New Resource Bank

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Solar Example

Loan Amount $30,000
  APR Rate Type Payment Structure Monthly Payment
Solar Fixed 15 yrs 6.506% Fixed Principal & Interest $261.43/month yrs. 1-15
Solar Fixed 25 yrs 7.006% Fixed Principal & Interest $221.81/month yrs. 1-25
Solar Flex 5.754% Variable 10 years Interest only $143.85/month yrs. 1-10
15 years Principal & Interest $249.19/month yrs. 11-25

Quoted APR is subject to change after loan consummation.  Quoted payments are based on the APR remaining unchanged.  

Quoted APR includes a 0.25% discount for direct auto-pay via ACH or other direct debit.  

Quoted APR includes a 0.25% discount for opening a New Resource Bank Account and making automatic monthly payments on the loan out of that account.

Home Equity Loan

Loan Amount $100,000
  APR Rate Type Payment Structure Monthly Payment
Home Equity Loan 15 yrs 6.756% Fixed Principal & Interest $885.24/month yrs. 1-15
Home Equity Loan 25 yrs 7.254% Fixed Principal & Interest $723.06/month yrs. 1-25

Quoted APR is subject to change after loan consummation.  Quoted payments are based on the APR remaining unchanged.  

Quoted APR includes a 0.25% discount for direct auto-pay via ACH or other direct debit.  

Quoted APR includes a 0.25% discount for opening a New Resource Bank Account and making automatic monthly payments on the loan out of that account.

An additional 0.125% discount is available on a HELOC or Home Equity Loan if proceeds are used for a LEED (Leadership in Energy & Environmental Design) certified green remodel of a borrower’s home.