Current Loan Rates
Rates Effective as of June 30, 2010
| Home Equity Loans |
| Term |
Up to 80% Loan to Value |
Monthly payment per $1,000 |
81 to 100% Loan to Value |
Monthly payment per $1,000 |
| 5 Years |
5.66% APR |
$19.18 |
6.91% APR |
$19.76 |
| 7 Years |
5.90% APR |
$14.56 |
7.15% APR |
$15.17 |
| 10 Years |
6.09% APR |
$11.15 |
7.34% APR |
$11.79 |
| 15 Years |
6.96% APR |
$8.97 |
N/A |
N/A |
| NOTE: A .50% rate discount applies if payments are automatically deducted from a MCT deposit account. Minimum loan amount of $10,000.00. Terms quoted are subject to credit approval. |
| Home Equity Lines of Credit Conversion |
| Variable Rate |
RATE: 3.75% FOR 180 DAYS: THEN 5.00% APR
RATE DETERMINED AT TIME OF APPROVAL |
| The Annual Percentage Rate (APR) may vary after consummation of the transaction and is based on the prime rate as published in the Wall Street Journal. The maximum APR is 18%. Minimum loan amount is $5,000. Closing costs of $150 to $500 are due at the time of settlement. Homeowners insurance is required. Please contact your tax advisor regarding deductibility of interest. Rates are subject to change. |
| Automobile |
| Model Year |
Term |
Rate |
Monthly Payment per $1,000 |
| New (2010 and 2009) |
36 to 60 Months |
4.49% APR |
$29.74 to $18.64 |
| New (2010 and 2009) |
72 Months |
4.82% APR |
$16.02 |
| Used (2006 to 2009) |
36 to 60 Months |
5.49% APR |
$30.19 to $19.10 |
| Used (2006 to 2009) |
72 Months |
N/A |
N/A |
| NOTE: Rates shown reflect a .50% discount with an automatic payment from a MCT checking account and a minimum of $10,000.00 of new borrowed funds. Terms quoted are subject to credit approval. |
| Personal |
| Term |
Rate |
Monthly Payment per $1,000 |
| 12 to 60 Months |
7.89% APR |
$86.95 to $20.23 |
| 72 Months |
8.89% APR |
$17.98 |
| NOTE: Rates shown reflect a .50% discount with an automatic payment from a MCT checking account and a minimum of $10,000.00 of new borrowed funds. Terms quoted are subject to credit approval. |
