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 September 29, 2023 

Rate Index  Term  Level I  Level II  Level III 

Quarterly Adj.  25 Years  7.38%  7.88%  8.38% 
Annual Adj.  25 Years  7.27%  7.77%  8.27% 
3Year Adj.  25 Years  6.67%  7.17%  7.67% 
5Year Adj.  25 Years  6.45%  6.95%  7.45% 
7Year Adj.  25 Years  6.64%  7.14%  7.64% 
10Year Fixed  10 Years  6.76%  7.26%  7.76% 
10Year Adj.  20 Years  7.01%  7.51%  8.01% 
10Year Adj.  25 Years  7.01%  7.51%  8.01% 
25Year Fixed  25 Years  7.51%  8.01%  8.51% 
Established Farmer Real Estate Loan Rates Effective for September 29, 2023 

Rate Index  Quarterly Adj. 

Term  25 Years 
Level I  7.38% 
Level II  7.88% 
Level III  8.38% 
Rate Index  Annual Adj. 
Term  25 Years 
Level I  7.27% 
Level II  7.77% 
Level III  8.27% 
Rate Index  3Year Adj. 
Term  25 Years 
Level I  6.67% 
Level II  7.17% 
Level III  7.67% 
Rate Index  5Year Adj. 
Term  25 Years 
Level I  6.45% 
Level II  6.95% 
Level III  7.45% 
Rate Index  7Year Adj. 
Term  25 Years 
Level I  6.64% 
Level II  7.14% 
Level III  7.64% 
Rate Index  10Year Fixed 
Term  10 Years 
Level I  6.76% 
Level II  7.26% 
Level III  7.76% 
Rate Index  10Year Adj. 
Term  20 Years 
Level I  7.01% 
Level II  7.51% 
Level III  8.01% 
Rate Index  10Year Adj. 
Term  25 Years 
Level I  7.01% 
Level II  7.51% 
Level III  8.01% 
Rate Index  25Year Fixed 
Term  25 Years 
Level I  7.51% 
Level II  8.01% 
Level III  8.51% 
*Reflects interest rate floor.
Guaranteed Loan Purchase Program Rates Effective for September 29, 2023 

Rate Index  BND Net Rate  +  Lead Lender  =Borrower Rate 

Quarterly adjusted  6.63%  +  Service Fee  =Borrower Rate 
1year Adjusted  6.52%  +  Service Fee  =Borrower Rate 
3year Adjusted  5.92%  +  Service Fee  =Borrower Rate 
5year Adjusted  5.70%  +  Service Fee  =Borrower Rate 
7year Adjusted  5.89%  +  Service Fee  =Borrower Rate 
10year Adjusted  6.01%  +  Service Fee  =Borrower Rate 
Guaranteed Loan Purchase Program Rates Effective for September 29, 2023 

Rate Index  Quarterly adjusted 

BND Net Rate  6.63% 
+  + 
Lead Lender  Service Fee 
=Borrower Rate  =Borrower Rate 
Rate Index  1year Adjusted 
BND Net Rate  6.52% 
+  + 
Lead Lender  Service Fee 
=Borrower Rate  =Borrower Rate 
Rate Index  3year Adjusted 
BND Net Rate  5.92% 
+  + 
Lead Lender  Service Fee 
=Borrower Rate  =Borrower Rate 
Rate Index  5year Adjusted 
BND Net Rate  5.70% 
+  + 
Lead Lender  Service Fee 
=Borrower Rate  =Borrower Rate 
Rate Index  7year Adjusted 
BND Net Rate  5.89% 
+  + 
Lead Lender  Service Fee 
=Borrower Rate  =Borrower Rate 
Rate Index  10year Adjusted 
BND Net Rate  6.01% 
+  + 
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 