Loan Rates

 

Home Equity Line of Credit

Rates As Of: 07/02/2009

 

 

 Term

From  

To 

Interest Rate 

APR

10 yr Term 

$500,000 

$999,999 

Prime*

4.50%

10 yr Term 

 $100,000

$499,999 

Prime plus 0.25*

4.50%

10 yr Term 

$5,000

$99,999

Prime plus 0.75*

4.50%

 

 

 

 

 

 

 

 

 

 Early termination fee applies. 

*To qualify for these rates you must have an automatic debit from any of our checking accounts.  Certain Loan To Value requirements apply.  For the Barrington Bank and Trust variable rate Home Equity Line, the Annual Percentage Rate (APR) is a variable rate based on the highest Prime Rate (Prime Rate as of 07/02/2009 is 3.25%) reported in the Money Rates section of the Wall Street Journal (the "WSJ Prime").  The maximum APR for all credits is 21.00%.  The minimum APR is 4.50%.  Consult your tax advisor about the deductibility of interest. Property insurance is required. Offer applies to lines secured by owner-occupied, one-to-four family residences located in the state of Illinois and approval is subject to the bank's underwriting parameters. Offer applies to new Home Equity Line customers only.

Call a Personal Banker at 847-842-4500 or 847-381-1715 for other home equity line of credit programs that may be available.

Autos

Rates Effective: 07/02/2009

  NEW CAR RATES LENGTH TERMS

New 2008/2009 - 7.25% APR Up to 60 Months 10% Down

                                

 simple interest; 0.25% discount for automatic debit from any of our checking accounts

 


 USED CAR RATES
MAXIMUM TERM MAXIMUM LOAN AMOUNT

2008 7.25%  APR 60 Months Black Book Value

                        		 2007 7.50%  APR 48 Months Black Book Value

                        		 2006 7.75%  APR 42 Months Black Book Value

                        		 2005 8.00%  APR 36 Months Black Book Value

                                  
                      

 2004 8.25%  APR 24 Months Black Book Value

                                  
                      

 simple interest; 0.25% discount for automatic debit from any of our checking accounts

FIXED RATE HOME EQUITY LOAN

Rates Effective: 07/02/2009
                   

Term              Rate                 Discounted 

                                              Rate*



1 - 5 years     7.75% APR        7.50%*APR



6 - 10 years   7.50% APR        7.25%*APR

*0.25% discount for automatic debit from any of our checking accounts

 

Call a Personal Banker at 847-842-4500 or 847-381-1715 for information on other loans we offer.