Loan Rates

Rates Effective as of 11/08/2021

Click here for Home Equity Loan or Home Equity Line of Credit rates
 

Home Improvement
Down PaymentTermInterest RateAPRMonthly Payments
per $1,000 Borrowed
Home Improvement0%84 months5.990%*5.990%$14.60
Energy Smart Home Improvement0%120 months5.750% **5.750%$10.98

* Home Improvement Loan: Minimum loan amount is $2,500.00. Maximum loan amount is $15,000.00.
** Energy Smart Home Improvement Loan: Minimum loan amount is $2,500. Maximum loan amount is $25,000.

HEAT Loan
Down PaymentTermInterest RateAPRMonthly Payments
per $1,000 Borrowed
 0%84 months0.000%0.000%$11.90

Minimum loan amount is $2,000.00. Maximum loan amount is $25,000.00.

Auto
Loans
Down
Payment
TermInterest
Rate
APRMonthly Payments
per $1,000 Borrowed
New Only5%36 months3.000%*3.000%$29.08
New Only5%48 months3.250%*3.250%$22.24
New Only5%60 months3.500%*3.500%$18.19
New Only5%72 months3.750%*3.750%$15.53
Used Only10%36 months3.250%*3.250%$29.19
Used Only10%48 months3.500%*3.500%$22.36
Used Only10%60 months3.750%*3.750%$18.30

New Only model year 2021-2020. Used Only model year 2019 and newer for 60 months,
2017 and newer for 48 months, and 2015 and newer for 36 months.

Boat Loans
Down PaymentTermInterest RateAPRMonthly Payments
per $1,000 Borrowed
$2,500.00 – $10,000.0025%60 months5.990%*5.990%$19.33
$10,001.00 – $50,000.0025%180 months6.990%*6.990%$8.98

Maximum loan amount $50,000 Maximum term is 180 months.

Overdraft
Line of Credit
Down PaymentTermInterest RateAPRMonthly Payments
per $1,000 Borrowed
 0%12 months10.00%10.00%$91.66

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 PaymentTermInterest
Rate
APRMonthly Payments
per $1,000 Borrowed
 0%36 months10.990%*10.990%$32.73

Minimum loan amount is $1,000.00. Maximum loan amount is $40,000.00. Maximum Term is 36 months.

Savings Collateral Loan
Down PaymentTermInterest
Rate
APRMonthly Payments
per $1,000 Borrowed
 0%60 months4.100%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.