Consumer Loan Rates
Effective Date: 03/25/2020
|
Maximum Term (Months) |
APR |
Max Loan to Value |
Minimum Loan |
Maximum Loan |
Monthly P&I Payment Per $1,000 |
|---|---|---|---|---|---|
|
24 |
3.00% |
95% |
$5,000 |
$50,000 |
$42.98 |
|
36 |
3.50% |
95% |
$5,000 |
$50,000 |
$29.30 |
|
48 |
4.00% |
95% |
$5,000 |
$50,000 |
$22.58 |
|
60 |
4.50% |
90% |
$5,000 |
$50,000 |
$18.64 |
|
72 |
4.75% |
85% |
$5,000 |
$50,000 |
$15.99 |
|
Maximum Term (Months) |
APR |
Max Loan to Value |
Minimum Loan |
Maximum Loan |
Monthly P&I Payment Per $1,000 |
|---|---|---|---|---|---|
|
24 |
4.25% |
95% |
$5,000 |
$50,000 |
$43.54 |
|
36 |
4.75% |
95% |
$5,000 |
$50,000 |
$29.86 |
|
48 |
5.25% |
90% |
$5,000 |
$50,000 |
$23.14 |
|
60 |
5.75% |
85% |
$5,000 |
$50,000 |
$19.22 |
|
Maximum Term (Months) |
APR |
Max Loan to Value |
Minimum Loan |
Maximum Loan |
Monthly P&I Payment Per $1,000 |
|---|---|---|---|---|---|
|
24 |
7.00% |
90% |
$5,000 |
$50,000 |
$44.77 |
|
36 |
7.50% |
80% |
$5,000 |
$50,000 |
$31.11 |
|
48 |
8.00% |
80% |
$5,000 |
$50,000 |
$24.41 |
Vehicles 2011 and older: 9.5% 36 months max term, 80% Loan to Value.
|
Maximum Term (Months) |
APR |
Max Loan to Value |
Minimum Loan |
Maximum Loan |
Monthly P&I Payment Per $1,000 |
|---|---|---|---|---|---|
|
24 |
3.00% |
95% |
$4,000 |
$30,000 |
$42.98 |
|
36 |
3.50% |
95% |
$4,000 |
$30,000 |
$29.30 |
|
48 |
4.00% |
95% |
$4,000 |
$30,000 |
$22.58 |
|
60 |
4.50% |
90% |
$4,000 |
$30,000 |
$18.64 |
|
72 |
4.75% |
85% |
$4,000 |
$30,000 |
$15.99 |
|
Maximum Term (Months) |
APR |
Max Loan to Value |
Minimum Loan |
Maximum Loan |
Monthly P&I Payment Per $1,000 |
|---|---|---|---|---|---|
|
24 |
4.25% |
95% |
$4,000 |
$30,000 |
$43.54 |
|
36 |
4.75% |
95% |
$4,000 |
$30,000 |
$29.86 |
|
48 |
5.25% |
90% |
$4,000 |
$30,000 |
$23.14 |
|
60 |
5.75% |
85% |
$4,000 |
$30,000 |
$19.22 |
|
Maximum Term (Months) |
APR |
Max Loan to Value |
Minimum Loan |
Maximum Loan |
Monthly P&I Payment Per $1,000 |
|---|---|---|---|---|---|
|
24 |
7.00% |
90% |
$4,000 |
$30,000 |
$44.77 |
|
36 |
7.50% |
80% |
$4,000 |
$30,000 |
$31.11 |
|
48 |
8.00% |
80% |
$4,000 |
$30,000 |
$24.41 |
Vehicles 2011 and older: 9.5% 36 months max term, 80% Loan to Value.
|
Maximum Term (Months) |
APR |
Max Loan to Value |
Minimum Loan |
Maximum Loan |
Monthly P&I Payment Per $1,000 |
|---|---|---|---|---|---|
|
24 |
5.50% |
100% |
$5,000 |
$75,000 |
$44.10 |
|
36 |
5.75% |
100% |
$5,000 |
$75,000 |
$30.31 |
|
48 |
6.00% |
90% |
$5,000 |
$75,000 |
$23.49 |
|
60 |
6.25% |
90% |
$5,000 |
$75,000 |
$19.45 |
|
84 |
6.50% |
90% |
$5,000 |
$75,000 |
$14.85 |
|
120 |
7.00% |
90% |
$5,000 |
$75,000 |
$11.61 |
|
Maximum Term (Months) |
APR |
Max Loan to Value |
Minimum Loan |
Maximum Loan |
Monthly P&I Payment Per $1,000 |
|---|---|---|---|---|---|
|
24 |
6.50% |
85% |
$5,000 |
$50,000 |
$44.55 |
|
36 |
6.75% |
85% |
$5,000 |
$50,000 |
$30.76 |
|
48 |
7.00% |
85% |
$5,000 |
$50,000 |
$23.95 |
|
60 |
7.25% |
85% |
$5,000 |
$50,000 |
$19.92 |
|
84 |
7.50% |
85% |
$5,000 |
$50,000 |
$15.34 |
|
120 |
8.00% |
85% |
$5,000 |
$50,000 |
$12.13 |
2009 and older: 36 months max term. 75% Loan to Value.
