Rates for Personal Loans and Lines of credit
Rate (%) as of January 26, 2021 4:00 PM
Personal loan *
Prime (P) = 2.450
| Terms (months) | Fixed rate | Variable rate | ||
|---|---|---|---|---|
| Less than $10,000 | $10,000 and over | Less than $10,000 | $10,000 and over | |
| 6-12 | 10.900 | 9.650 | P+ 6.500 = 8.950 | P+ 5.000 = 7.450 |
| 13-24 | 11.000 | 9.750 | ||
| 25-36 | 11.000 | 9.850 | ||
| 37-48 | 11.200 | 10.000 | ||
| 49-60 | 11.300 | 10.150 | ||
| Terms (months) | Fixed rate | Variable rate | |
|---|---|---|---|
| Less than $10,000 | $10,000 and over | ||
| 3-12 | 5.250 | 5.000 | P+ 0.750 = 3.200 |
| 13-24 | 6.250 | 5.500 | P+ 1.250 = 3.700 |
| 25-36 | 6.250 | 5.500 | P+ 1.750 = 4.200 |
| 37-48 | 6.500 | 6.250 | P+ 2.250 = 4.700 |
| 49-60 | 6.750 | 6.500 | |
| 61-84 | ---- | 6.750 | |
| 85-120 | ---- | 7.250 |
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RRSP line of credit
Prime (P) = 2.450
| Rate | |
|---|---|
| RRSP line of credit | P+ 1.500 = 3.950 |
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National Bank All-In-One
Prime (P) = 2.450
| Rate | |
|---|---|
| All-In-One | P + 1.00 = 3.450 |
| Credit interest | |
| $0 and + | 0.000 |
| $5,000 and + | 0.010 |
| $25,000 and + | 0.010 |
| $60,000 and + | 0.010 |
| $100,000 and + | 0.010 |
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Integrated Line of credit ($500 to $4,999)
Prime (P) = 2.450
| Rate | |
|---|---|
| The Virtuoso Line of credit | P+ 7.000 = 9.450 |
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Personal Flex Line ($5,000 and +)
| Rate | |
|---|---|
| Personal Flex Line | To obtain our rates*, contact a National Bank advisor in branch. |
* Our rates may be adjusted depending on the client's file and on the client's authorized limit.
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Line of credit on a second home ($5,000 and +)
Prime (P) = 2.450
| Rate | |
|---|---|
| Line of credit secured by a first mortgage on a second home | P + 1.000 = 100.000 |
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Student Line of Credit
Prime (P) = 2.450
| Rate | |
|---|---|
| With guarantor | P+ 2.000 = 4.450 |
| Without guarantor | P+ 2.750 = 7.200 |
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Quebec Student Loan
Prime (P) = 2.450
| Class B or class E loan* | |
|---|---|
| Variable rate | P+ 0.500 = 2.950 |
*Interest rate on Quebec student loans where borrower is responsible for interest (class "B" full time; class "E" part-time).
| Class C loan* | 1 year |
|---|---|
| Fixed rate | P+ 1.000 = 3.450 |
*Interest rate set at disbursement date and revised annually on PC loans (class "C").
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Loan of money, Contract of sale by instalment, Conditional sale contract at rate subject to change
(consumer goods financing)
| Terms (months) | Reference Rate |
|---|---|
| 12 | 3.690 |
| 24 | 3.790 |
| 36 | 3.900 |
| 48 | 3.940 |
| 60 | 4.030 |
| 84 | 4.470 |
| 120 | 4.570 |
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Personal loan secured by collateral mortgage or marine mortgage *
| Terms (months) | Rate |
|---|---|
| 6-12 | 3.190 |
| 13-24 | 3.440 |
| 25-36 | 3.950 |
| 37-48 | 4.590 |
| 49-60 | 5.290 |
* These rates may be adjusted depending on the client's file
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N.B.
Rates subject to change without notice.