*APR=Annual Percentage Rate. 80% loan to value based on tax assessment (over 50% LTV may require a full appraisal) 1-2 Unit Owner Occupied Property Only. No points and no closing costs.(if an appraisal is required there will be a $250 upfront fee to the borrower) Loan subject to a recovery of fees of up to $400 if paid off within the first 2 years. Minimum Loan Amount $50,000, Maximum $250,000. Rates are subject to change without notice.
** Rate reflects 1/4% rate reduction for automatic deduction from RSB Checking Account.
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| Term | Rate** | Points | APR * | Repayment
per $1,000 | | 5 YR | 6.625% | no | 6.625% | $19.62 | | 10 YR | 6.750% | no | 6.750% | $11.48 | | 15 YR | 7.000% | no | 7.000% | $8.99 | | 20 YR | 7.250% | no | 7.250% | $7.90 |
** Rate reflects 1/4% rate reduction for automatic deduction from RSB Checking Account
.*APR=Annual Percentage Rate. 80% loan to value based on tax assessment (over 50% LTV may require a full appraisal)
1-2 Unit Owner Occupied. Property Only. No points and no closing costs.(if an appraisal is required there will be a $250 upfront fee to the borrower) Loan subject to a recovery of fees of up to $400 if paid off within the first 2 years. Minimum Loan Amount $50,000, Maximum $250,000.Rates are subject to change without notice.
| Equity Line of Credit - Adjustable Rate    | | Term | Rate* | Points | APR* | Closing Costs | Repayment
Terms | | ** see below | **5.750% | no | ** 5.750% | no | ** see below |
This is a variable rate loan.
* APR=Annual Percentage Rate. 1-2 Unit Owner Occupied. Property must be located in Lending Area to qualify. Up to 70% LTV based on tax assessment. (over 50% LTV may require a full appraisal) Up to 80% LTV allowed if RSB holds the first mortgage. No points and no closing costs. (if an appraisal is required there will be a $250 upfront fee to the borrower). Subject to a recovery of fees of up to $400 if paid off within the first 2 years. 80% of Real Estate Tax Assessment or AVM. Minimum Loan Amount $20,000, Maximum $250,000.
** Rate reflects 1/4% reduction for automatic deduction from a RSB checking account. Rates are subject to change without notice. Initial reduced rate: Fixed rate of 5.750% for the first six (6) months if borrower(s) open and maintains a RSB checking account. The rate thereafter is the Wall Street Journal (WSJ) Prime Rate for the life of the loan adjusted monthly.WSJ Prime Rate is currently 6.00%. Rate Cap:18%, Floor rate cap:6%.
Minimum monthly payment will equal all accrued interest as of the closing date of the billing cycle plus 0.05% of outstanding balance of principal on the closing date of the billing cycle provided the principal payment shall not be less than $50.00 plus any amounts past due, after which the balance is amortized over 10 years.
| | Equity Line of Credit -Interest Only / Fixed Rate | | Term | Rate * | Points | APR * | Repayment Terms | | ** see below | 7.50% | no | 7.500% | ** see below |
This is a variable rate loan.
Rate is fixed for the life of the loan.(3 YRS INTEREST ONLY DRAW PERIOD / 7 YEARS PRINCIPAL & INTEREST AMORTIZATION) Up to 70%. Owner-occupied only.LTV based on tax assessment. (over 50% LTV may require a full appraisal) Up to 80% LTV allowed if RSB holds the first mortgage. No points and no closing costs. (if an appraisal is required there will be a $250 upfront fee to the borrower) 1-2 units. Minimum loan amount: $20,000. Maximum loan amount: $250,000. If the loan is terminated within the first 2 years then a payment of recuperation fees up to $400 may be assessed.
* APR=Annual Percentage Rate.
** Minimum monthly payment will equal interest only during the 3 year draw period, after which the balance will be amortized over 7 years.
Auto Loan   | Type | Rate/APR | Maximum LTV | Maximum Term | Repayment
per $1,000 | | New Auto | 6.375%* | 95% of base purchase price or current NADA Average Retail Value (if available)
| 60 Months | $19.51 | | Used Auto | 6.750%* | NADA Average Retail Value or 90% of Purchase (whichever is lower)
| 48 Months | $23.84 |
* APR=Annual Percentage Rate. This rate reflects a one-half percent (.50%) reduction with automatic deduction from Randolph Savings checking. There will be a one-half (.50%) increase without automatic deduction from Randolph Savings checking.
| Other Consumer Loans | | Type | Rate/APR | Maximum LTV | Maximum Term | Repayment
per $1,000 | | Personal | 13.75%* | $7,500 | 48 Months | $27.21 | | Access Plus Revolving Credit | 6.00% above Prime, Current Rate 12.00% | $7,500 | n/a | n/a | | Passbook Secured | Deposit rate plus 3.00% | 95% of balance | n/a | n/a | | Term Secured | Deposit Rate plus 3.00% | 90% of balance | n/a | n/a |
*APR=Annual Percentage Rate. This rate reflects a one-half percent (.50%) reduction with an automatic deduction from a Randolph Savings Bank checking account. There will be a one-half (.50%) increase without automatic deduction from Randolph Savings checking. Rates may increase if deposit rate changes.
  
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