Boats, RV & Motorcycle Loans
We have made financing easy and affordable. South Side Bank can make that dream become a reality. We offer financing for pleasure crafts and RV's of all shapes and sizes.
South Side Bank offers a 0.25% discount on all boat, RV and motorcycle loans if your monthly payment is automatically deducted from a South Side Bank account.
Rates as of Thursday, February 2, 2012 |
|||
| Product Description | Interest Rate as Low as | APR* as Low as | Payment per $1,000 |
| Motorcycles | |||
| New Motorcycles, 60 months | 6.000% | 6.146% | $19.33 |
| Used 2005 & newer 60 months | 6.500% | 6.647% | $19.57 |
| 2004 & older 36 months | 7.000% | 7.237% | $30.88 |
| Boats and RVs | |||
| New 84 months | 6.250% | 6.357% | $14.73 |
| New 120 months | 6.750% | 6.829% | $11.48 |
| Used 84 months | 6.500% | 6.608% | $14.85 |
| Used 120 months | 7.000% | 7.079% | $11.61 |
*Fixed APR current as of date displayed. Your final rate/APR can sometimes be different than what you see on the southsidebank.com website and there are specific reasons. The “as low as” rates/APR’s listed on our website are assuming excellent credit history. The final contract rate you receive after you have completed your application is calculated according to: Your Credit Rating, Loan Terms (number of months) and Type of Purchase (new, used). The final APR you receive is calculated the same as your contract rate but includes a loan origination fee of $50.00 and Vendor Single Interest fee of $20.00. Assume you will borrow $19,930.00 and there is a $70.00 prepaid finance charge for a total loan of $20,000.00. The calculated APR on a 5-year new motorcycle loan with an interest rate of 6.00% would be 6.146% with payments of $386.66.
For more information regarding Boat, RV and Motorcycle loans , please click here to contact the branch closest to you.
|
