|
Product Name
|
Description
|
Maximum Collateral Values
(Loan to Value-LTV)
|
Term
|
APR
|
Monthly Payment
per $1,000
(Principal + Interest)
|
|
Personal Loan - Unsecured
|
Multi-purpose loan
|
N/A
|
48 months
|
12.25% *
|
$26.46
|
|
Personal Loan - Secured
|
Secured by tangible personal property (older model cars)
|
NADA "Retail" Value (NADA is an official used car guide)
|
60 months
|
8.25% *
|
$20.40
|
|
Overdraft Protection
|
Revolving line of credit linked to a personal non interest bearing Demand Deposit Account (DDA)
|
N/A
|
36 months
(1/36th of principal + interest)
|
18.00%
|
$42.78
|
|
Automobile New 2012-14
|
Foreign and domestic auto (Personal use only)
|
Retail Value (up to 100% financing is available)
|
Up to 72 months
|
Up to 48 months - 3.50% *
49-60 months - 3.74% * 61-72 months - 3.99% *
|
$22.36
$22.04 to $18.30
$18.14 to $15.64
|
|
Automobile Used
2009-13
|
Foreign and domestic auto (Personal use only)
|
NADA "Retail" Value (NADA is an official used car guide)
|
Up to 60 months
|
Up to 36 months - 3.74% * 37 to 48 months- 4.15% * 49-60 months - 4.74% *
|
$29.41
$28.84 to $22.65
$22.49 to $18.75
|
|
Automobile Used 2006-08
|
Foreign and domestic auto (Personal use only)
|
NADA "Retail" Value (NADA is an official used car guide)
|
Up to 48 months
|
Up to 36 months - 4.74% *
37-48 months - 5.39% *
|
$29.85
$29.40 to $23.21
|
|
HELOC
Home Equity
Line of Credit
Variable ***
|
Home Equity Multi Purpose Line of Credit
|
Owner Occupied 1-4 Family
80% LTV
Vacation Property Condominium/Townhouse
1 Family
65% LTV
Rental Property
1-4 Family
55% LTV
LTV = total of all liens against the property divided by the appraised value of the property.
Must be zoned Residential.
Storefront properties and co-ops are not acceptable.
Homeowners insurance is required.
|
Revolving
Principal & Interest Option
Payments equals 1/240 of principal plus interest for the month
or
Interest Only Option
For 10 Years
Then
Payments equals 1/180 of the principal plus interest for the month
|
Initial APR of 2.99%**
fixed for 12 months
then
Prime for Life of Line
Minimum APR: 3.75%**
Maximum APR: 18%**
Current APR: 3.75%**
Note:
Minimum payment is $50
Minimum Draw is $200
|
Principal + Interest Option
$6.66 (Initial APR**,
P&I 1/240)
$7.29 (Current APR**,
P&I 1/240)
Interest Only Option
$2.49 (Interest Only at Initial APR**)
$3.13 (Interest Only at current APR**)
$8.68 (Current APR**,
P&I 1/180)
|
|
Home Equity Loan Fixed ***
|
Home Equity Multi Purpose fully amortizing loan
|
Same as above (HELOC)
|
Terms to 240 months
|
36 - 60 months - 3.49% *
61- 120 months - 3.74% *
121 - 180 months - 3.99% * 181 - 240 months - 4.50% *
|
$29.30 to $18.19
$18.03 to $10.00
$10.05 to $7.39
$7.62 to $6.33
|
|
HEL Campaign
Home Equity Loan
Fixed ***
|
Home Equity Multi Purpose fully amortizing loan
|
1st lien only; Owner occupied NJ properties only; Same LTV as above (HELOC); No co-ops or storefront properties
|
Terms to 240 months
|
36 - 180 months - 3.65% *
181- 240 months - 3.99% *
|
$29.37 to $7.22
$7.36 to $6.05 |