Loan Rates
Rates as of 03/16/2020
Auto Loans
Auto loan rates are based on the applicant's credit score, loan amount and term of loan.
- Tier 1 - 726 or higher credit score.
- Tier 2 - Credit Score between 650 - 725.
Vehicle Year |
Amortization |
Tier 1 |
Tier 2 |
2018 - 2020 |
up to 72 months |
4.00% |
5.00% |
2016 - 2017 |
up to 60 months |
4.50%
|
5.25% |
2014 - 2015 |
up to 48 months |
5.00% |
5.50% |
2013 - Below |
up to 36 months |
6.00% |
6.25% |
Sample Scenario (Based on Tier 1 credit score) (72 month) : A 6-year, $10,000 loan and $50 document prep fee, on a 2018-2020 model with a 4.233% APR would be 72 principal and interest payments of $156.88 per month. Rates are stated as Annual Percentage Rate (APR) and are effective as of 01/01/2020. Rates are subject to change without notice. Subject to credit approval.
Sample Scenario (Based on Tier 2 credit score) (72 month) : A 6-year, $10,000 loan and $50 document prep fee, on a 2018-2020 model with a 5.25% APR would be 72 principal and interest payments of $161.56 per month. Rates are stated as Annual Percentage Rate (APR) and are effective as of 01/01/2020. Rates are subject to change without notice. Subject to credit approval.
* All model years that do not have an auto pay from a Premier Bank checking will have an increase of 0.25% to the rates listed.
Risk Based Pricing: Rates may be higher and are dependent on an applicant’s Loan to Value and Credit Score. To obtain rates based on your scenario, please contact us at 563-588-1000. Note: Payment examples do not include amounts for taxes and insurance, if applicable, and actual payments may be greater.
Boat | RV | Motorcycle | Snowmobiles | ATV | Motor Home
Model Year |
Amortization |
Interest Rate |
2018 - 2020 |
up to 72 months |
6.25% |
2016 - 2017 |
up to 60 months |
6.75% |
2014 - 2015 |
up to 48 months |
7.00% |
2013 - Below |
up to 36 months |
7.25% |
Sample Scenario : A 6-year, $10,000 loan and $50 document prep fee, on a 2018-2020 model with a 6.521% APR would be 72 principal and interest payments of $167.53 per month. Rates are stated as Annual Percentage Rate (APR) and are effective as of 01/01/2020. Rates are subject to change without notice. Subject to credit approval.
Home Equity Line of Credit - Adjustable Line
Credit Score |
Initial Rate |
APR |
700+ |
4.00% |
4.003% APR |
*Annual Percentage Rate (APR) available for a limited time. For conforming loans adjusts monthly to one-half point below Prime Rate (currently 3.25%) as published in the Wall Street Journal, and will vary, with a floor of 4.00%. Maximum rate is 15.00%. Add .50% to variable rate for no Premier Bank checking account. Ten-year term up to 85% loan-to-value ratio. Homeowner’s insurance required. Owner occupied dwellings only. Subject to credit qualification. Loans requiring an appraisal are subject to $250-$400 appraisal fee. No annual fees. Consult your tax advisor regarding the deductibility of interest. Sample Scenario based on 700+ credit score and the variable rate is based on 80% or less loan-to-value. Based on a $20,000 conforming loan: 120 interest only payments ranging from $61.37 to $67.95 based on the the 4.002% APR. Risk Based Pricing: Initial starting rates (and adjustable rates) may be higher and are dependent on an applicant’s Loan to Value and Credit Score. To obtain rates based on your scenario, please contact us at 563-588-1000. Note: Loan requires monthly interest only payments that will be calculated on the amount of the current outstanding balance.
10 Year Home Equity Loan - Closed End
Credit Score |
Loan to Value <80% |
APR |
700+ |
4.50% |
4.621% |
*Annual Percentage Rates (APR). Add 0.50% for no Premier Bank Checking Account. Homeowner's insurance required. Owner occupied dwellings only. Subject to credit qualification. Closing costs to be paid by borrower. Loans requiring an appraisal subject to $250-$400 appraisal fee. There is a $95 loan origination fee. No annual fees. Consult your tax advisor regarding the deductibility of interest. Sample Scenario based on 700+ credit score and Loan to Value of < 80%. Based on a $20,000 conforming loan: 119 monthly payments of $207.31 and one final payment of $206.95. Risk Based Pricing: Rates may be higher and are dependent on an applicant’s Loan to Value and Credit Score. To obtain rates based on your scenario, please contact us at 563-588-1000. Note: Payment examples do not include amounts for taxes and insurance, if applicable, and actual payments may be greater.
20 Year Home Equity Arm Loan - Closed End
Credit Score |
Loan to value <80% |
APR |
700+ |
Initial starting rate is: 4.75% |
4.818% |
*Annual Percentage Rates (APR) are based on a $20,000 loan and loan-to-value ratio of 80%. Add 0.50% for no Premier Bank Checking Account. Loan is fixed for 10 years at 4.75%, then adjusts annually at Prime Rate minus 0.25% (Prime Rate is currently 3.25% as published in the Wall Street Journal), and will vary, with a floor of 4.75% and a ceiling of 15%. 20-year term. Homeowner’s insurance required. Owner occupied dwellings only. Subject to credit qualification. Closing costs to be paid by borrower. Loans requiring an appraisal subject to $250-$400 appraisal fee. There is a $95 loan origination fee. No annual fees. Consult your tax advisor regarding the deductibility of interest. Sample Scenario based on 700+ credit score and Loan to Value of < 80%. Based on a $20,000 conforming loan: 119 monthly payments of $129.28, then monthly payments will change based on the current index rate. Risk Based Pricing: Initial starting rates (and adjustable rates) may be higher and are dependent on an applicant’s Loan to Value and Credit Score. To obtain rates based on your scenario, please contact us at 563-588-1000. Note: Payment examples do not include amounts for taxes and insurance, if applicable, and actual payments may be greater.