Consumer Loan Rates - Effective as of July 1, 2020

Home Equity1

Loan SolutionLTV APR Term Loan Amount
Fixed Home Equity Term LoanUp to 80%as low as 5.281%Up to 180 monthsLimits $25,000-$750,000
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    APR = Annual Percentage Rate

    Please call your local Kitsap Bank Branch for additional details

    • Subject to credit approval

    • APR is based upon a $150,000 loan amount, 15-year loan term and rate as low as 5.250%

    • Typical loan payment is $1,217.75 for a $150,000 loan amount, 15yr term and interest rate of 5.25%

    • Minimum Credit Score of 720

    • Owner Occupied Property Only

    • 1st DOT  Single Family Residential property in Washington State only. (Other collateral limitations may apply)

    • Loan to Value (LTV) <= 80%.

    • Product also available for different Loan term, Credit Score and Deed position

    • Changes to Loan amount, Loan term, Credit Score, Deed position, Loan to Value (LTV) may affect the APR

    • Payments do not include 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 loan

     

Powerline Home Equity Line of Credit1

Loan SolutionLTV APR Term Loan Amount
Home Equity Power Line of CreditUp to 80%as low as 4.00%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 of 3.250% as of 3/16/20 plus or minus a margin

    • The floor is 4.00%; under no circumstance will your APR go below 4.00%, except during the promotional 6 month period, if applicable

    • Estimated interest only loan payment is $3.33 per month, for each $1,000 advanced at 4.00% 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

    • Minimum Credit Score of 720

    • Owner Occupied Property Only

    • 1st DOT Single Family Residential property in Washington State only.  (Other collateral limitations may apply)

    • Loan to Value (LTV) <= 80%.

    • Product also available for different Loan term, Credit Score, Deed position and  Property type

    • Changes to Loan amount, Loan term, Credit Score, Deed position or loan to value (LTV) may affect the APR

    • 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. 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 $552.48 and $5,335.00 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.

    • Property insurance required and flood insurance may be required if applicable.

    Fixed Rate Option Feature for Owner Occupied Only

    • 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.

    • Contact your local branch for the rates available for the Fixed Rate Options.

    • You should consult a tax advisor regarding the deductibility of interest and charges for the Home Equity Line of Credit.

Auto Loans1

Loan SolutionAPR Term Loan Amount  
New 2020 Vehicles4.49%72 months$15,000+Apply Now
New 2020 Vehicles4.24%36-60 monthsNo limitApply Now
New 2020 Green Vehicles3.99%72 months$15,000 +Apply Now
New 2020 Green Vehicles3.74%36-60 monthsNo limitApply Now
Used Green Vehicles 2017-20193.99%36 - 60 monthsNo limitApply Now
Used Vehicles 2017-20194.24%60 monthsNo limitApply Now
Used Vehicles 2014-20164.75%48 monthsNo limitApply Now
Used Vehicles 2013 and older on a case by case basis4.50%36 monthsNo limitApply Now
Used Vehicles 2013 and older on a case by case basis5.00%48 monthsNo limitApply Now
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    APR = Annual Percentage Rate

    • Subject to credit approval.
    • New auto loans available up to 100% of NADA or purchase price with credit scores over 700.
    • Used auto loans require a 10% or more down payment of NADA average retail value or purchase price, whichever is less. Credit scores over 700.
    • Your actual rate and payment amount may be different as determined by your collateral, term, loan amount and credit qualifications.
    • Kitsap Bank continues to promote financing options for energy efficient green vehicles at a reduction of .5% with an automatic charge from a Kitsap Bank account.
    • 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 are as follows:
      • New Vehicle -$317.39 for 72 months, based on a $20,000 loan at 4.49% APR
      • Used Vehicle - $230.29 for 48 months, based on a $10,000 loan at 5.00% APR

Motorcycle, RV & Boat Loans1

Loan SolutionAPR Term Loan Amount  
New 20206.50%120 Months$50,001+Apply Now
New 20206.00%84 Months$15,001-$50,000Apply Now
New 20205.50%60 MonthsUp to $15,000Apply Now
Used 20196.75%120 Months$50,001+Apply Now
Used 2018-20166.50%84 Months$30,001-$50,000Apply Now
Used 2015-2012 and older on case by case basis6.25%60 MonthsUp to $30,000Apply Now
  • 1

    APR = Annual Percentage Rate

    • Subject to credit approval.
    • Rate requires 20% or more down payment of average retail value or purchase price, whichever is less.
    • 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 rate and payment amount may be different as determined by your collateral, term, loan amount and credit qualifications.
    • Typical loan payment examples are as follows:
      • New Motorcycle/RV/Boat - $567.64 for 120 months, based on a $50,000 loan at 6.50% APR
      • Used Motorcycle/RV/Boat - $445.48 for 84 months, based on a $30,000 loan at 6.50% APR

Personal Loans1

Loan SolutionAPR Term Loan Amount  
Personal Unsecured13.14% to 13.69%Up to 36 Months2,000 - $20,000Apply Now
Cash Secured3.0% Over CD YieldCannot Exceed CD Term$2,000 +Apply Now
  • 1

    APR = Annual Percentage Rate

    • Subject to credit approval.
    • For unsecured loans, a $99.00 loan fee applies. 
    • Requests < $2,000 are handled through a Visa Credit Card program.
    • Your actual rate and payment amount may be different as determined by your collateral, term, loan amount and credit qualifications.
    • Typical loan payment examples are as follows:
      • Personal Unsecured - $170.14 for 36 months, based on a $5,000 loan at 13.69% APR
      • Savings/CD Secured- $145.96 for 36 months, based on a $5,000 loan at 3.25% APR