  6.90%  6.48% 
Outofstate student attending a ND college  0%  6.81%  6.40%  6.90%  6.48% 
DEAL Student Loan (ND Rates) These interest rates are effective October 1 through December 31, 2023. 

Student/College Information  ND student attending a ND college 

Loan Fee  0% 
Fixed Interest Rate  6.81% 
Fixed APR*  6.40% 
Variable Interest Rate**  6.90% 
Variable APR*  6.48% 
Student/College Information  ND student attending an outofstate college 
Loan Fee  0% 
Fixed Interest Rate  6.81% 
Fixed APR*  6.40% 
Variable Interest Rate**  6.90% 
Variable APR*  6.48% 
Student/College Information  Outofstate student attending a ND college 
Loan Fee  0% 
Fixed Interest Rate  6.81% 
Fixed APR*  6.40% 
Variable Interest Rate**  6.90% 
Variable APR*  6.48% 
DEAL Student Loan (NonND Rates) These interest rates are effective October 1 through December 31, 2023. 

Student/College Information  Loan Fee  Fixed Interest Rate  Fixed APR*  Variable Interest Rate**  Variable APR* 

Outofstate student attending a college in WI, MN, SD, WY or MT  3.75%  7.81%  7.70%  7.90%  7.78% 
Student from WI, MN, SD, WY or MT attending school outside of ND  3.75%  7.81%  7.70%  7.90%  7.78% 
DEAL Student Loan (NonND Rates) These interest rates are effective October 1 through December 31, 2023. 

Student/College Information  Outofstate student attending a college in WI, MN, SD, WY or MT 

Loan Fee  3.75% 
Fixed Interest Rate  7.81% 
Fixed APR*  7.70% 
Variable Interest Rate**  7.90% 
Variable APR*  7.78% 
Student/College Information  Student from WI, MN, SD, WY or MT attending school outside of ND 
Loan Fee  3.75% 
Fixed Interest Rate  7.81% 
Fixed APR*  7.70% 
Variable Interest Rate**  7.90% 
Variable APR*  7.78% 
DEAL One Loan (ND Rates) These interest rates are effective October 1 through December 31, 2023. 

Loan Fee  Fixed Interest Rate  Fixed APR*  Variable Interest Rate**  Variable APR* 

0%  6.81%  6.80%  6.90%  6.89% 
DEAL One Loan (ND Rates) These interest rates are effective October 1 through December 31, 2023. 

Loan Fee  0% 

Fixed Interest Rate  6.81% 
Fixed APR*  6.80% 
Variable Interest Rate**  6.90% 
Variable APR*  6.89% 
DEAL Consolidation Loan (NonND Rates) These interest rates are effective October 1 through December 31, 2023. 

Loan Fee  Fixed Interest Rate  Fixed APR*  Variable Interest Rate**  Variable APR* 

3.75%  7.81%  8.65%  7.90%  8.74% 
DEAL Consolidation Loan (NonND Rates) These interest rates are effective October 1 through December 31, 2023. 

Loan Fee  3.75% 

Fixed Interest Rate  7.81% 
Fixed APR*  8.65% 
Variable Interest Rate**  7.90% 
Variable APR*  8.74% 
Career Education & Alternative Learning (CEAL) Program These interest rates are effective October 1 through December 31, 2023. 

Loan Fee  Fixed Interest Rate  Fixed APR*  Variable Interest Rate**  Variable APR* 

2.00%  6.81%  6.62%  6.90%  6.70% 
Career Education & Alternative Learning (CEAL) Program These interest rates are effective October 1 through December 31, 2023. 

Loan Fee  2.00% 

Fixed Interest Rate  6.81% 
Fixed APR*  6.62% 
Variable Interest Rate**  6.90% 
Variable APR*  6.70% 
Prime Rate
Prime Rate  
Provider  Prime Rate  Effective Date 

Bank of North Dakota Base Rate  8.50%  07/27/2023 
Prime Rate  
Provider  Bank of North Dakota Base Rate 

Prime Rate  8.50% 
Effective Date  07/27/2023 