Loan Rates
Click here for Home Equity Loan or Home Equity Line of Credit rates
| Home Improvement | |||||
| Down Payment | Term | Interest Rate | APR | Monthly Payments per $1,000 Borrowed | |
|---|---|---|---|---|---|
| Home Improvement | 0% | 84 months | 9.500%* | 9.500% | $16.34 |
| Energy Smart Home Improvement | 0% | 120 months | 9.250% ** | 9.250% | $12.80 |
* Home Improvement Loan: Minimum loan amount is $2,500.00. Maximum loan amount is $25,000.00.
** Energy Smart Home Improvement Loan: Minimum loan amount is $2,500. Maximum loan amount is $40,000.
| HEAT Loan | |||||
| Down Payment | Term | Interest Rate | APR | Monthly Payments per $1,000 Borrowed | |
|---|---|---|---|---|---|
| 0% | 84 months | 0.000% | 0.000% | $11.90 |
Minimum loan amount is $2,000.00. Maximum loan amount is $50,000.00.
| Auto Loans | |||||
| Down Payment | Term | Interest Rate | APR | Monthly Payments per $1,000 Borrowed | |
|---|---|---|---|---|---|
| New Only | 5% | 36 months | 7.750%* | 7.750% | $31.22 |
| New Only | 5% | 48 months | 8.000%* | 8.000% | $24.41 |
| New Only | 5% | 60 months | 8.250%* | 8.250% | $20.40 |
| New Only | 5% | 72 months | 8.500%* | 8.500% | $17.78 |
| Used Only | 10% | 36 months | 8.000%* | 8.000% | $31.34 |
| Used Only | 10% | 48 months | 8.250%* | 8.250% | $24.53 |
| Used Only | 10% | 60 months | 8.500%* | 8.500% | $20.52 |
New Only model year 2023-2024. Used Only model year 2021 and newer for 60 months,
2019 and newer for 48 months, and 2018 and newer for 36 months.
We no longer offer lease buyouts on Auto loans. Only Purchase or Refinance transactions.
| Boat Loans | |||||
| Down Payment | Term | Interest Rate | APR | Monthly Payments per $1,000 Borrowed | |
|---|---|---|---|---|---|
| $2,500.00 – $10,000.00 | 25% | 60 months | 9.000%* | 9.000% | $20.76 |
| $10,001.00 – $50,000.00 | 25% | 180 months | 10.000%* | 10.000% | $10.75 |
Maximum loan amount $50,000 Maximum term is 180 months.
| Overdraft Line of Credit | |||||
| Down Payment | Term | Interest Rate | APR | Monthly Payments per $1,000 Borrowed | |
|---|---|---|---|---|---|
| 0% | 120 months | 13.75% | 13.75% | $15.38 |
Rate may vary depending on the Prime Rate published in The Wall Street Journal. Minimum APR is 10.000%. Maximum APR is 18.000% Minimum line amount is $500.00 Maximum line amount is $5,000.00.
| Personal Loan | |||||
| Down Payment | Term | Interest Rate | APR | Monthly Payments per $1,000 Borrowed | |
|---|---|---|---|---|---|
| 0% | 36 months | 14.240%* | 14.240% | $34.29 |
Minimum loan amount is $5,000.00. Maximum loan amount is $15,000.00. Maximum Term is 36 months.
| Savings Collateral Loan | |||||
| Down Payment | Term | Interest Rate | APR | Monthly Payments per $1,000 Borrowed | |
|---|---|---|---|---|---|
| 0% | 60 months | 4.100% | 4.100% | $18.01 |
APR is 4.00% over interest earned on BayCoast Bank Savings account or Certificate of Deposit. Monthly payment shown is interest only. Minimum loan amount is $500. Maximum loan amount is 90% of BayCoast Bank Savings Account balance. Maximum term is 60 months.
*Interest rates posted reflect a reduction of .25% for having the loan payment automatically deducted through a pre-authorized transfer from a BayCoast Bank checking or statement savings account. Loans without the automatic debit feature will receive an interest rate that is increased by .25%.
APR refers to Annual Percentage Rate. All interest rates and APRs are accurate as of the date above and are subject to credit approval and may change without notice. IRA and Qualified Plan Accounts cannot be used as security for any type of loan.