GSB HOME EQUITY & CONSUMER LOAN RATE SHEET as of February 1, 2008
* All published loan rates below can be reduced by 录% with auto debit from GSB checking account (except Home
Equity Introductory Fixed Rate Options, Chek-Credit & Advantage Credit Line )
Home Equity Loans and Lines of Credit:
Fixed Rate
Max Term
Annual Percentage Rates
(APR)
Payment per $10,000
(based on max term)
Advantage Loan
$10,000 minimum
60 Months
5.900% Fixed
$192.86
Advantage Loan
$10,000 minimum
120 Months
6.500% Fixed
$113.55
Advantage Loan
$10,000 minimum
180 Months
7.000% Fixed
$89.88
Home Equity Lines of Credit Options
Approved Line
Amounts
Term Rate
Rate with Auto Debit
from GSB Checking
Payment Method
Home Equity Line
$10,000- $99,999
120 Months
Prime - 陆% Prime - 戮%
Home Equity Line
$100,000 -
$249,999
120 Months
Prime - 戮% Prime - 1%
Home Equity Line
$250,000 +
120 Months
Prime - 1% Prime - 1 录%
Interest only - balance of indebtedness due at end
of 10 years - payment based on current rate and
balance of credit line
Introductory Fixed Rate Options: (not required, but available on all lines)
5.00 % 1st 6 Months
6.00% 1st 36 Months
Rates are based on 80% loan-to-value (LTV) and variable rates are based on Prime rate as published in the Wall Street Journal. The current prime
rate is 6.00%. **Maximum APR is 21%. Minimum APR is 3%. Line amounts and approvals depend on the appraised home value, applicant's
indebtedness and credit history. Consult your tax advisor regarding interest deductibility. Property insurance is required. 80% LTV calculation:
(Appraised value of home x .80) - (current outstanding balance of mortgages) = Maximum borrowing power based on your home's equity. Home
equity loans and lines of credit available on owner-occupied residences.
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No Set-Up Fees or Annual Fees.
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Early termination fee equal to the greater of $300 or 0.2% of the commitment amount applies if line of credit closed within 3 years of
opening.
AUTOMOBILE LOANS:
YEAR OF VEHICLE MAX TERM Annual Percentage Rate (APR)
Payment per $10,000
(based on apr & max term)
2007 - 2008 60 months 6.250%
$194.49
2006
60 months
6.500%
$195.66
2005
54 months
6.750%
$215.25
2004
48 months
7.000%
$239.46
2003
36 months
7.500%
$311.06
2002
24 months
8.750%
$455.70
! Used Car Mileage Limitation = 60,000 ; Bank policy is that we do not refinance any existing GSB auto loans
OTHER LOANS:
LOAN TYPE
MAX. TERM
Annual Percentage Rate
(APR)
Payment per $1,000
(based on customer rate & max term)
Unsecured
$2,000 minimum
24 Months
12.75%
$47.42
CD Loans
$2,000 minimum
60 Months
CD Rate + 2 录%
$19.77
(based on 60 months and 6.95%)
Stock Loans
$2,000 minimum
36 Months
Prime + 1 录%
$32.03
(based on 36 months and 9.50% )
Chek-Credit
N/A
20.4%
Advantage Credit Line
N/A
Prime + 3.9%
! 12 month maximum term for unsecured loans where purpose is tax payment or vacation
! Term of CD loan should match term of CD; no beneficiaries on CD's
Equal Housing Lender - Member: FDIC Current Prime Rate = 6.00%
download GSB HOME EQUITY & CONSUMER LOAN RATE SHEET as of February 1, 2008
