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Consumer Loan Rates




All Interest Rates are subject to credit approval and may change without notice.

Loan Type Annual
Percentage
Rate
Minimum
Amount
Term Monthly P & I Per $1,0004
(for fixed rate,
closed end loans)
1  This rate varies and will be the Prime Rate, plus 1%, as published in the Wall Street Journal. This rate may change daily. The maximum annual percentage rate will not exceed 18.00%
2  This rate varies and will be the Prime Rate, as published in the Wall Street Journal plus 3.50%. This rate may change daily. The maximum annual percentage rate will not exceed 18.00%.
3  A .25% rate discount will be applied to all fixed rate loans with a direct debit of payment from a Connecticut Community Bank deposit account.
4  Payment amount assumes 30 days to first payment.
5  This rate varies and will be the Prime Rate, as published in the Wall Street Journal, with a minimum interest rate of 5.00%. This rate may change daily, but will never go below 5.00%. No annual fee. The maximum Annual Percentage Rate will not exceed 18.00%. Draw period is the first 118 months, interest payments are due monthly on principal outstanding.  No draws are available in the remaining 120 months, interest and principal payments are due monthly in substantially equal installments.
6  Loan may be up to 75% of the purchase price, excluding taxes and fees.
7  Loan may be up to 75% of the amount stated by NADA, excluding taxes and fees.
8  Interest may be tax deductible.  Please consult your tax advisor for further guidance.


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