Rates
- Mortgage Rates
- Auto Loan Rates
- RV Loan Rates
- Boat Loan Rates
- Personal Loan Rates
- Personal Line of Credit Rates
- Home Equity Loan Rates
- Home Equity Line of Credit Rates
MORTGAGE RATES
As of July 28, 2010
| TYPE | RATE | APR* | PAYMENT |
| 15 Year Fixed | 3.75% | 4.088%. | $727.22 |
| 30 Year Fixed | 4.375% | 4.549%. | $499.49 |
The rates published on this page are applicable only to requests received from this site or by calling 541.618.3320. Mortgage rates published on this page are the current rates for a single-family, primary residence based on a 30-day lock period and are subject to change without notice. In order to receive a guaranteed rate, you must have applied for an application through People's Bank and receive a verbal confirmation from a loan officer that your desired rate is locked.
*Annual Percentage Rate (APR) based on $100,000 loan; 30 year fixed rate; 360 payments; Loan-to-Value ratio is less than or equal to 80%, conventional financing first deed of trust. Higher rates apply to higher Loan-to-Value. Offer is subject to higher credit qualifications. Property Insurance and Taxes required, however, not included in payment. Rates subject to change. Contact a Home Loan Officer for more information.
AUTO LOANS
| TYPE | RATE | APR | TERM | LOAN FEE |
| New-4 yr. | 6.50% | 7.187% | Up to 36 Mos. | $100 |
| New-4 yr. | 6.50% | 7.024% | Up to 48 Mos. | $100 |
| New-4 yr. | 6.50% | 6.927% | Up to 60 Mos | $100 |
| *New | 6.75% | 6.992% | Up to 72 Mos. | $100 |
| 5 yr. - 7yr | 7.25% | 7.779% | 48 Months | $100 |
| 8yr-Older | 8.00% | 8.532% | 48 Months | $100 |
- Annual Percentage Rate (APR) assumes loan fee financed
- APR based on $10,000 financed for appropriate term
- *APR based on $15,001 financed for 72 months
- New Vehicles-Maximum loan amount 90% of purchase price and not to exceed invoice amount
- Used Vehicles- Maximum loan amount 100% of Kelly Blue Book Private Party value
- ¼% discount for automatic payment from People's Bank account
72-MONTH TERM GUIDELINES
New vehicles only
Minimum financed is $15,001
Minimum Down payment is 10% of purchase price
RECREATIONAL VEHICLE
| TYPE | RATE | APR | TERM | LOAN FEE |
| New/Used | 7.25% | 7.468% | Up to 60 Mos. | $100 |
| New/Used | 7.625% | 7.743% | 61 to 120 Mos. | $100 |
| New | 8.25% | 8.287% | 121 to 180 Mos | $100 |
- Annual Percentage Rate (APR) assumes loan fee financed
- APR based on $20,000 financed for maximum term
- New-Maximum loan amount 90% of purchase price and not to exceed invoice amount
- Used- Maximum loan amount not to exceed Kelly Wholesale and minimum 10% down payment
- 1/4% discount for automatic payment from People's Bank account
180-MONTH TERM GUIDELINES
New vehicles only
Minimum financed is $50,001
Minimum Down payment is 20% of purchased price
BOAT LOAN
| TYPE | RATE | APR | TERM | LOAN FEE |
| New/Used | 7.25% | 7.679% | Up to 60 Mos. | $100 |
| New/Used | 7.625% | 7.857% | 61 to 120 Mos. | $100 |
- Annual Percentage Rate (APR) assumes loan fee financed
- APR based on $10,000 financed for appropriate term
- New Boats- Maximum loan amount 90% of purchase price and not to exceed invoice amount
- Used Boats- Maximum loan amount 100% of Kelly Wholesale, 10% down payment
- 1/4% discount for automatic payment from People's Bank account
PERSONAL LOAN
| RATE | APR | TERM | LOAN FEE |
| 10.00% | 11.361% | 36 Mos. | $100 |
| 10.00% | 11.050% | 48 Mos. | $100 |
- Annual Percentage Rate (APR) assumes loan fee financed
- APR based on $5,000 financed for appropriate term
- 1/4% discount for automatic payment from People's Bank account
- Can be secured or unsecured
- Loan fee of $100
PERSONAL LINE OF CREDIT
| RATE | Prime Rate + 3.00% |
| LIMIT | $1,000 and over |
| TERM | 5 years |
| ANNUAL FEE | $50 |
| LOAN FEE | $100 |
| REPAYMENT | 2% of Outstanding Balance - $50 Min. |
| RATE ADJUSTMENT |
Rate adjusts monthly on 1st of each month, maximum change per adjustment 1.0% |
The Annual Percentage Rate (APR) will vary at Prime Rate as published in the Wall Street Journal. As of February 24, 2010, the variable rate for lines of credit is Prime + 3.00% (6.41% APR, based on $25,000 loan amount). Minimum floor rate is 6.00% APR, maximim cap rate is 18.00% APR.
HOME EQUITY LOAN
| LTV | TERM | RATE | APR* | PAYMENT |
| <= 80% | 120 Months | 6.50% | 6.59% ** | $284.99 |
| <= 80% | 180 Months | 6.95% | 7.01%*** | $224.91 |
- LTV based on County RMV/Appraised Value
- Client pays all third party fees
- Loan fee of $100
*Annual Percentage Rate (APR).
** APR based on $25,000 loan; fixed rate; 120 payments; 80% Loan-to-Value. Rates subject to change. Property Insurance and Taxes required, however, is not included in payment. Contact us for more information.
*** APR based on $25,000 loan; fixed rate; 120 payments; 80% Loan-to-Value. Rates subject to change. Property Insurance and Taxes required, however, is not included in payment. Contact us for more information.
HOME EQUITY LINE OF CREDIT
(OWNER OCCUPIED)
| LTV | RATE | MTG |
| <= 80% | RATE - Prime Rate + .25%* | 1st |
| <= 80% | RATE - Prime Rate + .50%* | 2nd |
| >= 80% | Not Available |
| TERM | 10 years |
| ANNUAL FEE | None |
| LOAN FEE | $100 |
| REPAYMENT | Interest Only - $50 Min. |
- RMV = County “Real Market Value”
- LTV based on RMV/Appraised Value
- Client pays all third party fees
- Rate adjusts monthly on 1st of each month
- Max. Change per Adjustment 1.0%
