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.
Show All Rates | Hide All Rates
| Home Equity Lines of Credit |
Minimize
|
15 year draw; 15 year repay |
2.99% APR for first 3 months (fixed). Then Prime for the life of the line. |
Important Information:
Annual Percentage Rate indicated is for 1-4 family owner-occupied homes in NJ, NY or PA. Maximum LTV is 75%. After the 3-month introductory period, the APR is a variable rate based on the Prime Rate (as published in the Wall Street Journal), which, as of 12/17/2008 is 3.25%. Minimum APR is 4.00%, maximum APR is 16.00%. Rates and terms are subject to credit approval. Property insurance is required; flood and title insurance may be required. No closing costs applicable on lines up to $250,000; appraisal fees apply for lines over $250,000. Lines over $500,000 may be subject to different rates and terms. NY residents must pay a mortgage recording tax at closing. Interest may be tax-deductible, consult with your tax advisor. |
| Home Equity Loan |
Minimize
Annual Percentage Rate = APR
|
60 months |
5.75% |
|
60 months |
6.00% |
|
120 months |
6.00% |
|
120 months |
6.25% |
|
180 months |
6.50% |
|
180 months |
6.75% |
|
240 Months |
6.00% |
|
240 Months |
6.00% |
|
60/360 Balloon |
6.00% |
|
120/360 Balloon |
6.25% |
|
180/360 Balloon |
6.50% |
Important Information:
APR's include a .25% reduction for automatic debit from a SussexBank personal checking/savings account. APR indicated is for 1-4 family owner-occupied homes in NJ, NY or PA. Maximum LTV is 75%. APR is fixed for the term of the loan. Property insurance is required; flood and title insurance may be required. No closing costs applicable on loans up to $250,000; appraisal fees apply for loans over $250,000. Loans over $500,000 may be subject to different rates and terms. NY residents must pay a mortgage recording tax at closing. Payment example: At 5.75% APR, 60 monthly payments of $19.22 per $1,000 borrowed. Interest may be tax-deductible, consult with your tax advisor. |
| 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 .25% 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. |
