Personal Banking Loan Rates*

Use the links below to browse our interest rates and Annual Percentage Rates (APRs).

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Mortgage Rates

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Home Equity Lines

Effective April 9, 2014

Up To and Including 75% Loan-to-Value

Amount1

Interest Rate

APR2

$10,000 – $24,999

$25,000 and above

Prime+0.25 to Prime+2.25

Prime+0.00 to Prime+2.00

4.00 – 5.00

3.50 – 5.25

Apply Now

Apply Now

75.05% to 80% Loan-to-Value

$10,000 – $24,999

$25,000 and above

Prime+0.75 to Prime+1.50

Prime+0.50 to Prime+1.25

4.00 – 4.75

3.50 – 4.50

Apply Now

Apply Now

80.01% to 85% Loan-to-Value

$10,000 – $24,999

$25,000 and above

Prime+1.00 to Prime+1.25

Prime+0.75 to Prime+1.00

4.25 – 4.50

3.50 – 4.25

Apply Now

Apply Now

85.01% to 90% Loan-to-Value

$10,000 – $24,999

$25,000 and above

Prime +1.25

Prime+1.00

4.50

3.50

Apply Now

Apply Now

Apply online, call 800-241-1749, or visit your nearest branch to apply today.

1An annual fee of $50 applies in Illinois and Indiana. An annual fee of $15 applies in Iowa. Change in terms fee of $100 and subordination fee of $200 applies to all EquiFlexSM Home Equity Lines. Minimum lock amount of $5,000. Minimum lock term of 36 months and maximum lock term equal to remaining term of line. $50 fee to lock and unlock applies. Owner occupied properties only. Property insurance required.

2APR based on your loan-to-value (LTV), your approved line amount, and credit criteria, and will range from a variable APR of Prime to Prime+2.25, subject to change with Prime. As of today, the Prime Rate is 3.25%, which results in an APR of 3.50% to 5.25% on your new EquiFlexSM Home Equity Line. The "floor" is 4%, and the "ceiling" is 18%. No discount rate programs or promotions apply. Rates are variable and may increase after consummation.

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Home Equity Loans

Effective April 9, 2014

Up To and Including 75% Loan-to-Value

Amount

Interest Rate

APR2

$5,000 – $24,999

$25,000 and above

Prime+0.75 to Prime+2.50

Prime+0.50 to Prime+2.25

4.00 – 5.75

3.75 – 5.50

Apply Now

Apply Now

75.01% to 80% Loan-to-Value

$5,000 – $24,999

$25,000 and above

Prime+1.25 to Prime+2.50

Prime+1.00 to Prime+2.25

4.50 – 5.75

4.25 – 5.50

Apply Now

Apply Now

80.01% to 85% Loan-to-Value

$5,000 – $24,999

$25,000 and above

Prime+1.25 to Prime+2.00

Prime+1.00 to Prime+1.75

4.50 – 5.25

4.25 – 5.00

Apply Now

Apply Now

85.01% to 90% Loan-to-Value

$5,000 – $24,999

$25,000 and above

Prime+1.50

Prime+1.25

4.75

4.50

Apply Now

Apply Now

Apply online, call 800-241-1749, or visit your nearest branch to apply today.

1Based on county of residence: appraisal fees range from $14 to $1,000; title search ranges from $35 to $150; flood certification ranges from $6 to $20; and recording fees range from $45 to $99. Tax monitoring services are $75. Loans >$250,000 incur a one-time, flat $305 fee plus $50 per hundred-thousand over $200,000. Property insurance required. Rates and APRs based on owner-occupied property.

2APR based on your loan-to-value (LTV), your approved line amount, and credit criteria. Personal Banking clients with one of the following checking accounts – Club, Club 50, Choice, Direct Pay, Direct Pay Plus or automatic debits from any First Midwest Checking account – should contact their First Midwest Banker to discuss rate discount eligibility.

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Home Equity Loan Payment Examples

Examples1

5-Year Term

15-Year Term

Loan Amount

APR

# Monthly Payments

Principal and Interest

$50,000

5.00%

60

$944

$50,000

6.00%

180

$395

1 Assumes 80% loan-to-value (LTV) and equal payments of 60 months or 180 months with a 5.00% and 6.00% Annual Percentage Rate (APR) respectively.

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Home Improvement Loans

Effective April 9, 2014

Amount

Interest Rate

APR1

$10,000 - $25,000

Prime + 2.74 to Prime + 3.24

6.15 to 6.65

Apply online, call 800-241-1749, or visit your nearest branch to apply today.

Home Improvement Loan Payment Examples

Examples

Prime + 2.74 Interest Rate

Prime + 3.24 Interest Rate

Loan Amount

APR1

# Monthly Payments

Principal and Interest

$20,000

6.15%

84

$293.54

$20,000

6.65%

84

$297.85

1Annual Percentage Rate (APR) is based on Prime + 2.74% or Prime + 3.24% and $100 Documentation Fee. Prime is currently 3.25% as listed in the Wall Street Journal as of 12/18/2013. Subject to credit approval. We reserve the right to modify or withdraw the offer at any time.

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Auto Loans

Effective April 9, 2014

2013 and Newer Vehicles

Term (Months)

Interest Rate

APR1

72

66

60

48

36

7.25 – 11.00

6.75 – 10.50

4.99 – 8.39

3.50 – 6.90

3.50 – 6.90

7.61 – 11.37

7.13 – 10.90

5.40 – 8.81

3.50 – 7.41 

3.50 – 7.57

Used 2012 – 2008 Vehicles 

66

60

48

36

6.75 – 10.60

4.99 – 8.49

3.50 – 7.00

3.50 – 7.00

7.13 – 11.00

5.40 – 8.91

3.50 – 7.51

3.50 – 7.67

Used 2007 and Older Vehicles2 

48

36

7.73 – 13.58

7.73 – 13.58

8.25 – 14.12

8.41 – 14.28

Call 800-241-1749 or visit your nearest branch to apply today.

1APR based on hypothetical loan amount of $10,000 with $100 loan documentation fee. Personal Banking clients with one of the following checking accounts – Club, Club 50, Choice, Direct Pay, Direct Pay Plus or automatic debits from any First Midwest Checking account – should contact their First Midwest Banker to discuss rate discount eligibility. Auto insurance required. 

2Mileage cap of 100,000 miles on all used vehicles.

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Auto Loan Payment Examples

Examples1

New Vehicle

Used Vehicle

New Vehicle Cost

Down Payment

Loan Amount

48-month Loan APR

Monthly Payment

$25,000

$5,000

$20,000

3.50%

$447

$10,000

$2,000

$8,000

3.50%

$179

1Assumes 20% down payment and 60 equal monthly payments with a 5.99% interest rate and 6.40% Annual Percentage Rate (APR) which includes a $100 documentation fee.

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