Salom Coop Bank New Hampshire
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Consumer Loan Rates

CONSUMER LOAN RATES
July 06, 2017

RATE

APR - ANNUAL
PERCENTAGE RATE

Amount Per $1000

QUALIFIERS

EQUITY LOANS

Variable Rate Home Equity Line of Credit

4.250%

@ Prime

10 year repayment

4.250%

Maximum APR 18%

 

Single family, owner occupied
Max. loan-to-value - 80%

Minimum Amount $10,000

15 year term

5 year draw period

*See Repayment Disclosure below

Fixed Rate Home Equity

Line of Credit

10 yr. Repayment 4.990% 4.990%
$10.60

Single family, owner occupied

Max. loan-to-value - 80%

Minimum Amount $10,000

15 year term

5 yr. draw period

VEHICLE LOANS

New 2017 Auto Loan

24 mos
36 mos
48 mos
60 mos

4.750%
5.250%
5.750%
6.250%

4.750%
5.250%
5.750%
6.250%

$43.76

$30.09

$23.38

$19.45

10% down

Used Auto
Less than 2 Years Old

24 mos
36 mos
48 mos

5.250%
6.750% 7.000%

 5.250% 

6.750%

7.000%

$43.99

$30.77

$23.95

10% down              

Mileage Restriction May Apply

Used Auto
2 Years and Older

24 mos
36 mos

8.000%
8.250%

8.000%
8.250%

$45.23

$31.46

10% down              

Mileage Restriction May Apply

PERSONAL LOANS

Personal Loan
Secured with SCB
Certificate of Deposit

12 mos
24 mos
36 mos
48 mos
60 mos

5.00%

5.00%

5.00%

5.00%

5.00%

5.00%

5.00%

5.00%

5.00%

5.00%

$85.60

$43.87

$29.97

$23.02

$18.87

90% loan-to-value

Personal Loan
Unsecured

2 years

15%

15%

$48.48

$5,000.00 maximum loan amount

Must have an established deposit relationship with SCB

Overdraft Protection
Line of Credit

Open-
Ended

15%

15%

$10.00 Annually

Existing SCB Checking Account
Maximum loan amount of $10,000
Open-ended loan, no maturity.

           

RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE

Lender NMLS#543601

* Variable Rate Home Equity Line of Credit Repayment Disclosure: The minimum monthly payments may not be sufficient to fully repay the principal that is outstanding on your line of credit by the end of the repayment period. If they are not, you will, to the extent permitted by law, be required to pay the entire balance in a single payment (balloon payment).

 
3 South Broadway | P.O. Box 67 | Salem , NH 03079 | Phone: 603-898-2153 | Fax: 603-898-1760
Salem Cooperative Bank