Navy Federal Credit Union vs U.S. Bank National Association
Both lenders' 2025 filings, side by side: the rate and the fees their borrowers actually got, and what the difference is worth over 7 years.
Over 7 years on a $245,000 loan, the median terms at U.S. Bank National Association come out $11,906 cheaper.
U.S. Bank National Association costs more at closing, so it only pulls ahead in month 10 — 10 months in. Leave sooner and the other side was the cheaper one.
Same loan on both sides — $245,000 over 30 years — priced at each lender's median rate and median fees for 2025. It is not a quote: HMDA records what borrowers received, and the two lenders serve different borrowers.
7.650%
Median rate
- Median fees
- $2,534
- Disclosed APR here
- 7.757%
- Cost over 7 years
- $129,029
- Loans in 2025
- 80,547
- Bought discount points
- 6.4%
- Purchases / refinances
- 37.7% / 16.0%
U.S. Bank National Association
6.875%
Median rate
- Median fees
- $4,053
- Disclosed APR here
- 7.040%
- Cost over 7 years
- $117,123
- Loans in 2025
- 74,635
- Bought discount points
- 21.6%
- Purchases / refinances
- 41.8% / 26.0%
Fees and rate trade against each other. 6.4% of Navy Federal Credit Union borrowers bought discount points, against 21.6% at U.S. Bank National Association — paying up front to lower the rate shows up as higher fees and a lower rate at once, which is exactly what the seven-year figure above is built to settle. Run your own two offers
Where both of them lend
The states where the two overlap most, by combined volume. Same market, same rules, different numbers.
| State | Navy Federal Credit Union | U.S. Bank National Association | Median fees, Navy Federal Credit Union | Median fees, U.S. Bank National Association |
|---|---|---|---|---|
| California | 6,361 | 16,136 | — | $4,621 |
| Florida | 8,416 | 2,279 | $2,972 | $5,610 |
| Virginia | 9,684 | 880 | $2,066 | $4,493 |
| North Carolina | 5,249 | 1,134 | $2,619 | $4,136 |
| Illinois | 1,532 | 4,571 | $2,621 | $3,213 |
| Texas | 4,267 | 1,599 | $3,069 | $7,287 |
| Washington | 2,289 | 3,524 | $2,418 | $4,834 |
| Georgia | 5,118 | 687 | $2,362 | $3,423 |
| Ohio | 1,830 | 3,965 | $2,795 | $3,642 |
| Maryland | 5,163 | 463 | $2,050 | $3,690 |
| Minnesota | 465 | 4,538 | $2,576 | $3,695 |
| Missouri | 1,087 | 3,622 | $2,130 | $2,985 |
Figures are medians of loans actually originated in , as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for % of loans here — see methodology.