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Rates as of Monday, October 6, 2008

Interest Rate APR Payment per $1,000 Payments Apply
Home Equity Fixed Loan - 5 Year Term
5.740% 5.740% $19.22 Show Payments
Home Equity Fixed Loan - 10 Year Term
5.990% 5.990% $11.10 Show Payments
Home Equity Fixed Loan - 15 Year Term
6.490% 6.490% $8.71 Show Payments
Home Equity Line Of Credit
5.000% 5.000% $7.91 Show Payments
The benefits of borrowing on the equity in your home:
  • Lower rates than other forms of financing*
  • No points, closing costs~ or application fees
  • Interest may be tax deductible.+
* Check with our lenders to compare rates
~ Property insurance required
+ Check with your tax advisor
 
These APRs are for owner occupied 1-2 family residences not currently listed for sale.  $10,000 minimum and maximum loan $250,000.  You pay special rate if you have your payment automatically deducted from your Savings Institute checking account.  These interest rates and terms are effective as of the date shown above.  We normally adjust these interest rates weekly but we may change our rates and terms at any time without notice.  Please call to obtain today's rate. APR is the Annual Percentage Rate. 
 
For Home Equity Line of Credit: The Annual Percentage Rate (APR) is variable based on the Prime Rate as published in The Wall Street Journal Eastern Edition. Prepayment penalty of $275.00 if paid off within first 24 billing cycles. Maximum Rate is 15.00%. $50.00 annual fee waived for the first year or every year for Choice Alliance Customers. Click here for Home Equity Line of Credit Advance Disclosure.
 
© 2008 Savings Institute Bank & Trust,
All Rights Reserved
Member FDIC    Equal Housing Lender