Loan Rates

Rates and yields are effective as of Wednesday, September 23, 2020.

Home Equity Loans:

Fixed Annual Percentage Rate Term of Loan
3.49% 36 months
3.74% 60 months
3.99% 84 months
4.24% 120 months
4.49% 180 months
5.49% 240 months
  • At 3.49%, the payment for each $1000 borrowed over a period of 36 months is $29.30.
    For a $20,000 loan at 3.49% for 36 months, the payment would be $585.95 per month.
  • At 3.74%, the payment for each $1000 borrowed over a period of 60 months is $18.30.
    For a $20,000 loan at 3.74% for 60 months, the payment would be $365.99 per month.
  • At 3.99%, the payment for each $1000 borrowed over a period of 84 months is $13.66.
    For a $20,000 loan at 3.99% for 84 months, the payment would be $273.28 per month.
  • At 4.24%, the payment for each $1000 borrowed over a period of 120 months is $10.24.
    For a $20,000 loan at 4.24% for 120 months, the payment would be $204.78 per month.
  • At 4.49%, the payment for each $1000 borrowed over a period of 180 months is $7.64.
    For a $20,000 loan at 4.49% for 180 months, the payment would be $152.90 per month.
  • At 5.49%, the payment for each $1000 borrowed over a period of 240 months is $6.87.
    For a $20,000 loan at 5.49% for 240 months, the payment would be $137.46 per month.

Residential Mortgages

Fixed Annual Percentage Rate Term of Loan
3.625% 180 months
3.75% 240 months
3.875% 360 months
  • At 3.625%, the payment for each $1000 borrowed over a period of 180 months is $7.22.
    For a $100,000 loan at 3.625% for 180 months, the payment would be $721.04 per month.
  • At 3.75%, the payment for each $1000 borrowed over a period of 240 months is $5.93.
    For a $100,000 loan at 3.75% for 240 months, the payment would be $592.89 per month.
  • At 3.875%, the payment for each $1000 borrowed over a period of 360 months is $4.71.
    For a $100,000 loan at 3.875% for 360 months, the payment would be $470.24 per month.

Personal Installment Loans:

Fixed Annual Percentage Rate Maximum Term
13%* 36 months

*For personal installment loans under $1000, the rate is 17% and requires a $10 application fee.

  • At 13%, the payment for each $1000 borrowed over a period of 36 months is $33.69.
    For a $5000 loan at 13% for 36 months, the payment would be $168.47 per month.

 New & Leftover Vehicle Loans:

Fixed Annual Percentage Rate Maximum Term Downpayment Required
4.50% 60 months 25 %
  • At 4.50%, the payment for each $1000 borrowed over a period of 60 months is $18.64.
    For a $20,000 loan at 4.50% for 60 months, the payment would be $372.86 per month.

Used Vehicle Loans:

Vehicle Age: up to 2 years
Fixed Annual Percentage Rate 6.00 %
Maximum Term 48 months
Downpayment Required 30 %
Vehicle Age: up to 3 years
Fixed Annual Percentage Rate 7.00 %
Maximum Term 36 months
Downpayment Required 30 %
Vehicle Age: up to 4 years
Fixed Annual Percentage Rate 7.00 %
Maximum Term 24 months
Downpayment Required 30 %
Vehicle Age: up to 5 years
Fixed Annual Percentage Rate 8.00 %
Maximum Term 24 months
Downpayment Required 50 %

* It may be more economical to finance your vehicle with a home equity loan.

  • At 6.00%, the payment for each $1000 borrowed over a period of 48 months is $23.49.
    For a $10,000 loan at 6.00% for 48 months, the payment would be $234.85 per month.
  • At 7.00%, the payment for each $1000 borrowed over a period of 36 months is $30.88.
    For a $10,000 loan at 7.00% for 36 months, the payment would be $308.77 per month.
  • At 7.00%, the payment for each $1000 borrowed over a period of 24 months is $44.77.
    For a $5,000 loan at 7.00% for 24 months, the payment would be $223.86 per month.
  • At 8.00%, the payment for each $1000 borrowed over a period of 24 months is $45.23.
    For a $5,000 loan at 8.00% for 24 months, the payment would be $226.14 per month.