SussexBank offers many types of credit services with a variety of terms, conditions and rates. The following are examples of our most frequently requested consumer loan rates. SussexBank makes every attempt to keep this page current, however rates are subject to change without notice.
To verify our rates on these and other credit services offered by the bank, please speak with a branch representative. For a listing of our addresses and phone numbers, visit our locations page.
SussexBank also offers a wide range of affordable financing solutions for businesses. To obtain a quote, please call Margaret Hennessy Post at 973-827-3726, ext. 154.
Use a loan calculator to determine the
monthly payments of your loan.
Click on the links below to find out more about each Account's Interest Rates.
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| Home Equity Lines of Credit |
Minimize
|
180 mo draw & 180 mo repay |
Wall St. Journal Prime (WSJP) minus 1.75% for the first 6 months. Thereafter, WSJP not to exceed 16% |
Important Information:
APR indicated is for 1-2 family New Jersey owner-occupied homes. Maximum LTV is 80%. Property insurance is required and flood insurance may be required. The APR is variable, and is equivalent to the highest Prime Rate published in the Wall Street Journal Prime Rate, and becomes effective the first business day after statement cut-off. Maximum APR is 16%. Interest may be tax-deductible, but please consult your tax advisor. Subject to credit approval. |
| Home Equity Loan |
Minimize
Annual Percentage Rate = APR
|
60 months |
5.50% |
|
60 months |
5.75% |
|
120 months |
5.75% |
|
120 months |
6.00% |
|
180 months |
6.25% |
|
180 months |
6.50% |
|
60/360 Balloon |
5.75% |
|
120/360 Balloon |
6.00% |
|
180/360 Balloon |
6.25% |
Important Information:
APR's include a .50% reduction for automatic debit from a SussexBank personal checking/savings account. APR is fixed for the term of the loan. Payment example: At 5.50% APR, 60 monthly payments of $19.10 per $1,000 borrowed. For 1-2 family New Jersey owner-occupied homes. Interest may be tax-deductible, but please consult your tax advisor. Subject to credit approval. |
| Automobile Loans |
Minimize
Annual Percentage Rate = APR
|
36 Months |
6.00% |
|
48 Months |
6.25% |
|
60 Months |
6.50% |
|
36 Months |
7.25% |
|
48 Months |
7.50% |
|
60 Months |
7.75% |
Important Information:
APR's include a .50% reduction for automatic debit from a SussexBank personal checking/savings account. Subject to credit approval. Payment example: At 6.50% APR, 60 monthly payments of $19.57 per $1,000 borrowed. |