Consumer Loan Rates

Effective Date: 12/12/2018

New Cars & Trucks 2017, 2018 & 2019 Only (Never Registered)

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

Used Cars & Trucks 2015-2019 Only (Previously Registered)

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

Used Cars & Trucks 2011-2014 Only (Previously Registered)

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 2010 and older: 9.5% 36 months max term, 80% Loan to Value.

New Motorcycles 2017, 2018 & 2019 Only (Never Registered)

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

Used Motorcycles  2015-2019 Only (Previously Registered)

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

Used Motorcycles  2011-2014 Only (Previously Registered)

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 2010 and older: 9.5% 36 months max term, 80% Loan to Value.

New Recreational Vehicle (Motor Homes, Campers, RVs) 2017, 2018 & 2019 Only (Never Registered)

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

Used Recreational Vehicle (Motor Homes, Campers, RVs) 2004+ Only (Previously Registered)

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

2008 and older: 36 months max term.  75% Loan to Value.

New Boats 2017, 2018 & 2019 (From Dealership, Never Registered)

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

Used Boats  2004+ Only (Previously Registered)

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 2010 and older. 36 months max term. 75% Loan to Value.

New ATV, Snowmobiles, Personal Watercraft, Dirt Bikes, Lawn Equipment 2017, 2018 & 2019 Only

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

Used ATV, Snowmobiles, Personal Watercraft, Dirt Bikes, Lawn Equipment  2008+ Only

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 2008 and older. 36 months max term. 75% Loan to Value.

Home Improvment       

Maximum Term (Months)

APR

Max Loan to Value

Minimum Loan

Maximum Loan*

Monthly P&I Payment Per $1,000

 24

 5.75%

N/A 

$2,500 

$20,000 

$44.40 

36

5.99%

N/A

$2,500

$20,000

$30.42

48

6.25%

N/A

$2,500

$20,000

$23.60

60

6.50%

N/A

$2,500

$20,000

$19.57

 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.  

ADvantage Line of Credit

APR

Maximum Term (Months)

Max Loan to Value

Minimum Loan

Maximum Loan

Monthly P&I Payment Per $1,000

15.15%

N/A

N/A

$1,500

$7,500

N/A

 

Personal Loans Secured with:

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

Unsecured Personal Installment Loans

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. 

 

 

 

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