Bank of Utica - Central New York - Mohawk Valley - Member FDIC

In a league all our own℠. Strength and stability since 1927.
Personal Loan Rates

Personal Loan Rates

Personal Loan Rates

Effective December 22, 2014
(Subject to Change at Anytime)

Loan Type Annual Percentage Rate Max Term (months) Required Down Payment Minimum Amount Monthly Payment Per $1,000 Financed
Personal Unsecured 6.50%* 36 None $1,000 $30.65

Personal Fully Secured

6.00%* 60 None $1,000 $19.34
Vehicle** New 4.75%* 60 15%** $2,500 $18.76
Vehicle Used - 1 Year Old 5.75%* 60 15%** $2,500 $19.22
Vehicle Used - 2 Years Old 5.75%* 54 15%** $2,500 $21.06
Vehicle Used - 3 Years Old 5.75%* 48 15%** $2,500 $23.37
Vehicle Used - 4 Years Old 5.75%* 42 15%** $2,500 $26.34
Vehicle Used - 5 Years Old 5.75%* 36 15%** $2,500 $30.31
Home Improvement 6.50% 60 NA $1,000 $19.57

* Reduce ¼% if charged to a Bank of Utica checking account

** Vehicles include: Car, Motor Home, Motorcycle, Snowmobile, Boat; Down payment is 15% plus Sales Tax

Applications are subject to credit approval.

To calculate your Monthly Principal and Interest payment using the chart above, multiply the dollar figure in the last column by the loan amount desired and divide by 1,000.



 

Home Mortgage & Home Equity Rates

Effective December 22, 2014
(Subject to Change at Anytime)

Loan Type Annual Percentage Rate Max Term (months) Required Down Payment Minimum Amount Monthly Payment Per $1,000 Financed
Home Mortgage - First Position 4.66% 180 80% LTV* $20,000 $7.73
Home Equity - Second Position 6.66% 120 80% LTV* $7,500

$11.44

* LTV is Loan to Value Ratio

Applications are subject to credit approval.

To calculate your Monthly Principal and Interest payment using the chart above, multiply the dollar figure in the last column by the loan amount desired and divide by 1,000.

Home Mortgage and Equity Loan examples are not calculated including taxes and insurance premiums, and if applicable, your payment obligation may be higher.