Consumer Loans

Fixed Rate / Fixed Term

Loan Term
24 months
Annual Percentage Rate
3.990%
Number of Payments
24
Effective Date
4/21/2014
Terms and Conditions
These rates are subject to change without notice. Loan to Value is less than or equal to 85%. Consult your tax advisor regarding tax deductible status of your loan. Repayment equals 24 monthly payments of $43.98 per $1,000 borrowed. For loans secured by a first lien on a dwelling payments do not include amounts for taxes and insurance premiums, if applicable, and the actual payment obligation will be greater. NO CLOSING COST OPTION: If you set up and maintain an Automatic Funds Transfer ("AFT") or Automatic Clearing House ("ACH") to make the monthly payment on your loan account, then First American Bank will pay the fees previously disclosed to you associated with opening your loan account, including, but not limited to, appraisal, title, flood, credit report and recording fees (the “Third Party Fees”). If you fail to maintain the AFT or ACH for the term of your loan account, then you agree to pay the Third Party Fees.
Equal Housing Lender
Member FDIC