Effective
July 3, 2008
| Home Equity |
APR |
Maximum
Amount |
Maximum
Term |
Maximum
L-T-V |
Payment
per $1,000
|
|
Lines of
Credit* |
4.50% |
N/A |
20 yrs. |
80% |
$3.96 |
|
Loan |
5.99% |
$500,000 |
5 yrs. |
80% |
$19.32 |
|
Loan |
6.25% |
$500,000 |
10 yrs. |
80% |
$11.22 |
|
Loan |
6.50% |
$500,000 |
15 yrs. |
80% |
$8.71 |
*Maximum annual
percentage is 18%.
Freedom Line of
Credit is 0.50% under
WSJ prime for life of
loan. Interest only
payment first 10 yrs.
|
Loan |
Term |
Rate |
Down
Payment |
Payment
per $1,000
|
|
New Car or Truck**
|
|
|
|
|
|
2007 |
72 mo. |
6.50% |
10% |
$16.80 |
|
60 mo. |
6.25% |
0% |
$19.44 |
|
48 mo. |
6.25% |
0% |
$23.59 |
| Used Car or Truck** |
|
|
|
|
|
2006 |
60 mo. |
6.75% |
0% |
$19.91 |
|
2006 |
48 mo. |
6.75% |
0% |
$23.83 |
| 2005-2003 |
60 mo. |
6.50% |
10% |
$19.56 |
| 2005-2003 |
48 mo. |
6.50% |
10% |
$23.71 |
|
2002-2000 |
36 mo. |
6.25% |
20% |
$30.53 |
|
|
|
|
|
| Other Vehicles** |
|
|
|
|
| Current Year |
60 mo. |
9.99% |
20% |
$21.25 |
| Current Year |
48 mo. |
9.25% |
20% |
$25.01 |
**Includes 0.25% discount with automatic loan payment from Freedom checking account.
Rates are subject to change at any time
Fixed Rates
(up to $322,700) |
Rate |
Points |
APR |
Payment
per $1,000 |
Loan to Value*
|
| 15 year Special |
Call our mortgage department (401) 949-1600 for current rates. |
Adjustable Rates
(up to 30 yr. term) |
Rate |
Points |
APR |
Periodic Cap |
Life Cap
|
Payment
per $1,000 |
Loan to Value*
|
| 1 year review |
Call our mortgage department (401) 949-1600 for current rates. |
| 3 year review |
| 5 year review |
Construction
(up to 30 yr. term) |
|
|
|
|
|
|
|
| 1 year review |
Call our mortgage department (401) 949-1600 for current rates. |
| 3 year review |
| 5 year review |
*LTV > 80% require Private Mortgage Insurance
|
