Consumer Installment Loan Rates are discounted 1/2% for automatic deduction from your Solvay Bank Checking Account.
 

Loan Type	Annual Percentage Rate
1. Consumer Installment Auto Loan Type 1
Auto - 2008, 2007 12 months	5.000
Auto - 2008, 2007 24 months	5.000
Auto - 2008, 2007 36 months	5.000
Auto - 2008, 2007 48 months	5.250
Auto - 2008, 2007 60 months	5.500
Auto - 2008, 2007 72 months	6.000
Auto - 2006, 2005 24 months	5.500
Auto - 2006, 2005 36 months	5.500
Auto - 2006, 2005 48 months	5.750
Auto - 2006, 2005 60 months	6.000
Auto - 2004, 2003 24 months	6.250
Auto - 2004, 2003 36 months	6.250
Auto - 2004, 2003 48 months	6.500
Auto - 2004, 2003 60 months	6.750
Auto - 2002 24 months	7.500
Auto - 2002 36 months	7.500
Auto - 2002 48 months	7.750
2. Consumer Installment Personal Loan Type 2
Personal Secured -up to 60 months	9.000
Personal Unsecured -up to 60 months	11.000
3. Consumer Installment Home Improvement Loan Type 3
Home Improvement - Secured - 25 - 48 months	6.500
Home Improvement - Secured - 49 - 60 months	7.250
Home Improvement - Secured - 24 months or less	6.250
Home Improvement - Unsecured - up to 60 months	10.000
4. Consumer Installment Motorcycle - New (Titled) Loan Type
Motorcycle - New (Titled) 12 months	7.000
Motorcycle - New (Titled) 24 months	7.000
Motorcycle - New (Titled) 36 months	7.250
Motorcycle - New (Titled) 48 months	7.500
Motorcycle - New (Titled) 60 months	7.750
5. Consumer Installment Boat and Motor Home Loan Type 1
Used Boats & Motor Homes - 60 Months or less	7.990
Used Boats & Motor Homes - 61 to 72 Months	8.250
Used Boats & Motor Homes - 73 to 120 Months	8.500
New Boats & Motor Homes - 60 months or less	6.750
New Boats & Motor Homes - 61 to 72 Months	6.990
New Boats & Motor Homes - 73 to 120 months	7.250

¹ By way of example, for AUTO, BOAT or MOTOR HOME, with a purchase price of $10,000, a 10.00% down payment equaling $1,000 and an annual percentage rate of 6.50% for 48 months, your monthly payment would be $213.45.

² By way of example, on a PERSONAL loan for $5,000 with an annual percentage rate of 9.50% for 36 months, your monthly payment would be $160.14.

³ By way of example, on a HOME IMPROVEMENT loan for $4,000 with an annual percentage rate of 10.00% for 48 months, your monthly payment would be $101.46.