|
|
|
|
|
Rates Effective:
5/9/2008
|
| Rates are subject to change at any time |
| Hometown Advantage |
| Rate | APR | Terms | Points | Down | Payment Per $1,000 |
|
5.125
|
5.462
|
15 Years
|
2
|
5%
|
$7.97
|
|
5.375
|
5.557
|
15 Years
|
1
|
5%
|
$8.10
|
|
5.625
|
5.653
|
15 Years
|
0
|
5%
|
$8.24
|
|
5.625
|
5.827
|
30 Years
|
2
|
5%
|
$5.76
|
|
5.875
|
5.985
|
30 Years
|
1
|
5%
|
$5.92
|
|
6.125
|
6.142
|
30 Years
|
0
|
5%
|
$6.08
|
|
|
| *Loans must meet secondary market guidelines, Hometown Advantage loans require minimum 5% down payment |
| Conventional Fixed Rate Mortgages |
| Rate | APR | Terms | Points | Down | Payment Per $1,000 |
|
5.250
|
5.606
|
15 Years
|
2
|
5%
|
$8.04
|
|
5.625
|
5.827
|
15 Years
|
1
|
5%
|
$8.24
|
|
6.000
|
6.046
|
15 Years
|
0
|
5%
|
$8.44
|
|
5.625
|
5.838
|
30 Years
|
2
|
5%
|
$5.76
|
|
5.875
|
5.996
|
30 Years
|
1
|
5%
|
$5.92
|
|
6.125
|
6.152
|
30 Years
|
0
|
5%
|
$6.08
|
|
|
| **Minimum loan amount $140,000 cash out refinance max. Loan to Value 70%, loans sold to secondary market servicing released |
| No Nonsense Mortgage 20% Down |
| Type | Rate | APR | Terms | Points | Down | Payment Per $1,000 |
|
Fixed
|
6.125
|
6.125
|
15 Years
|
0
|
20%
|
$8.51
|
|
5/1 ARM
|
6.125
**
|
5.351
|
30 Years
|
0
|
20%
|
$6.08
|
|
7/1 ARM
|
6.375
**
|
5.632
|
30 Years
|
0
|
20%
|
$6.24
|
|
|
**Adjustable Rate Mortgage
- Interest rates adjust annually after the first five years (for 5/1 ARM) to 3% over the 1-year US Treasury Index
- Interest rates adjust annually after the first seven years (for 7/1 ARM) to 3% over the 1-year US Treasury Index
- Annual limit on interest rate change is 2%
- Lifetime cap of 6% over initial interest rate
|
| No Nonsense Mortgage >10% Down |
| Type | Rate | APR | Terms | Points | Down | Payment Per $1,000 |
|
5/1 ARM
|
6.625
**
|
5.556
|
30 Years
|
0
|
>10%
|
$6.40
|
|
7/1 ARM
|
6.875
**
|
5.903
|
30 Years
|
0
|
>10%
|
$6.57
|
|
|
**Adjustable Rate Mortgage
- Interest rates adjust annually after the first five years (for 5/1 ARM) to 3% over the 1-year US Treasury Index
- Interest rates adjust annually after the first seven years (for 7/1 ARM) to 3% over the 1-year US Treasury Index
- Annual limit on interest rate is 2%
- Lifetime cap of 6% over initial interest rate
|
| No Nonsense Construction |
| Type | Rate | APR | Terms | Points | Down | Payment Per $1,000 |
|
5/1 ARM
|
6.125
**
|
5.449
|
30 Years
|
1
|
20%
|
$6.08
|
|
5/1 ARM
|
6.625
**
|
5.638
|
30 Years
|
1
|
15%
|
$6.40
|
|
|
**Adjustable Rate Mortgage
- Interest rates adjust annually after the first five years (for 5/1 ARM) to 3% over the 1-year US Treasury Index
- Annual limit on interest rate change is 2%
- Lifetime cap of 6% over initial interest rate
|
| Vermont Housing Finance Agency (VHFA) |
| Rate | APR | Terms | Points | Down | Payment Per $1,000 |
|
6.250
|
6.258
|
30 Years
|
0
|
0%
|
$6.16
|
|
6.750
|
6.758
|
30 Years
|
0
|
Cash Assistance
|
$6.49
|
|
|
|
| 1-4 Family Investment |