|
Maximum Term (Months) |
APR |
Max Loan to Value |
Minimum Loan |
Maximum Loan |
Monthly P&I Payment Per $1,000 |
|---|---|---|---|---|---|
|
24 |
5.50% |
100% |
$5,000 |
$75,000 |
$44.85 |
|
36 |
5.75% |
100% |
$5,000 |
$75,000 |
$30.82 |
|
48 |
6.00% |
90% |
$5,000 |
$75,000 |
$23.88 |
|
60 |
6.25% |
90% |
$5,000 |
$75,000 |
$19.78 |
|
84 |
6.50% |
90% |
$5,000 |
$75,000 |
$15.10 |
|
120 |
7.00% |
90% |
$5,000 |
$75,000 |
$11.81 |
|
Maximum Term (Months) |
APR |
Max Loan to Value |
Minimum Loan |
Maximum Loan |
Monthly P&I Payment Per $1,000 |
|---|---|---|---|---|---|
|
24 |
6.50% |
85% |
$5,000 |
$50,000 |
$45.30 |
|
36 |
6.75% |
85% |
$5,000 |
$50,000 |
$31.29 |
|
48 |
7.00% |
85% |
$5,000 |
$50,000 |
$24.35 |
|
60 |
7.25% |
85% |
$5,000 |
$50,000 |
$20.26 |
|
84 |
7.50% |
85% |
$5,000 |
$50,000 |
$15.60 |
|
120 |
8.00% |
85% |
$5,000 |
$50,000 |
$10.34 |
Boats 2011 and older. 36 months max term. 75% Loan to Value.
|
Maximum Term (Months) |
APR |
Max Loan to Value |
Minimum Loan |
Maximum Loan |
Monthly P&I Payment Per $1,000 |
|---|---|---|---|---|---|
|
24 |
5.50% |
100% |
$4,000 |
$20,000 |
$44.10 |
|
36 |
5.75% |
100% |
$4,000 |
$20,000 |
$30.31 |
|
48 |
6.00% |
90% |
$4,000 |
$20,000 |
$23.49 |
|
60 |
6.25% |
90% |
$4,000 |
$20,000 |
$19.45 |
|
Maximum Term (Months) |
APR |
Max Loan to Value |
Minimum Loan |
Maximum Loan |
Monthly P&I Payment Per $1,000 |
|---|---|---|---|---|---|
|
24 |
6.50% |
85% |
$4,000 |
$20,000 |
$44.55 |
|
36 |
6.75% |
85% |
$4,000 |
$20,000 |
$30.76 |
|
48 |
7.00% |
85% |
$4,000 |
$20,000 |
$23.95 |
|
60 |
7.25% |
85% |
$4,000 |
$20,000 |
$19.92 |
ATV, Snowmobiles, Personal Watercraft, Dirt Bikes, Lawn Equipment 2009 and older. 36 months max term. 75% Loan to Value.
|
Maximum Term (Months) |
APR |
Max Loan to Value |
Minimum Loan |
Maximum Loan* |
Monthly P&I Payment Per $1,000 |
|---|---|---|---|---|---|
|
24 |
5.49% |
N/A |
$2,500 |
$20,000 |
$44.09 |
|
36 |
5.49% |
N/A |
$2,500 |
$20,000 |
$30.19 |
|
48 |
5.99% |
N/A |
$2,500 |
$20,000 |
$23.48 |
|
60 |
5.99% |
N/A |
$2,500 |
$20,000 |
$19.33 |
|
84 |
8.25% |
N/A |
$5,000 |
$20,000 |
$15.71 |
|
120 |
9.00% |
N/A |
$7,500 |
$20,000 |
$12.67 |
Requests greater than $10,000 may require a collateral mortgage.
|
APR |
Maximum Term (Months) |
Max Loan to Value |
Minimum Loan |
Maximum Loan |
Monthly P&I Payment Per $1,000 |
|---|---|---|---|---|---|
|
13.15% |
N/A |
N/A |
$1,500 |
$7,500 |
N/A |
|
Account Type |
APR |
Maximum Term (Months) |
Max Loan to Value |
Minimum Loan |
Maximum Loan |
Monthly P&I Payment Per $1,000 |
|---|---|---|---|---|---|---|
|
Savings |
4.25% |
60 |
95% |
$2,500 |
** |
$18.53 |
|
Certificate of Deposit |
* |
60 |
95% |
$2,500 |
** |
N/A |
* 2.5% over Certificate rate with a minimum of 4.25% APR
** Maximum loan amount 95% of principal balance of instrument pledged
|
Maximum Term (Months) |
APR |
Max Loan to Value |
Minimum Loan |
Maximum Loan |
Monthly P&I Payment Per $1,000 |
|---|---|---|---|---|---|
|
24 |
9.00% |
N/A |
$2,500 |
$10,000 |
$45.68 |
|
36 |
9.00% |
N/A |
$2,500 |
$10,000 |
$31.80 |
|
48 |
9.50% |
N/A |
$2,500 |
$10,000 |
$25.12 |
|
60 |
9.50% |
N/A |
$2,500 |
$10,000 |
$21.00 |
APR = Annual Percentage Rate
Monthly P & I (Principal and Interest) for the chart above is provided for purpose of illustration.
To calculate your monthly principal and interest payment using the chart above, simply multiply the dollar
figure in the last column by the loan amount desired and divide by 1,000.
ADvantage Line of Credit APR is subject to change from time to time based on changes in an independent index
which is the Wall Street Prime Rate.
Rates quoted are Adirondack Bank's best available rates. Loan rates and terms are determined by overall credit history and are subject to change. Applications are subject to credit approval.
With regard to the refinancing of existing consumer debt, current Adirondack Bank loans will not be refinanced at prevailing rates. If the customer meets approval guidelines the Bank will allow the refinancing (with potential new money) at the rate of the original loan.
