May 9, 2008

Loan Rates

 

Home Equity Line of Credit

Rates As Of: 05/08/2008

 

 

 Term

From  

To 

Interest Rate 

APR*

10 yr Term 

$100,000+ 

 

Prime minus 1.05%** 

3.95%

10 yr Term 

 $25,000

$99,999 

Prime minus 0.50%** 

4.50%

10 yr Term 

$5,000

$24,999

Prime minus  0.25%**

4.75%

 

 

 

 

 

 

 

 

 

 

 

*Offer available for a limited time. Early termination fee applies. 

**To qualify for these rates you must have an automatic payment from a Barrington checking account.  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 05/08/2008 is 5.00%) reported in the Money Rates section of the Wall Street Journal (the "WSJ Prime").  The maximum APR for all credits is 21%.  The minimum APR is 3.00%.  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: 05/08/2008

  NEW CAR RATES LENGTH TERMS

New 2008 - 6.75% APR Up to 60 Months 10% Down

                                

 simple interest; 0.25% discount for automatic payment from a Barrington account or founder

 

USED CAR RATES
MAXIMUM TERM MAXIMUM LOAN AMOUNT

2007 6.75%  APR 60 Months Black Book Value

                        		 2006 7.00%  APR 48 Months Black Book Value

                        		 2005 7.25%  APR 42 Months Black Book Value

                        		 2004 7.50%  APR 36 Months Black Book Value

                                  
                      

 2003 7.75%  APR 24 Months Black Book Value

                                  
                      

 simple interest; 0.25% discount for automatic payment from a Barrington account or founder

FIXED RATE HOME EQUITY LOAN

Rates Effective: 05/08/2008
                   

Term              Rate                 Discounted 

                                              Rate*



1 - 5 years     7.00% APR        6.75%*APR



6 - 10 years   7.25% APR        7.00%*APR

*0.25% discount for automatic debit from Barrington account or founder

 

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