Rates for Personal Loans and Lines of credit
Rate (%) as of April 18, 2021 9:00 AM
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 | 3.770 |
24 | 3.980 |
36 | 4.220 |
48 | 4.350 |
60 | 4.500 |
84 | 5.020 |
120 | 5.150 |
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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.