New Albin Savings Bank Loan Rates
Rates as of February 7, 2012
| Agricultural and Commercial Loans (non-real estate) | |
| APR* | |
| With terms up to one year | 4.50% |
| Terms over one year up to 5 years full amortization | 5.50% |
| Real Estate Loans | |
| Residential | |
| Please contact us for in-house and secondary market rates and terms. | |
|
Agricultural |
|
| 20 year amortization with 5 year balloon payment** | 4.75% |
| Terms over 5 years up to 10 years full amortization | 5.25% |
| 15 year term fixed rate | 5.50% |
| Commercial | |
| 20 year amortization with 5 year balloon payment** | 5.75% |
| Terms over 5 years up to 10 years full amortization | 5.75% |
| 15 year term fixed rate | 6.75% |
| Recreational Properties | |
| Please contact us for market rates and terms. | |
| Other Loans | |
| Please call us at 888-689-1898 for other types of loans offered. | |
| *APR is the Annual Percentage Rate **Balloon payment is a payment where the remaining balance of the loan falls due in full. The New Albin Savings Bank typically offers to extend this balloon payment at the time it falls due at the then going rate and terms. However, the New Albin Savings Bank is not obligated to extend any balloon payment and may not offer to do so. |
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| Rates are subject to change without notice. Member FDIC Equal Housing Lender  |
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