Bank of North Dakota Loan Rates
Rates subject to change daily. All rates set at the time of loan funding.
Direct Farm Real Estate Loan Rates
| Effective for the week of 07/27/2010 through 08/02/2010 |
| Rate Index |
Terms |
Level I |
Level II |
Level III |
| Quarterly Adj.* |
25 Years |
2.74% |
3.24% |
4.24% |
| Annual |
25 Years |
3.00% |
3.50% |
4.50% |
| 3 Year Adj. |
25 Years |
3.73% |
4.23% |
5.23% |
| 5 Year Adj. |
25 Years |
4.62% |
5.12% |
6.12% |
| 10 Year Adj.** |
25 Years |
6.50% |
7.00% |
8.00% |
| 25 Year Fixed** |
25 Years |
6.75% |
7.25% |
8.25% |
*Quarterly adjustable rate loans funded prior to 4-30-08 are indexed to the FHLB 3 month LIBOR rate quoted under the Daily Adjustable Loan Rate Indexes below.
**Rate floors have been established on the 10 Year Adj. and the 25 Year Fixed rate for Levels I, II, and III.
- Bank of North Dakota charges no prepayment penalties for early payment.
- The maximum rate charged during the term of the loan will not increase by more than 6% from the initial interest rate on the quarterly, annual, 3 year and 5 year adjusted rates.
- NOTE: THE MAXIMUM LOAN NOT TO EXCEED $1,000,000
Guaranteed Loan Purchase Program Rates
Effective for the week of 07/27/2010 through 08/02/2010 |
| Rate Index |
BND Net Rate |
+ |
Lead Lender |
= Borrower Rate |
Quarterly Adj. |
1.49% |
+ |
Service Fee |
= Borrower Rate |
| 1 Year Adj. |
1.75% |
+ |
Service Fee |
= Borrower Rate |
| 2 Year Adj. |
2.11% |
+ |
Service Fee |
= Borrower Rate |
| 3 Year Adj. |
2.48% |
+ |
Service Fee |
= Borrower Rate |
| 5 Year Adj. |
3.37% |
+ |
Service Fee |
= Borrower Rate |
| 7 Year Adj. |
4.13% |
+ |
Service Fee |
= Borrower Rate |
Commercial/Farm Participation
Daily Adjustable Loan Rate Indexes
Rate Index Effective 07/29/2010 |
Index |
| Wallstreet 1 Month LIBOR |
0.31156% |
| Wallstreet 3 Month LIBOR |
0.46563% |
Rate Index Effective 07/30/2010 |
Index |
| FHLB 1 Month LIBOR |
0.305% |
| FHLB 3 Month LIBOR |
0.454% |
| FHLB 1 Yr Adv Rate |
0.70% |
| FHLB 2 Yr Adv Rate |
1.01% |
| FHLB 3 Yr Adv Rate |
1.33% |
| FHLB 5 Yr Adv Rate |
2.20% |
| FHLB 7 Yr Adv Rate |
2.98% |
| FHLB 10 Yr Adv Rate |
3.73% |
Commercial/Farm Participation
Weekly Adjustable Loan Rate Indexes
Effective for the week of 07/27/2010 through 08/02/2010 |
| Rate Index |
Index |
| 90 Day Treasury Constant Maturities |
0.16% |
| 1 Year Treasury Constant Maturities |
0.27% |
| 3 Year Treasury Constant Maturities |
0.93% |
| 5 Year Treasury Constant Maturities |
1.71% |
| 10 Year Treasury Constant Maturities |
2.97% |
For more information please contact us at:
Bank of North Dakota
1200 Memorial Hwy
PO Box 5509
Bismarck, ND 58506-5509
(701) 328-5817
1-800-472-2166 ext. 5817
TDD (Telephone Device for the Deaf) 1-800-643-3916
