Apple Valley Bank & Trust


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Loan Rates

Rates posted are as of 2/8/08 and are subject to change. Please call toll free (866) 876-3652 for the most current rates.

Deposit Rates | Loan Rates

Last updated 2/8/08
Consumer Loans Annual Percentage Rate Maximum Term Payment Per $1,000 Borrowed
Personal Unsecured 12.000% 24 Months $47.07
14.000% 48 Months $27.33
New Auto Model Year 2007 6.990% 60 Months $19.80
6.750% 48 Months $23.83
6.600% 36 Months $30.69
6.500% 24 Months $44.55
Used Auto Model Year
2006 - 2002
7.500% 48 Months $24.18
7.500% 36 Months $31.11
7.250% 24 Months $44.89
Boat / Recreational Vehicle New 9.250% 48 Months $25.00
Used 10.250% 36 Months $32.38
Savings Account Secured 2.00% over rate on account 36 Months -
CD Secured 2.00% over rate on account CD Term -
 
Adjustable-Rate Mortgages 3 Interest Rate 1 Points Annual Percentage Rate 2 Payment Per $10,000 Borrowed
1-Year Variable 5.500% 0 5.982% $56.78
3-Year Fixed / 1-Year Variable 5.500% 1 5.995% $56.78
5.750% 0 5.964% $58.36
5-Year Fixed / 1-Year Variable 5.500% 1 5.926% $56.78
5.750% 0 5.930% $58.36
 
Fixed-Rate Mortgages Interest Rate 1 Points Annual Percentage Rate 2 Payment Per $10,000 Borrowed
10-Year Term 5.500% 1 5.786% $108.53
5.625% 1/2 5.800% $109.15
5.750% 0 5.814% $109.77
15-Year Term 5.500% 1 5.702% $81.71
5.625% 1/2 5.749% $82.37
5.750% 0 5.795% $83.04
20-Year Term 5.625% 2 5.911% $69.50
5.750% 1 5.911% $70.21
5.875% 0 6.036% $70.92
30-Year Term 5.750% 2 5.966% $58.36
5.875% 1 5.996% $59.15
6.000% 0 6.027% $59.96
 
Home Equity Interest Rate Annual Percentage Rate 2 Maximum Term Payment Per $10,000 Borrowed
Home Equity Loans 6.000% 6.000% 5 Years $193.33
6.250% 6.250% 10 Years $112.28
6.500% 6.500% 15 Years $87.11
Home Equity Lines of Credit 4 Yearly APR Max APR Draw
Home Equity Lines of Credit 5.75% 18.000% 10 Years
  Interest Rate Annual Percentage Rate Maximum Term
Lot Purchase 8.250% 8.313% 10 years
Construction Loans Please call for pricing and current products
Investment / Commercial Real Estate Please call for pricing and current products

  1. All mortgage rates quoted for owner-occupied properties.


  2. APRs calculated using a $100,000 mortgage balance and a 20% down payment. Minimum down payment is 5% with Private Mortgage Insurance (PMI) coverage.


  3. All adjustable rate mortgage examples assume 30 year terms and margins of 2.75% over the 1-year Constant Maturity Treasury with caps of 2% for the first adjustment, 2% for any subsequent adjustments, and 6% over the life of the loan.


  4. The Annual Percentage Rate on an Apple Valley Bank Home Equity Line of Credit is variable daily at 0.75% below the Prime rate as published in the Wall Street Journal. 118-month draw with a balloon payment billed in the 119th month. The line matures after 120 months, and all principal and interest is due 10 years from origination. Maximum 80% loan-to-value percentage. Maximum rate is 18%. An annual fee of $50 will be assessed on the first anniversary and every subsequent anniversary for as long as the line is open. No closing costs. If there is no first mortgage title insurance may be required and fees may apply. Homeowners insurance required. Early termination fee / prepayment penalty of 1% of the credit limit if the line is closed within 2 years of origination. Offer subject to change without notice. Normal credit requirements apply.


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© 2007 Apple Valley Bank & Trust
286 Maple Avenue, Cheshire, CT 06410
Phone: 203-271-1268 Fax: 203-271-1540