loan Disclosures

Mortgage Rates

The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $150,000, an estimated property value of $200,000 and downpayment of 25% ($50,000). The property is located in Waterloo, IA and is within Black Hawk county. The property is an existing single family home and will be used as a primary residence. The rate lock period is 45 days and the assumed credit score is 740. An escrow (impound) account is required. The actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.  All rates, terms and conditions are subject to change without notice.

30 Year Fixed Rate

At a 4.500% interest rate, the APR** for this loan type is 4.535%. The monthly payment schedule would be:

  • 360 payments of $760.03 at an interest rate of 4.500%
15 Year Fixed Rate

At a 3.875% interest rate, the APR** for this loan type is3.935%. The monthly payment schedule would be:

  • 180 payments of $1,100.16 at an interest rate of 3.875%

Home Equity Loan Rates

The payment schedules are based on a $40,000 loan in Black Hawk County, IA with no downpayment and a Loan To Value of 95%. If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums. All rates, terms and conditions are subject to change without notice.

5 Year Fixed Rate

At a 3.750% interest rate, the APR** for this loan type is 3.858%. The monthly payment schedule would be:

  • 60 payments of $732.16 at an interest rate of 3.750%
10 Year Fixed Rate

At a 4.375% interest rate, the APR** for this loan type is 4.432%. The monthly payment schedule would be:

  • 120 payments of $400.24 at an interest rate of 4.375%
15 Year Fixed Rate

At a 4.750% interest rate, the APR** for this loan type is 4.790%. The monthly payment schedule would be:

  • 180 payments of $303.45 at an interest rate of 4.750%

Auto Loans

Rates subject to credit rating, standard underwriting and subject to change at anytime.  FSB uses NADA as a guide to determine value.  See Bank for more details.

Automobiles & Motorcycles

10 - A loan amount of $16,000 for a new auto with a rate of 5.00% with a maximum term of 60 months will result in a payment of $301.91 and an APR** of 5.00%. No downpayment required.

Snowmobiles, ATVs, Dirt Bikes, etc.

12 - A loan amount of $5,000 for a snowmobile with a rate of 7.35% with a maximum term of 36 months will result in a payment of $155.19 and an APR** of 7.35%. No downpayment required.

**APR = Annual Percentage Rate