|
loan rates
effective as of: January 11, 2012
Automobiles - Trucks1,2 (Down payment of 20% may be required)
| Model Year |
Term |
Interest Rate |
APR |
Payment |
| 2007 - 2012 |
36 months |
4.55% |
4.717% |
$298.44 |
| 2007 - 2012 |
48 months |
4.75% |
4.878% |
$229.74 |
| 2007 - 2012 |
60 months |
5.09% |
5.196% |
$189.61 |
| 2007 - 2012 ($25,000 min.) |
72 months |
5.59% |
5.679% |
$164.22 |
| 2002 - 2006 |
24 months |
5.95% |
6.198% |
$444.10
|
| 2002 - 2006 |
36 months |
6.25% |
6.421% |
$306.13 |
Motorcycles1,2 (Down payment of 30% may be required)
| Model Year |
Term |
Interest Rate |
APR |
Payment |
| 2012 - 2011 (New) |
48 months |
9.25% |
9.395% |
$250.73 |
| 2011 - Older (Used) |
36 months |
9.75% |
9.936% |
$322.37 |
Snowmobile, ATV, PWC Loans1,2 (Down payment of 30% may be required)
| Model Year |
Term |
Interest Rate |
APR |
Payment |
| 2012 - 2011 (New) |
36 months |
9.75% |
9.940% |
$322.39 |
| 2011 - Older (Used) |
24 months |
10.25% |
10.528% |
$463.89 |
Boats (27' or less), Motors, Trailers1,2 (Down payment of 25% may be required)
| Model Year |
Term |
Interest Rate |
APR |
Payment |
| 2012 - 2011 (New) |
48 months |
9.55% |
9.698% |
$252.18 |
| 2011 - Older (Used) |
36 months |
10.55% |
10.743% |
$326.17 |
Loans for motorhomes and other recreation vehicles available.
Home Equity Installment Loan2,3
| Term |
Interest Rate |
APR |
Payment |
| 5 years5,7 |
4.24% |
4.244% |
$185.27 |
| 10 years4,5 |
5.54% |
5.545% |
$108.75 |
| 5 yr/20 yr amortization4,5 |
6.04% |
6.044% |
$71.90 |
1Requires a Lake Elmo Bank checking account or automatic payment from a Lake Elmo Bank account. Normal credit qualifications and some additional restrictions apply. Monthly payment based on a $10,000 loan plus a $25.00 processing fee. Other rates and terms available, contact a personal banker at 651-777-8365.
2All loans subject to credit approval.
Home Equity Line of Credit2
| Product |
Interest Rate |
Max APR |
| 10 year variable6 |
Prime + 1.50% variable |
12.95% |
2All loans subject to credit approval.
3Requires a Lake Elmo Bank checking account or automatic payment from a Lake Elmo Bank account. Monthly payment is based on a $10,000 loan.
4Customer pays for property valuation. No additional closing costs for loans of $100,000 or less.
5Rates and closing costs based on 80% loan-to-value (LTV) or less. Insurance may be required. For assistance in calculating your LTV please contact a personal banker. Other rates and terms may be available.
6Customer pays for property valuation. No additional closing costs for loans of $50,000 or less, insurance may be required. Rates and closing costs based on 70% LTV or less. Rate is based on Wall Street Prime Rate, with a maximum APR of 12.95% and minimum APR of 4.50%. The current rate is the minimum APR of 4.50%. Rate is subject to change. Other rates and terms may be available. For assistance calculating LTV please contact a personal banker.
7Customer pays for all closing costs.
|
