Consumer Loan Rates - Effective as of December 2, 2022

Powerline Home Equity Line of Credit1

Loan SolutionLTV APR Term Loan Amount
Powerline Home Equity Line of CreditUp to 80%*as low as 7.00%up to 120-monthsLimits $25,000-$750,000
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    *APR = Annual Percentage Rate

    • Subject to Credit Approval.
    • Variable rate based on the Wall Street Journal Prime Rate; may be subject to a margin of plus or minus a 0.25%.
    • The floor is 4.50%; the annual percentage rate will not go below 4.50%, except during the promotional 6 month period, if applicable.
    • Estimated interest only loan payment is $5.83 per month, for each $1,000 advanced at 7.00% APR*.
    • Rates are subject to change depending on market conditions and may increase after consummation.
    • Rate to float monthly with a floor established at origination depending on the lien position, loan amount and term; maximum of 18% APR*.
      • Maximum interest only payment is $15.00 per month for each $1,000 advanced at 18.00% APR*.
    • Minimum Credit Score of 680.
    • Owner occupied single family residential property in the State of Washington only. Other collateral limitations may apply.
    • Product also available for different Loan term, and Deed position.
    • Changes to loan amount, loan term, or deed position may affect the annual percentage rate.
    • Monthly payments are typically interest only and do not include principal, property taxes or insurance premiums.
    • Hazard insurance required; flood insurance may be required if applicable.
    • You should consult a tax advisor regarding the deductibility of interest and charges for the Home Equity Line of Credit.

    Please call your local Kitsap Bank Branch for additional details.

    Owner Occupied only 

    • The Bank will pay all of the initial third party fees such as but not limited to appraisal, credit reports, recording fees, flood determinations, title and escrow fees. 
    • In the event an appraisal is needed to evaluate your loan request, the cost for the appraisal must be paid up front before the appraisal order is placed.  The appraisal fee will then be credited back at the time of loan closing.  Where appraisal services are rendered and the loan is not originated; the appraisal fee is not refunded.
    • If this line of credit is terminated on or before the 36th month from the Credit Agreement date you will be required to repay all fees and charges initially paid by the Bank.
    • Third party fees and charges generally total between $481.00 and $3,457.00 and the Bank will provide you with an itemization of these fees upon closing.
    • You may terminate your Line of Credit by paying the balance in full and requesting us to reconvey the Deed of Trust that secures the Credit Lien. You may pay your Credit Line to a zero balance and not pay this fee if you intend to keep the credit line active.

    Fixed Rate Option Feature for Owner Occupied Only

    • Only available on new and existing PowerLines secured by Owner Occupied Primary Residences originated after January 2019.  All Powerlines originated prior to this date and existing lines secured by Second Homes or Investment Properties are not FRO eligible.
    • Option to term out up to 3 different Fixed Rate portions at any time during the life of the draw period.
    • The principal becomes available again in the Home Equity Line of Credit as the balance is repaid on the Fixed Rate Option.
    • The minimum amount for a Fixed Rate Option is $5,000; the maximum is the outstanding balance.
    • The term-out period for a Fixed Rate Advance is 36 months to 120 months depending on the amount fixed.
    • The minimum monthly payment is $100.00 or the fully amortized payment whichever is greater.
    • A fee of $50.00 applies for each Fixed Rate Option.
    • You should consult a tax advisor regarding the deductibility of interest and charges for the Home Equity Line of Credit.

    Please call your local branch for the rates available for the Fixed Rate Options.

     

Vehicles1

Loan TypeRate APR  
New Vehicles6.24%6.25% - 7.78%Apply Now
Used Vehicles6.49% - 6.99%6.56% - 8.04%Apply Now
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    * APR = Annual Percentage Rate

    • Subject to credit approval.
    • Minimum credit score 680.
    • New auto loans available up to purchase price.
      • Maximum term based on loan amount; not to exceed 72 months.
    • Used auto loans require a 10% or more down payment of the lower of NADA average retail value or purchase price.
      • Maximum term based on loan amount; not to exceed 60 months
    • Vehicle models 8 years or older require a branch vehicle inspection report. 
    • Your actual annual percentage rate and payment amount may be different as determined by your collateral, term, loan amount and date of first payment.
    • Kitsap Bank continues to promote financing options for energy efficient green vehicles at a reduction of 0.20%.
    • Vehicles listed under the EPA's SmartWay certification program qualify.  Cars and trucks awarded EPA's SmartWay certification emit less greenhouse gas (GHG) and smog-forming tailpipe emissions than other vehicles.  Find the lists at https://www.epa.gov/greenvehicles/find-smartway-vehicle
    • Typical loan payment examples based on first payment date 30 days from funding are as follows:
      • New Vehicle -$250.58 for 72 months, based on a $15,000 loan at 6.24% interest rate (6.28% APR*)
      • Used Vehicle - $297.28 for 60 months, based on a $15,000 loan at 6.99% interest rate (7.04% APR*)

Motorcycle, RV & Boat Loans1

Loan TypeRate APR  
New6.99% - 7.99%7.04% - 8.53%Apply Now
Used7.99% - 8.99%8.04% - 9.53%Apply Now
  • 1

    *APR = Annual Percentage Rate

    • Subject to credit approval.
    • Minimum credit score 680.  
    • Rate requires 20% or more down payment of the lower of average retail value or purchase price.
    • Maximum term based on loan amount; not to exceed 120 months
    • Motorcycle/Boats/RV's models 8 years or older require a branch vehicle inspection report.  
    • Motorcycle rates are not available for small and/or off-road motorcycles, all-terrain vehicles (three wheelers, four wheelers, etc.), jet-skis, and snowmobiles.  
    • Your actual annual percentage rate and payment amount may be different as determined by your collateral, term, loan amount and date of first payment.  
    • Typical loan payment examples based on first payment date 30 days from funding are as follows:
      • New Motorcycle/RV/Boat - $258.85 for 72 months, based on a $15,000 loan at 7.39% interest rate (7.43% APR*)
      • Used Motorcycle/RV/Boat - $266.17 for 72 months, based on a $15,000 loan at 8.39% interest rate (8.43% APR*)

Personal Loans1

Loan TypeRate APR  
Personal Unsecured13.00%14.58% - 24.42%Apply Now
Cash Secured3.00% Over CD Annual Percentage Yield3.51% - 4.94%Apply Now
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    *APR = Annual Percentage Rate

    • Subject to credit approval.
    • For unsecured loans
      • Minimum credit score 720.
      • Maximum term is 36 months.  
      • A $99.00 loan fee applies.  
      • Maximum loan amount $20,000
    • Maximum term for cash secured is not to exceed the current CD maturity date.
    • Your actual annual percentage rate and payment amount may be different as determined by your collateral, term, loan amount and date of first payment.  
    • Requests < $2,000 are handled through our Visa Credit Card program.
    • Typical loan payment examples based on first payment date 30 days from funding are as follows:
      • Personal Unsecured - $168.42 for 36 months, based on a $5,000 loan at 13.00% interest rate (14.62% APR*)
      • Savings/CD Secured- $146.06 for 36 months, based on a $5,000 loan at 3.30% interest rate (3.52% APR*)