Period:
11/1/2025 - 12/31/2025
Fresh Water Program
Market Rate
Loan Terms 5 to 20 Years: 4.45%
Loan Terms 21 to 30 Years: 4.71%
Fresh Water Program
Community Assistance
Loan Terms 5 to 20 Years: 1.75%
Loan Terms 21 to 30 Years: 2.00%
Loan Advance Program
Loan Term up to 3 Years: 3.87%
WPCLF and DWAF (WSRLA) Rates
Loan Terms 5 to 20 Years
Standard Rate: 3.20%
WPCLF Small Systems: 2.70%
DWAF Small Systems: 2.70%
Loan Terms 21 to 30 Years
Standard Rate: 3.41%
WPCLF Small Systems: 2.91%
DWAF Small Systems: 2.91%
Loan Terms 31 to 45 Years *
Standard Rate: 3.56%
WPCLF Small Systems: 3.06%
* Applies to WPCLF Program only.
Refinance Rates
Estimated as of October 30th, 2025*
10 Year Term Tax-Exempt: 2.68%
20 Year Term Tax-Exempt: 3.15%
30 Year Term Tax-Exempt: 3.72%
10 Year Term Taxable: 4.16%
20 Year Term Taxable: 4.79%
30 Year Term Taxable: 5.52%
* Rates are based on the market rate as of the date listed and using the weighted average maturity (“WAM”) for each loan term. Based upon an assumed level payment amortization, a 10-year loan is estimated to have a WAM of 5 years, a 20-year loan a WAM of 11 years and a 30-year loan a WAM of 16 years.
The OWDA Board meets the last Thursday of the month during January to October; and the second Thursday in the month of December. Applications are due the 1st of the month that the loan will be approved. For December approval, the loan application is due on November 1st.
Refinance loan applications are accepted on open cycle.