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PERSONAL BANKING
 
Automobile/Motorcycle Loans  
   
Whether you are buying a new or used vehicle or motorcycle, we offer competitive rates and terms. We will finance 90% of the lesser of the sales price or NADA book value. If you have the payment automatically deducted from a Monson Savings Bank checking or savings account, we will reduce the interest rate by ¼%

Rates as of Friday, July 3, 2009

Product Description Interest Rate APR Payment per $1,000 Payments Apply
New Car Loan
48 Months
New Car 2009/2008
 
7.000% 7.000% $23.95 Show Payments
60 Months
New Car 2009/2008
 
7.500% 7.500% $20.04 Show Payments
Used Car Loan
48 Months
Used Car 2008 -2005
 
8.000% 8.000% $24.41 Show Payments
36 Months
Used Car 2004- 2003
 
8.750% 8.750% $31.68 Show Payments
24 Months
Older Vehicles prior to 2003
 
13.750% 13.750% $47.89 Show Payments

All rates .25% off when automatic withdrawal is set up from a deposit account at Monson Savings. Minimum of 10% down required. Annual Percentage Rates are based on $10,000.00 borrowed. This offer and the above rates are all subject to change or withdrawal without notice. In order to receive a guaranteed rate an application must be submitted, an agreement must be signed, and a refundable rate lock fee of $500.00 must be paid to Monson Savings Bank.