Consumer Loan Rates
Downers Grove National Bank


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Consumer Loan Rates


Home Equity Line of Credit – Variable
Tier 80% LTV 100%
Annual Percentage Rate Prime Rate* Prime Rate* + 3.0%
Annual Fee $20.00 $20.00/$250 Application Fee

*The Annual Percentage Rate (APR) on the Real Estate Advantage Line (REAL) from Downers Grove National Bank is variable and can adjust monthly according to market conditions. It is based on Prime Rate as published on the last business day of the preceding month in the Money Rates Section of The Wall Street Journal. Maximum APR is 15%. Property insurance required.

Home Equity Fixed Rate Loans
Term Annual Percentage Rate
60 Months 4.750%
120 Months 6.250%
180 Months

7.250%

Fees Under $10,000 – $175
  Over $10,000 – none

Bridge Loans/Vacant Lot Loans

Bridge Loans
Term Rate Fees LTV
6 Months Prime Rate* + 1.0% Fixed Call 80%

* The Annual Percentage Rate (APR) is variable and can adjust monthly according to market conditions. It is based on Prime Rate as published on the last business day of the preceding month in the Money Rates Section of The Wall Street Journal.

Vacant Lot Loans
Term Rate Fees LTV
12 Months Prime Rate* + 1.0% Fixed Call 80%

* The Annual Percentage Rate (APR) is variable and can adjust monthly according to market conditions. It is based on Prime Rate as published on the last business day of the preceding month in the Money Rates Section of The Wall Street Journal.

Auto Loans
  Months Contract Rate Fees Annual Percentage Rate*
2004-2003 60 5.99% None 5.99%
2002-2000 48 6.99% None 6.99%
1999 36 7.99% None 7.99%

All terms, rates and conditions are subject to change without notice. All loan applications are subject to credit approval.

Motorcycle Loans
  Months Contract Rate Fees Annual Percentage Rate*
2004-2003 60 7.99% None 7.99%
2002-2000 48 8.99% None 8.99%
1999 36 9.99% None 9.99%

All terms, rates and conditions are subject to change without notice. All loan applications are subject to credit approval.

Secured Loans
Type Term Rate Fees
Term Note 6 Months Prime Rate* + 1.0% Fixed $40.00
Certificate of Deposit 60 Months Certificate of Deposit Rate + 3.0% Fixed None
Stock 60 Months Prime Rate* + 1.0% Fixed None

Unsecured Loans
Type Rate Term Loan Amount Fees APR**
Short Term Prime Rate* + 3.0% Fixed 6 Months $1,000 & Over $40.00 15.057%
Installment 15.0% 24 Months $1,000 to $3,000 $40.00 16.372%
  15.0% 36 Months $3,000 & Over $40.00 15.952%
Cash Reserve Prime Rate* + 4.9% Revolving $5,000 None  
Personal Advantage Line Prime Rate* + 4.9% Revolving $25,000 $35.00
Annual		  

* The Annual Percentage Rate (APR) is variable and can adjust monthly according to market conditions. It is based on Prime Rate as published on the last business day of the preceding month in the Money Rates Section of The Wall Street Journal. **The annual percentage rate is based on a loan amount of $3,000.


For additional rates and information, contact our loan division at (630) 968-6301, ext. 280 or email consumer@dgnb.com. All loans are subject to credit approval.

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