Personal Loan Rates
Choose a loan type below for current interest rates and Annual Percentage Rates (APRs). See our rates.
For mortgages, please contact a Residential Lender for a free, personalized rate quote.
For deposit rates, please visit our deposit rate page.
Home Equity Lines1 Up to and Including 75% Loan-to-Value | ||||||
Amount2 | Interest Rate | APR3 | ||||
$10,000 – $24,999 $25,000 and above |
Prime+0.25 to Prime+2.25 Prime+0.00 to Prime+2.00 |
3.50 – 5.50 3.25 – 5.25 |
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Home Equity Lines1 75.01% 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 3.75 – 4.50 |
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Home Equity Lines1 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 4.00 – 4.25 |
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Home Equity Lines1 85.01% to 90% Loan-to-Value | ||||||
$10,000 – $24,999 $25,000 and above |
Prime +1.25 Prime+1.00 to Prime+1.25 |
4.50 4.25 – 4.50 |
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Apply online, talk to an expert or visit your nearest branch to apply today. |
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1 If a credit line is closed within the first 24 months, the fee will be $200 for lines $10,000 – $24,999, $350 for lines $25,000 – $250,000, and $750 for lines greater than $250,000 (does not apply to IA Residents). This account has a draw period of 10 years, after which any outstanding balance will be automatically converted to a 20-year fully-amortized repayment period. |
Five Year Term | ||||||
Amount |
Interest Rate |
APR1 |
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$5,000 - $24,999 |
5.00 – 5.74 |
5.82 – 6.57 |
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$25,000 - $99,999 |
4.75 – 5.74 |
5.55 – 6.55 |
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$100,000 and above |
4.50 – 5.74 |
4.96 – 6.20 |
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Ten Year Term | ||||||
Amount |
Interest Rate |
APR1 |
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$5,000 - $24,999 |
5.25 – 6.50 |
5.68 – 6.94 |
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$25,000 - $99,999 |
5.00 – 6.50 |
5.43 – 6.94 |
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$100,000 and above |
4.75 – 6.50 |
4.99 – 6.75 |
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Fifteen Year Term | ||||||
Amount |
Interest Rate |
APR1 |
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$5,000 - $24,999 |
5.50 – 6.32 |
5.81 – 6.63 |
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$25,000 - $99,999 |
5.25 – 6.32 |
5.55 – 6.63 |
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$100,000 and above |
5.00 – 6.32 |
5.17 – 6.50 |
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Apply online, talk to an expert or visit your nearest branch to apply today. |
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1 Annual Percentage Rate (APR) shown is available as of 4/10/20 to well qualified applicants for a fixed home equity installment loan holding a single-family owner occupied property as collateral in second lien position. APR shown is based on loan amount within the range shown for the stated term. Your APR may vary and will be based on your credit qualification, the loan amount, the repayment term, loan-to-value (LTV), property type, and our lien position. The monthly payment example for a $15,000 home equity installment loan at 5.81% APR with 90% LTV is $125.01 per month for 180 months with no down payment and does not include taxes or insurance premiums. The monthly payment example for a $62,500 home equity installment loan at 5.55% APR with 90% LTV is $512.31 per month for 180 months with no down payment and does not include taxes or insurance premiums. The monthly payment example for a $110,000 home equity installment loan at 5.17% APR with 90% LTV is $879.60 per month for 180 months with no down payment and does not include taxes or insurance premiums. Your actual payment may vary based on amount, term, APR, taxes, insurance, and other factors. Offer is subject to credit approval. Property insurance required on properties secured by this plan. Other rate enhancements do not apply. Offer may change or be withdrawn at any time without notice. Call 800-241-1749 for information on home equity installment loans in other lien positions. All loans are offered through First Midwest Bank. |
Amount |
Interest Rate |
APR1 |
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$5,000 - $35,000 |
4.99 – 14.99 |
5.16 – 16.31 |
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Apply online, talk to an expert or visit your nearest branch to apply today. |
Personal Loan Payment Example
Example |
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Loan Amount Interest Rate APR1 # Monthly Payments Principal and Interest |
$10,000 8.49% 8.95% 84 $161.22 |
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1 Annual Percentage Rate (APR) is fixed and based on $10,000 loan amount and includes $150 Documentation Fee. Subject to credit approval. We reserve the right to modify or update our current loan rates at any time. |
All New Vehicles |
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Term (Months) |
Interest Rate |
APR1 |
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72 |
3.50 – 4.30 |
3.84 – 4.64 |
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60 |
3.30 – 11.49 |
3.40 – 11.93 |
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48 |
3.00 – 10.99 |
3.50 – 11.52 |
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42 |
3.00 – 10.99 |
3.57 – 11.59 |
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36 |
3.00 – 10.49 |
3.66 – 11.18 |
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Used 2021 – 2018 Vehicles2 | ||||||
72 |
3.60 – 5.10 |
3.94 – 5.45 |
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60 |
3.40 – 11.49 |
3.81 – 11.93 |
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48 |
3.10 – 11.29 |
3.60 – 11.82 |
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42 |
3.10 – 11.09 |
3.67 – 11.69 |
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36 |
3.10 – 10.49 |
3.76 – 11.18 |
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Used 2017 – 2014 Vehicles2 | ||||||
72 |
4.80 |
5.15 |
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60 |
4.30 – 5.10 |
4.71 – 5.21 |
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48 |
3.80 – 12.49 |
4.30 – 13.03 |
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42 |
3.80 – 11.99 |
4.37 – 12.59 |
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36 |
3.80 – 11.49 |
4.46 – 12.18 |
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Used 2013 – 2011 Vehicles2 | ||||||
60 |
4.80 |
5.21 |
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48 |
4.60 – 7.49 |
5.11 – 8.01 |
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42 |
4.10 – 12.99 |
4.67 – 13.60 |
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36 |
4.10 – 12.49 |
4.76 – 13.19 |
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Used 2010 and Older Vehicles2 | ||||||
60 |
5.60 |
6.01 |
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48 |
4.80 – 5.80 |
5.31 – 6.31 |
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42 |
4.70 – 6.80 |
5.27 – 7.38 |
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36 |
4.70 – 6.40 |
5.36 – 7.07 |
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Apply online, talk to an expert or visit your nearest branch to apply today. |
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1 APR is fixed and based on hypothetical loan amount of $10,000 and includes $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. Subject to credit approval. |
Auto Loan Payment Example
Examples |
New Vehicle1 |
Used Vehicle2 |
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Automobile Cost Down Payment Loan Amount 48-month Loan APR Monthly Payment |
$10,000 $2,000 $8,000 3.62% $179.29 |
$10,000 $2,000 $8,000 3.72% $179.65 |
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1 Assumes 20% down payment and 48 equal monthly payments with a 3.00% interest rate and fixed 3.62% Annual Percentage Rate (APR) which includes a $100 documentation fee. Subject to credit approval. |