Bank of Utica - Central New York - Mohawk Valley - Member FDIC
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Personal Loan Rates
Personal Loan Rates
Effective May 14, 2012
(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 | 8.00%* | 36 | None | $1,000 | $31.35 |
|
Personal Fully Secured |
7.50%* | 60 | None | $1,000 | $20.04 |
| Vehicle** New | 5.75%* | 60 | 15%** | $2,500 | $19.22 |
| Vehicle Used - 1 Year Old | 6.75%* | 60 | 15%** | $2,500 | $19.69 |
| Vehicle Used - 2 Years Old | 6.75%* | 54 | 15%** | $2,500 | $21.53 |
| Vehicle Used - 3 Years Old | 6.75%* | 48 | 15%** | $2,500 | $23.84 |
| Vehicle Used - 4 Years Old | 6.75%* | 42 | 15%** | $2,500 | $26.81 |
| Vehicle Used - 5 Years Old | 6.75%* | 36 | 15%** | $2,500 | $30.77 |
| Home Improvement | 7.75% | 60 | NA | $1,000 | $20.16 |
* 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 May 14, 2012
(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 | 4.63% | 180 | 80% LTV* | $20,000 | $7.72 |
| Home Equity - Second Position | 6.63% | 120 | 80% LTV* | $7,500 | $11.42 |
* 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.