Personal Deposit Rates | Business Deposit Rates | Loan Rates
Below you will find loan rates for:
Apply online for a real estate loan or home equity loan, or visit any Hills Bank location.
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Fixed Rate Real Estate Loans - Secondary Market
All Rates Effective August 7, 2008 @ 1:15 p.m.
Rates are subject to change during the day without notice.
Rates are subject to qualifying credit guidlines & loan-to-value ratios.
Please call 1-800-HILLSBK for the most up-to-date rate quotes and also for Jumbo loan rates (Loans over $417,000).
| Loan Amount |
Points |
Interest Rate |
APR |
Payment per $1,000 Borrowed |
|
0.000 |
6.625% |
6.635% |
$6.40 |
|
0.000 |
6.625% |
6.637% |
$6.40 |
|
0.000 |
6.625% |
6.638% |
$6.40 |
|
0.000 |
6.625% |
6.641% |
$6.40 |
|
0.000 |
6.625% |
6.644% |
$6.40 |
|
0.000 |
6.625% |
6.648% |
$6.40 |
|
0.000 |
6.625% |
6.655% |
$6.40 |
|
0.000 |
6.750% |
6.790% |
$6.49 |
|
0.000 |
6.875% |
6.935% |
$6.57 |
| Loan Amount |
Points |
Interest Rate |
APR |
Payment per $1,000 Borrowed |
|
0.000 |
6.125% |
6.142% |
$8.51 |
|
0.000 |
6.125% |
6.144% |
$8.51 |
|
0.000 |
6.250% |
6.272% |
$8.57 |
|
0.000 |
6.250% |
6.275% |
$8.57 |
|
0.000 |
6.250% |
6.280% |
$8.57 |
|
0.000 |
6.250% |
6.287% |
$8.57 |
|
0.000 |
6.250% |
6.298% |
$8.57 |
|
0.000 |
6.375% |
6.440% |
$8.64 |
|
0.000 |
6.375% |
6.472% |
$8.64 |
Rates reflect minimum downpayment of 20% and are based a purchase transaction with a 30 day lock. Please call for Jumbo loan rates (Loan amounts greater than $417,000).
Rates subject to change without notice based on market conditions.
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Real Estate Loans - In-House
In-House ARM Rates Effective August 6, 2008 and are Subject to Change Without Notice.
| Term |
Interest Rate |
APR |
Payment per $1,000 Borrowed
30 year amortization |
|
5.750% |
5.308% |
$5.84 |
|
6.000% |
5.448% |
$6.00 |
|
6.250% |
5.650% |
$6.16 |
Interest rate subject to increase after consummation.
- APR based on $100,000 loan amount
- Rates assume owner occupied dwelling.
- Rates are subject to qualifying credit and may change.
- Rates assume primary account relationship with Hills Bank; rates 0.25% higher without primary account relationship.
- Maximum loan to value (LTV) 85%.
- Hills Bank and Trust Company is not responsible for typographical errors or omissions.
**RATES SUBJECT TO CHANGE WITHOUT NOTICE**
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| Term |
Annual Percentage Rate (APR) |
|
5.00% |
The margin may vary depending on credit history and loan to value. The fully Indexed APR is 5.00% and the Maximum Permissible APR is 11.00%. Loans under $40,000 would have closing costs of $37 to $48. Loans over $40,000 would have closing costs of $37 to $218. In addition, if an appraisal is required, appraisals range between $200 and $375. Rate assumes a loan to value (LTV) of 90%. For other loan to value (LTV) options and rates contact a lender at any Hills Bank location. If customer does not maintain a Hills Bank deposit relationship, then 0.25% increase will be added to the rate. Annual Percentage Rate (APR) is accurate as of 5/22/08. If customer does not maintain a Hills Bank deposit relationship, then a 0.25% increase will be added to the rate.
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| Term |
Annual Percentage Rate (APR) |
|
5.75% |
|
6.00% |
| Term |
Interest Rate |
Annual Percentage Rate (APR) |
Payment per $1,000 Borrowed
15 year amortization |
Balloon Amount |
|
5.75% |
5.75% |
$8.31 |
$862.17 |
|
6.00% |
6.00% |
$8.44 |
$760.17 |
Lines/Loans under $40,000 would have closing costs of $37 to $48. Lines/Loans over $40,000 would have closing costs of $37 to $218. In addition, if an appraisal is required, appraisals rage between $200 and $375. Rates assume a loan to value (LTV) of 90%. For other loan to value (LTV) options and rates, contact a lender at any Hills Bank location. Annual Percentage Rate (APR) is accurate as of 5/22/08. If customer does not maintain a Hills Bank deposit relationship, then a 0.25% increase will be added to the rate.
- Rates are subject to qualifying credit and may change.
- Homeowners' insurance is required.
- Flood insurance may be required.
- Consult a tax advisor regarding deductibility of interest
- Hills Bank and Trust Company is not responsible for typographical errors or omissions.
**RATES SUBJECT TO CHANGE WITHOUT NOTICE**
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Consumer Loan Rates
For consumer loan rates, please call 1-800-HILLSBK to visit with a personal banker or stop by any
Hills Bank location.
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