| Type | Rate | APR | Terms | Points | Down | Payment Per $1,000 |
|
5/1 ARM
|
6.625
**
|
5.861
|
30 Years
|
0
|
25%
|
$6.40
|
|
5/1 ARM Construction
|
7.500
**
|
6.031
|
30 Years
|
1
|
25%
|
$6.99
|
|
|
** Adjustable Rate Mortgage
- Interest rates adjust annually after the first five years(for 5/1ARM) to 3% over the 1-year US Treasury Index
- Annual limit on interest rate change is 2%
- Lifetime cap of 6% over initial interest rate
|
| 1-2 Unit Investment Properties |
| Rate | APR | Terms | Points | Down | Payment Per $1,000 |
|
6.000
|
6.364
|
15 Years
|
2
|
20%
|
$8.44
|
|
6.750
|
6.877
|
30 Years
|
1
|
20%
|
$6.49
|
|
|
| *Purchase and rate/term refinance. |
|
|
| Rates Effective:
5/9/2008 |
| Rates are subject to change at any time |
| Home Equity Flex Line of Credit |
| Rate | APR | Period of Repayment | Points | Fees | Minimum Payment
Per $1,000 |
|
4.990 *
|
4.990
|
120 Months
|
0
|
195.00
|
$6.03
|
|
4.490 **
|
4.490
|
120 Months
|
0
|
195.00
|
$6.87
|
|
3.990 ***
|
3.990
|
120 Months
|
0
|
195.00
|
$10.12
|
|
|
* Lines of $20,000 - $49,999
**Lines of $50,000 - $99,999
***Lines of $100,000 - $250,000
- APR = Annual Percentage Rate
- Lower introductory rate may apply. New credit lines only
- Loans may not exceed 80% of the home value
- Interest rate is variable and subject to change monthly
- Interest rate will equal prime rate as published in the Wall Street Journal -0.01% for lines of $20,000 to $49,999
- Interest rate will equal prime rate as published in the Wall Street Journal -0.51% for lines of $50,000 to $99,999
- Interest rate will equal prime rate as published in the Wall Street Journal -1.01% for lines of $100,000 to $250,000
- Interest rate will never exceed 18%
- Balloon Payment = a lump sum payment may be required when the plan ends
- Fee waived with existing or new personal checking account
- Ask about our FRO (Fixed Rate Option)
|
|
|
| Rates Effective:
5/9/2008 |
| Rates are subject to change at any time |
| New Auto Loans |
| Model Year | APR | Auto
Payment
APR | Terms | Down | Payment Per $1,000 |
|
2008
|
8.280
|
7.780
|
72 Months
|
0%
|
$17.67
|
|
2008
|
7.785
|
7.285
|
60 Months
|
0%
|
$20.17
|
|
2008
|
7.292
|
6.793
|
48 Months
|
0%
|
$24.08
|
|
2008
|
7.054
|
6.554
|
36 Months
|
0%
|
$30.90
|
|
|
|
| Used Auto Loans |
| Model Year | APR | Auto
Payment
APR | Terms | Down | Payment Per $1,000 |
|
2007,2006
|
7.792
|
7.292
|
48 Months
|
0%
|
$24.32
|
|
2005,2004
|
9.042
|
8.549
|
48 Months
|
0%
|
$24.90
|
|
|
|
| Recreational Vehicle Loans |
| Model Year | APR | Auto
Payment
APR | Terms | Down | Payment Per $1,000 |
|
2008
|
10.030
|
9.630
|
60 Months
|
25%
|
$21.26
|
|
|
APR = Annual Percentage Rate
Auto Repayment APR = Automatic payment deducted from your National Bank of Middlebury account
Down Payment Required is expressed as a percent of the purchase price or appraisal value
$25.00 Single Vendor Insurance Fee
$45.00 Documentation Preparation Fee |
|
|
|
 |
|