Loan Rates
Rates effective as of March 16, 2018.
All rates subject to change without notice.
Mortgage Loans
|
Term | Points | Interest Rate | APR |
|---|---|---|---|
|
30 Year Fixed Rate |
0 | 4.50% | 4.501% |
|
30 Year Fixed Rate |
3 | 4.125% | 4.382% |
|
20 Year Fixed Rate |
0 | 4.25% | 4.252% |
|
15 Year Fixed Rate |
0 | 3.875% | 3.877% |
|
15 Year Fixed Rate |
3 | 3.50% | 3.947% |
|
10 Year Fixed Rate |
0 | 3.625 | 3.628% |
|
30 Year, 1 Year Adjustable Rate |
3 | Please call | Please call |
|
30 Year Fixed Rate Jumbo |
3 | 4.375% | 4.635% |
|
15 Year Fixed Rate Jumbo |
3 | 3.50% | 3.945% |
|
30 Year Fixed Rate Jumbo |
0 | 4.75% | 4.75% |
|
15 Year Fixed Rate Jumbo |
0 | 3.875% | 3.875% |
A 5% minimum down payment is required. Private Mortgage Insurance (PMI) is required for loans with a down payment less than 20%. The annual percentage rate (APR) shown assumes a 20% down payment.
A 30 Year, fixed rate, 0 point mortgage for $100,000 with a 20% down payment would have a monthly payment of $506.69 with an annual percentage rate (APR) of 4.501%. Property insurance is required for all mortgage loans.
Closed End Home Equity Loans
|
Term |
Interest Rate | APR |
|---|---|---|
|
5 Year Fixed Rate |
3.875% | 3.895% |
|
10 Year Fixed Rate |
4.25% | 4.26% |
|
15 Year Fixed Rate |
4.50% | 4.507% |
|
20 Year Fixed Rate |
4.75% | 4.756% |
|
25 Year Fixed Rate |
5.00% | 5.005% |
The maximum loan to value for a Home Equity Loan is 80%. A 5 year fixed rate Home Equity Loan for $20,000 would have a monthly payment of $367.20, with an annual percentage rate (APR) of 3.895%. Property insurance is required for all Home Equity Loans.
Closed End Automobile and Personal Loans
| Loan Type & Term | Interest Rate |
APR |
|---|---|---|
|
36 Month Fixed Rate New Auto |
6.25% | 6.75% |
|
48 Month Fixed Rate New Auto |
6.50% | 7.00% |
|
60 Month Fixed Rate New Auto |
6.75% | 7.25% |
|
48 Month Fixed Rate Personal |
10.75% | 11.25% |
|
48 Month Fixed Rate Debt Consolidation |
12.75% | 13.25% |
|
48 Month Fixed Rate Used Auto |
7.25% | 7.75% |
A 20% minimum down payment is required for auto loans. A 36 month new auto loan for $10,000, automatically debited from an Iron Workers checking or savings account would have a monthly payment of $305.35, with an annual percentage rate (APR) of 6.25%.
Comprehensive automobile insurance is required for all automobile loans.
Going Out of the Country?
Please contact your Branch if you will be visiting another country to enable your ATM/Debit card to have access to your account.