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Loan Rates


We present the following products with no application fees. 

Home Equity Line (Standard)

We offer Home Equity Loans and Lines of Credit on one to four family owner occupied properties in NJ and PA. The home must be the owner's primary residence

Home Equity Loan Term Interest Rate
APR
FLOOR
5 Year Draw Period Prime +.74%
current variable*
3.99%

Prime + 1.24%
current variable**
4.49%

3.99%



4.49%


3.99%



4.49%

* With Automatic Payment from The Bank of Princeton or MoreBank Checking Account.  Annual Percentage Rate shown includes a 1/2 % rate reduction.

**  Without Automatic Payment from The Bank of Princeton or MoreBank Checking Account.

Rates may increase after consummation.

Hazard Insurance is required on all Equity Loans or Equity Lines of Credit.

Minimum line amount $ 10,000 . 1 st 5 years interest only; 15 year repayment - principal and interest; title insurance required over $ 500,000 . Maximum CLTV of 80 %.
Early termination fee if paid off or refinanced within 24 months of settlement; $ 200 for loan amounts $ 20,000 and less; $ 400 for loans greater that $ 20,000 .


Home Equity Loan

We offer Home Equity Loans and Lines of Credit on one to four family owner occupied properties in NJ and PA. The home must be the owner's primary residence.

Home Equity Loan Term
Interest Rate
APR
3 Years 5.00%
5.00%

5 Years 5.00%
5.00%

7 Years 5.50% 5.50%

10 Years 5.50%
5.50%
15 Years 6.125%
6.125%

Hazard Insurance is required on all Equity Loans or Equity Lines of Credit.

Minimum loan amount $ 10,000 ; title insurance required over $ 500,000 ; Maximum CLTV of 80 %.


Overdraft Protection


Minimum
Maximum
Interest Rate
APR
$250 $20,000 14.00%
14.00%

Personal Loan 

Secured
Minimum Term LTV Interest Rate
CD $1,000 12 to 60 months Contact loan center for rates and LTV

Unsecured Minimum/
Maximum
Term Interest Rate APR

$500 /
$20,000
Max. of 60 months
14.00%
14.00%

Auto Loan

Auto
Maximum LTV
36 Months
Down Pmnt/
Rate
48 Months
Down Pmnt/
Rate
60 Months
Down Pmnt/
Rate
New
(non-titled)
2014-2015
80% of dealer invoice
or purchase price.
20% /
5.75% APR
20% /
6.00% APR
20% /
6.50% APR




Used
2012-2013
80% of value per accredited
used car guide book.
20% /
6.50% APR
30% /
6.25% APR
20% /
6.75% APR
30% /
6.50% APR
N/A

N/A





***Terms, Rates and Fees are subject to change without notice. Interest Rates subject to credit approval. APR = Annual Percentage Rates. Contact The Bank of Princeton for details. Call your local Customer Service Representative or 609.921.1700